Thread regarding National Oilwell Varco Inc. layoffs

NOV faces the same challenges as all other competitors but can not turn a profit

All of NOV’s competitors reported profits in Q1. Can someone explain why this is?

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| 2271 views | | 4 replies (last May 10, 2022) | Reply
Post ID: @OP+1gDAowgi

4 replies (most recent on top)

Because NOV is game of thrones internally, no one wins when all the kingdoms are backstabbing each other.

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Post ID: @2wjd+1gDAowgi

If we are not making profit, why is managers and above still getting bonuses

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Post ID: @1tnz+1gDAowgi

Poor business model.

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Post ID: @1utn+1gDAowgi

Bad cultures + bad market = failure

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Post ID: @oaj+1gDAowgi

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