Thread regarding National Oilwell Varco Inc. layoffs

NOV reports Q2 earnings 7/27

Analysts expect 5 cents a share profit. Is it possible that this non-profit organization will report its first profit in nearly 10 years? I doubt it.

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| 1851 views | | 9 replies (last July 11, 2022) | Reply
Post ID: @OP+1hCiEBM4

9 replies (most recent on top)

That last post could apply to Greengate in Manchester, sounds all too familiar

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Post ID: @3ugu+1hCiEBM4

Our old site is in ruins after they put a bad team in charge. They dismantled any part of the business with integrity and destroyed morale. Several departments submitted reports of IP theft, se-ual harassment, lying to corporate leadership, misappropriation of funds, making products with known-inferior materials and lying about it, plus much more, but corporate turned over the handling of these reports back to the people who were responsible for them. No wonder nothing happened.

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Post ID: @3jsk+1hCiEBM4

Who gives a 5hit?

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Post ID: @3ypw+1hCiEBM4

“Creative accounting” is whats kept them alive this long…

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Post ID: @1tbs+1hCiEBM4

Creative accounting would be required for NOV to finally report a profit.

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Post ID: @1ekb+1hCiEBM4

There is no way NOV will make a profit in Q2.

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Post ID: @nkn+1hCiEBM4

Actually 2.75%

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Post ID: @dnq+1hCiEBM4

3% raise tho.

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Post ID: @fkj+1hCiEBM4

After screwing their employees
Probably yes

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Post ID: @fnr+1hCiEBM4

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