Thread regarding Baker Hughes layoffs

Wood Group pulls out of Baker acquisition. Weatherford launches hostile bid to buy Baker now.

Will this move by Weatherford be any more successfull than Wood Group?

Sir Ian pulled the plug yesterday morning on Wood Groups bid accusing Lorenzo Simonelli of being a “two faced back stabber” for pushing a deal with Weatherford behind his back. This is not a good situation for BHGE.

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| 1631 views | | 11 replies (last August 25, 2018) | Reply
Post ID: @OP+UL7nloG

11 replies (most recent on top)

Aberdeen office were done over by someone smarter

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Post ID: @4cpe+UL7nloG

two wronguns dont make a right

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Post ID: @2sxm+UL7nloG

Houston execs shut down aberdeen ops to kick their managers in the a$$ and make more bonus. Any update on this? Looks like they had it coming because of poor performance.

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Post ID: @2nue+UL7nloG

Who's is the worst service company in the world to work for - Baker or Weatherford?

There is a good reason for these companies having a terrible reputation. Yes it because they are terrible low quality pile of c-ap companies that are not worth anything to anybody and should be broken up

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Post ID: @1lkj+UL7nloG

Just concentrate on the fundamentals

That’s the most important thing. The management going about with nappy’s on all sh--ting it⛑⛑

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Post ID: @1jct+UL7nloG

This is a marriage of failed and incompetent companies. BHGE is desperate and going down the toilet very fast

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Post ID: @1ceb+UL7nloG

HAven’t these management clowns understood yet, they really don’t know what they’re doing. They create failure after failure that’s why aberdeen office went downhill and became a laughing stock.

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Post ID: @1gbt+UL7nloG

Would you want your well serviced by a company made up of the two worst performers in the industry?

There is no commercial rationale for this merger whatsoever

Just another pipe dream by our od touch management. We would have been much better off with Wood Group.

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Post ID: @1zpj+UL7nloG

Wow !

What a dream team and a match made in heaven. May dios protect employees and investors on both sides from such management folly

Just what we need right now!

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Post ID: @1lzj+UL7nloG

Weatherford can barely make payroll. They can’t buy anything

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Post ID: @jjx+UL7nloG

What a load of c-ap

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Post ID: @mzp+UL7nloG

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