2020: The Year Of The Oil Bankruptcies By Alex Kimani - Dec 27, 2019, 5:00 PM CST A bankruptcy boom has hit the oil and gas industry, and it’s just getting started. Investors have lost their appetite for shale, and energy debt has become among... — read more
Topics regarding layoffs at Baker Hughes
I wish you and your families the best of the holiday season. I’m sorry we are even browsing this board and even more sorry for the stress the company puts on us through terrible management and layoffs. May there be better times ahead!
Word is Baker will be bringing back the guaranteed 40 to US land in January.
What is the point of laying off people and then posting an opening for that exact same position several months (or even several weeks) down the line?
Press and Journal Search Login / RegisterMenu NEWS / POLITICS / WESTMINSTER Oil and gas workers face ‘25% hit to earnings’ if new tax rules come into force by Daniel O'Donoghue December 19, 2019, 5:52 am Oil and gas Oil and gas Sign... — read more
Concern for Aberdeen as Apache confirms redundancy plans by Mark Lammey 12/12/2019, 6:00 am Apache's Forties Alpha platform Apache's Forties Alpha platform Sign up to our Daily newsletter A US oil firm with a large North Sea operation has... — read more
From Q&A during townhall in response to a question about the pension being funded. Not going to be funded anymore but will not be stolen. like the RMA. The response was that the RMA was never funded. How does a benefit that has had a growing dollar... — read more
Over 100 Oilfield Workers Laid Off in West Texas Joey Morin 10 hours ago About 112 workers at Pumpco Energy Services in Odessa were laid off Nov. 25, according to a bulletin released Monday from the Texas Workforce Commission advisory... — read more
Either increase the hourly / salary pay grades or the benefits...we are not just hear to help you fuks at the top get rich....trickle some down you greedy sons of B–ches...
First our Pension,,,Then our RMA now some weird time study account based on age of retirement....WTF seriously....why not Fidelity or Vangaurd.
Increased efficiencies should lead to a bumper bonus bounce!
As many of you long term company employees have witnessed this is not the same company you've come to know and respect. Its different now with different values on people....It's very unfortunate that so many good people have given a lifetime of... — read more
Wise up...the top gets paid very well plus a quarterly bonus paid in what they call "units"...each unit is worth 5K. This doesn't include additional payout for meeting all those metrics that trickle down to you that you cant do anything about... — read more
This thread is for info about potential Baker Hughes Layoffs 2020? Any news or rumors?
We work our asses off week in week out. Now they say if free cash flow doesn’t improve we won’t get a bonus. No shock there company’s only happy when they shaft us
BH in The Woodlands are cutting costs. They have not turned on the heat for the production area. Temps have been 45 to below freezing the past few days but no heat. Offices are nice and warm though.
Speak out...we are losing a few every single month and have been for years now...how many are left and whom is doing any of the maintenance? I can't find any updated information in SAP equipment records....IH10 in SAP with equipment records show very... — read more
The Rig Count Collapse Is Far From Over By Julianne Geiger - Nov 08, 2019, 12:21 PM CST The US oil and gas rig count fell again this week, according to Baker Hughes, continuing the downward trend with a drop of 5 rigs for the week, according to... — read more
They even got the name wrong
HALLIBURTON LAYS OFF 178 COLORADO WORKERS MICHAEL MASONOctober 10, 2019 Share Tweet The Texas-based energy company has laid off 178 workers in Grand Junction because of local market conditions. Halliburton wrote a letter about the layoffs to... — read more
How come when we put the clocks back we still have to finish at the same time?
About 95 jobs are at risk at an oil services firm in Aberdeen. This post will deleted as the admin from this page cant handle the state of bhge or Aberdeen. ... bell exd accept that the city is dying... Aker Solutions, which has a base at... — read more
The total oil and gas rig count now stands at 851, or 216 down from this time last year. The total number of active oil rigs in the United States increased by 1 according to the report, reaching 713. The number of active gas rigs decreased by 6 to... — read more
i recently got laid off. for bhge 401K plan, is it better to leave it alone or rollover to a brokerage firm?
That and 64 hours of labor cost from your local AMO hub to pay for the salaries kept for watching KPI's and formulating reports for the sake of reporting.
More layoffs today and tomorrow in Oklahoma City and Pennsylvania
That’s why we have solder right? Instead of crying for new parts every chance you get, put in a bit of elbow grease and weld the darn thing. If you didn’t waste so much money on new parts we probably wouldn’t have had to pay so many people off.
layoffs happening in Houston, TX office. Schertz, TX plant closed down last year, so some people had to relocate to Houston, TX. Now those people are being laid off. 5 people were let go this week. all engineers. more layoffs happening within the... — read more
Wow what a transformation. Awesome news guys other company’s now green with envy.
What happens to it?
Anyone know if they are still laying off in Aberdeen? We heard they had cut the fat and built up a lean rapid response unit.
We are upon tough times again here at HTC....morale is sh– and we are laying off...probably pay / benefit cuts for the remaining staff. What are the options in the North Houston Area?
Anyone know of any layoffs in Texas?? Such as in Houston, Texas or sugar land, Texas .