Thread regarding National Oilwell Varco Inc. layoffs

Share price is way down the river

What is NOV leadership going to do to give us investors their dividends, hardly any profits in first 3 months of the year.

Another VERP, another CRP ?

VERP - voluntary early retirement program

CRP - cost reduction program ( no salary increases, headcount reductions, centralization of shared resources etc etc)

So much revenue but so little return on investment yet continued incentives for questionable management from director level up. This company is meant to be run for return on investment but all I see is reward for incompetent management.

Opinions ?

by
| 2601 views | | 8 replies (last May 16, 2019) | Reply
Post ID: @OP+YRuk9Pc

8 replies (most recent on top)

Hahaha, 70s pawn staaaars

by
| | Reply
Post ID: @eqkr+YRuk9Pc

Are any Directors, VPs, Presidents or Executive team up for VERP ? Is there a hiring freeze on again ?

by
| | Reply
Post ID: @dguy+YRuk9Pc

verp coming today, layoffs will follow

by
| | Reply
Post ID: @bues+YRuk9Pc

Time for a new CEO and segment presidents, they all are sooooo old and looked fxxked especially the moustached ones ... look like 70s p--n stars lol

Time over gents move over and let some new blood run this company they way Pete used to, inspirational not instructional

Sad

by
| | Reply
Post ID: @8zxr+YRuk9Pc

I think they are great as well, I have no shares but they have managed to drive the shares down below 25 bucks again, I might just buy some if they were starting to get orders again ... real orders not giveaways.

by
| | Reply
Post ID: @6eqf+YRuk9Pc

Speak for yourselves I think they are GREAT!!!!

by
| | Reply
Post ID: @4ahl+YRuk9Pc

verp?

by
| | Reply
Post ID: @4pje+YRuk9Pc

Napoleon Dynamite, Pedro and Uncle Rico all need to be voted out. Clueless hacks.

#bringbackPete

by
| | Reply
Post ID: @1bex+YRuk9Pc

Post a reply

: