Topics regarding layoffs at Baker Hughes

Topics regarding layoffs at Baker Hughes

Am I crazy

Have you ever seen a CEO run a business for 7 yrs where the stock price has never been higher than the day it went public? Does the BoD even pay attention? He has fired everyone on his staff, some more than once. Maybe it is the CEO

It’s all Perspective!

At what point will management look at things from the bottom up? How much does operations have to suffer to make efficiencies and quotas look good on paper? I hate to take on the mindset of go with the flow until it fails and hope they can see the... — read more 

Interview tips for BH

I got an interview for BH at their controls place in Bristol (think it’s actually in a town outside), wonder if there are any tips, it’s for a S/W eng position. Lots of mixed messages from some people I know going from, don’t touch with barge pole... — read more 

Strong Q2

Apparently Q2 performance is strong. Q1 in comparison was just "solid". We learned that solid externally means bad internally. Wonder what strong means and why we keep reducing headcount if the performance is strong (at least this is the story they... — read more 

Layoff and Stock

I was laid off after 20 plus years. What is everyone's read on the outlook for Baker Hughes? Should we sell off our stock? Being laid off, certainly can't afford to lose money on the stock tanking.

That was quick

These mid level executives can’t stay put long enough to come up with a plan. Much less get one implemented and see whether or not it was effective. Just stepping stones on the resume!

Is it Over yet

I’m getting tired of having to ignore the ridiculousness coming down the pipe so i can continue getting things done. I miss having management that cared about the job and their people. They came from the field and understood the job and what it takes... — read more 

G. E virus

The GE virus has done its job. . . . Eroded this once great company down to the bone and now is going to be sold off as a shell of what once was... Sad.. but they bought BHI.. they decided what to do.. unfortunately they destroyed thousands of... — read more 

Layoffs

Baker Hughes has no loyalty to its employees at all. No vacation time, no sick time... and you are just a number. Doesn't matter if you have been with them decades. I hope the company folds.

Q2 Results

What are execs going to blame tomorrow on Q2 and H1 earnings call? Not the RIFs right? Could never admit a mistake such as cutting experienced people during a cyclical market upturn. Huh I guess those people were actually doing something!

More Layoffs in 2025?

Citibank is turning bearish on crude oil in its latest price forecast predicting Brent crude oil prices will drop down to $60 per barrel in 2025. WTI is also expected to follow suite pricing below $60, with OPEC looking to increase output in... — read more 

Latinamerica

whatever is happening in latam region cant be good; T&E frozen, salary increase of 3% in countries with 12% inflation, no POs, etc. Sales manager JR is the one steering the ship were customers and sales staff share the not so good feelings

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