Thread regarding Baker Hughes layoffs

Didn't look at the date on the editorial. April fools joke maybe?

The author needs to be dr-g tested immediately

“WSJ names Baker Hughes one of the best managed companies”

Almost nothing in the WSJ can or should be regarded as credible. It’s just a tabloid dressed up as a business publication, similar to most other things Rupert Murdoch owns.

Hey how you dumfxxx in aberdeen enjoy unemployment and poverty re stoneywood drilling? 😩

So hundreds lost their miserable job and pensions because the mess created by the incompetent drilling management. That’s a bit ruff but you gotta laugh 😂😂😂 becuz you were warned this would happen.

Does anyone else see the humor in seeing ppl, who work for a company that is basically a train wreck heading for the scrap yard, disputing a WSJ article.

This might as well be titled "Baker Hughes named to list of public companies" -- big deal, obviously it's a crock. The fact that BH crows about it like it means something tells you everything you need to (and already) know -- it's now a surface-level company running on a false narrative and PR misdirection, not any sort of operations, financial know how, or engineering expertise.

Could see it coming a mile away. Ex stoneywood / kirkhill drilling dept lost all their work due to complete shambles and incompetence by management. Now everyone lost their jobs and pensions have tanked thank you very much. 😂😂😂

Looks like the ‘stoneywood guy’ was right. He has the last laugh 😎

The fact that hundreds of lives have been ruined is aberdeen’s fault, not BH. Just about every company in the BH group was a market leader at the time they were bought. You had good products & services, a good reputation and lots of contracts. The problem was bad management and incompetence.. Losing the BP contract was the final straw and Aberdeen office could never recover from that. It’s your own fault.

The problems that led aberdeen to fall can be identified quite accurately but whether anyone wants to make the time and effort to explain this is another thing. People have moved on and Aberdeen is no longer their concern.

Let’s see. Let’s put the wrong folks in charge, let if fail, then let’s shut down the operations and in turn look like we manage things well.

I can see your point, but the vision needs to reach well beyond the next 2 years.

Playing musical chairs with leadership doesn’t work. The continued disruption and managers playing catch-up only leaves the employees confused and demotivated.

No long term vision. No career paths. Managers are clueless as to what their group function even does and supports. Add to the mix an entitlement of working from home, mandatory vaccines, and anti-vaxxers ….

I can’t see how things can turn out fine for this company. Thankfully the technology and innovation is still there to some extent. When some of y’all return to the office, make sure to head out to the shops and labs and give the scientists a big wet kiss 💋 🍆 for keeping you employed somewhat relevant in the meantime

@fnu+1eis0xig

Who put the management in Aberdeen and failed to recognize it until it had to be closed? Who failed to make a change? Who is responsible for ruining hundreds of lives?

The problem for Aberdeen office has to be seen in context. The failing and terminal decline was caused by local management failure. It was good management by BH to close that location down because performance & profitability was poor. This is what the WSJ was referring to. This was good management by baker Hughes to see the problem and jettison it..

Reality is that this publicity was bought by BKR. Not fooling the employees and the industry.

Heck, for the right price, WSJ might even publish that the lEADERS at BKR all have a 12-inch schlon_!

They ranked Enron quite highly. So, you know…

Mind boggling.

Ask anyone in Aberdeen about how well Baker has been managed. Total BS!

Baker stock was over $50 a share 5 years ago, it was $37 when the merger closed. It can’t seem to hold over $25 now. On shareholder return alone this management team has been a total failure. That’s not even to mention all the id--tic “plans” e.g full stream (doesn’t exist now). The total brain drain, attrition, and know how that has left. Baker has been mismanaged since GE castaways got kicked out by big daddy Jeff.

How much did they pay WSJ for this load of cr-p?

Well. That will keep them doing what they have been doing. No change = fun times ahead.

Yay!!!