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9 replies (most recent on top)
"Togever we win!"
Lot of offices closed and jobs lost because of mwd numty shambles
I conquer! It was so bad that dr-gs were needed to create a healthy atmosphere at work
I confirm that ex- GE aero management is useless. Totally useless and shouldn’t be trusted!
A lot of them came from the GE Aero division which they totally dismantled (couldn't control costs). At the time oil was $100 so it looked like GE Oil and Gas was a good place to go. GE had no real credibility in O&G so when the oil prices dropped the BH merger seemed like a good deal for both companies. Except that GE destroys every company they buy or merge with. Unfortunately BH got stuck with cr---y management that didn't do anything right when they were GE. Sad.
It seems to me all are “executives” in Baker now. Or at least they title themselves to this. You can’t blame GE anymore.
Shiny ?
Next time get a drilling professional to manage the drilling dept not some mwd numty like last time in aberdeen. You go cheap you pay the price eventually is as old as the hills.
Sure is something to think about, especially when they mixed them in with the really sh_ _ _ y ones from BHI's existing organization and creating the perfect storm.
Let's hope BKR will pull a stunt like the one GE just did (split into 3 separate entities) and cause the share price to go up!