Thread regarding National Oilwell Varco Inc. layoffs

Anyone heard anything about NOV offering another Voluntary Early Retirement Program? If so, any idea when?

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| 567 views | | 5 replies (last September 10, 2015) | Reply
Post ID: @OP+DjlaJWc

5 replies (most recent on top)

So very happy that I was offered and accepted the VERP earlier this year. No regrets at all.

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Post ID: @6YwP+DjlaJWc

But you have to have 80 points to qualify (your age and number of years with NOV combined).

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Post ID: @16py+DjlaJWc

They just did that earlier this year. Doubt they would do it again so soon.

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Post ID: @19Nz+DjlaJWc

That will not happen again for a while, that ship has sailed. 35 years of experience here, this is not my first rodeo

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Post ID: @qnD+DjlaJWc

No, I don't think so. Word is, NOV wasn't prepared for the amount of people who accepted the VERP earlier this year. I heard today that Wellbore is about to start making massive cuts.

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Post ID: @kHf+DjlaJWc

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