Thread regarding National Oilwell Varco Inc. layoffs

When will 2nd quarter financials be posted? Concerned about another round of VERPS, then layoffs.

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| 2506 views | | 15 replies (last July 12, 2021) | Reply
Post ID: @OP+1bIowzUm

15 replies (most recent on top)

Heard the same on Greengate redundancy notice on the 27th

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Post ID: @5ppu+1bIowzUm

July 27th

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Post ID: @5uub+1bIowzUm

Unfortunately someone accidentally lost the paper that explained what V-E-R-P stood for and now HR, Accounting, and Engineering are trying to figure it all out. Legal has forbid them to offer any VERP's until they know what it means. Should be worked out by the end of Q3, where the revenue will miraculously return and everyone will sing songs and give each other Covid ("Air") hugs!

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Post ID: @1hfu+1bIowzUm

Are Verps are being offered company wide in the USA?

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Post ID: @1tii+1bIowzUm

It's all baloney

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Post ID: @1tjm+1bIowzUm

It aint worth worrying about VERPS or Layoffs lifes too short to tie your mind up in knots.
What happens happens.
In the meantime there is a cow to milk baby.

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Post ID: @1dth+1bIowzUm

VERPS are alive and kicking, being offered as we speak

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Post ID: @1gop+1bIowzUm

Management within NOV does not really exist because no managers have the aptitude to manage they attempt passive management but fail continuously its like the blind leading the blind.

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Post ID: @1xzc+1bIowzUm

I was half right England did actually win

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Post ID: @1lpl+1bIowzUm

Q2 will be something like this:
We had enough profit for mgmt. To get bonuses but not enough for hourly employees to get a raise.
Thanks for all the hard work you do
Yours truly

  1. W.
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Post ID: @kna+1bIowzUm

Why are you concerned about VERP's?
There hasn't been any in several years and if there is, its actually a good thing.

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Post ID: @agc+1bIowzUm

England 3 - Denmark 2

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Post ID: @jak+1bIowzUm
  • 25 % reduction of workforce...
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Post ID: @vxt+1bIowzUm

What's management

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Post ID: @mrh+1bIowzUm

The Q2 results shall represent a manifestation of the pi-s poor management, that is if there is any management going on?

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Post ID: @xnk+1bIowzUm

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