Thread regarding National Oilwell Varco Inc. layoffs

Anymore upcoming wave of layoff service engineers and tech college trainees?

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| 454 views | | 4 replies (last July 9, 2015) | Reply
Post ID: @OP+CjO18gg

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As far as I know the FST Trainees are all but gone, maybe a handful remain.

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Post ID: @5vPV+CjO18gg

Service bonus and increment have been freeze. Trainee offshore allowance cutted half. Trainee graduation being held back.

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Post ID: @3EQ2+CjO18gg

we really need to have dust settle for Q2 to know what will happen. my boss is saying that it'll get worse before it gets better, he's been in the industry over 40 years, the guy is typically super optimistic, this time around he's very concerned and thinks that things will continue to slide down

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Post ID: @2tzV+CjO18gg

Will happen soon once Q2 financial are consolidated.

Expect more Tech college layoffs to avoid bonus payouts.

Also retention bonuses are stopped in Asia.

India service planning a strike action.

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Post ID: @2AYD+CjO18gg

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