Which division under Baker Hughes would you say is the safest from layoffs?
Which division do you think will get hit the hardest?
The company as a whole seems to be in a downsizing strategy? Or do you see some areas with growth/increased hiring?
7 replies (most recent on top)
@4f2 There is a problem embracing “Made in the USA” initiative. The American customers want everything for cheap. It is not easy to make cheaper for them if the companies manufacture their products in the US.
I heard supply chain, as they are still globally outsourcing MFG without embracing “Made in USA” and incentives to reinvigorate MFG stateside.
Just the C suite imho. That's the reason companies exist today.
@3pc american drillers wont buy bits from India. ever
The C-suite seems immune to layoffs.
Drill Bits is probably one of the least safe. Relies heavily on tungsten carbide and tungsten prices have had an astronomical increase in prices since the "tariff war" coupled with China no longer allowing export of it. (And they supply something like 80% of the world's tungsten.)
I can see Drill Bits pushing more and more towards cheap 3rd party drill bit manufacturers in India. Honestly, I'm kind of expecting that they just try to sell off all of Drill Bits.
The Emmott and Hollister quality team is THE safest place to be in all of Baker Hughes.