Certainly there is no cost cutting on Cameron / OSS OTC booth. Their booths are built on laid off people destroyed homes
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Layoffs are about headcount vs sales. OTC had no effect on layoffs.
Despite all of the layoffs by the ENTIRE industry during this downturn, companies still have to try and generate sales/business at OTC, which is a marquee oil&gas sales/marketing event, in order to survive.
To think poor Jack only got 10million for his golden parachute !!
They should totally not try to earn sales and let the rest of the company wither away too! Selfish pricks!
Yup ok......because people are told not the say the truth, told to stay quiet ect...... so the lower people are left in the dark, or the higher ups don t know as well. Seems all pretty pathetic to me. Just like in war the first casualty is the truth.
Yep, they should be ashamed. OneSubsea, Cameron, and Schlumberger all had huge booths. Unreal while families are out of unemployment payments and no job. Total bullshit.
I noticed that and also FMC and a few other deep pocket companies...
Some poor high level executive had his 1M dollar bonus threatened so instead he lays off people that actually do the work, and have families to feed, not even their fault! Those geniuses making those 1M salaries are supposed to be smart enough to see beyond the horizon!!! Those dumb asses could see and iceberg from the titanic in broad daylight!!