Any news of layoffs here? Which department? When? What percentage?
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40% Layoff of sales team on NAM - Bits will take many of the DT&R sales jobs. The Bits team have most of the oil company connections. We sell bits and drilling tools along with Whips, however DT&R Sales could never sell Bits.
I heard a rumor of layoffs today at Rankin. True?
Any word if there done at Rankin location
word is right now 5 people from new bits for now.