Hello all, These are strange times, unfortunately with all the bad publicity & customer aversion to companies promoting controversial positions on social issues, my contract to be your bingo host has been discontinued. I really enjoyed dressing up... — read more
Any news on potential March layoffs?
Any guesses on how many will leave after the bonus payout?
Decision making in c-suite and board is pretty simple Just train an AI on their decisions and bo-m now you have degenerative AI management. It was so successful in selecting who to cut in the latest RIF, no reason to believe it wouldn’t be just as... — read more
Can I volunteer for redundancy even if I am not at risk?
Anyone understand the logic of this? There have been many roles terminated that are now being replaced with a slightly different job description. So the company paid severance and separation pay to end up re-hiring many of the same people, adding... — read more
Dear peasants, I am a not a happy with a some of the a comments on a here a. I am a the leader and I must tell you what to a do a. Most importanta is a the CASH. I only made $12 million dollar last a year a which is a not an acceptable and I cannot... — read more
Laid off a bunch of people in Massachusetts last week. Moving the jobs to sites in Europe because it’s cheaper. They can get 3 people for the price of 1. Expecting more next year once they’re trained up.
CEO says reduce duplication and cut costs. So change company name to Baker Hugs- why duplicate H and E?
We are about to hit unreal margins. In a deft strategic move, we are abandoning the solutions concept. We are integrating the integrated with a 3:1ontop of 3:1 making a 9:1 planned efficiency gain. MCB is merging solutions segments into a new org... — read more
It is pretty clear that now is just a matter of time. By the time they will figure out they have created a huge problem by laying off on such a large scale without any good reason nor criteria, it will already be too late. How long do you think... — read more
So maybe a little more this month right? Who is going to stick around to figure out how to pick up the pieces?
A communication will be coming out soon. All employees will have to be in the office five days a week.
Has anyone reviewed the form letter with a lawyer yet or talked about a class action suit for the outright age discrimination in this round of layoffs?
Unfortunately that is what is happening to the company! Ageism at its best and F¥€k head selfish leadership with LS,MB and the HR head MK all together driving once a great company down to the dogs! They have destroyed lives and families not valuing... — read more
As far as people on working on the floor? Saw a lot of mid level management and engineers get laid off but nobody on the floor in drill bits
Bloodbath coming it looks to be experienced people so read that as old and expensive. This is ageism at its finest. If you get a meeting invite beware!
Have a bad feeling about tomorrow. Any news on layoffs for ALS? Will the loom around until June?
Does anyone have any official news sources on how many people have been laid off? The media seems to not report it.
Anyone know how the packages/ payouts (if any) are for those who have been laid off?
Yes…YES…keep making these id--tic cuts!!!! Can’t wait to see how this is sold to our customers. Hopefully the captain goes down with the ship.
You had to know better than that! Complaining to top leadership that "the organization weigh us down" translates easily in a couple of changes in top level org charts and a few thousands layoff. The equation is x% layoff equals to x% more efficiency... — read more
Plans are in place for wireline this week. For a reorg that was spoken of in the townhall meetings as executive based sure seems to be impacting the lower ranks right down to manufacturing. Took out are team lead with no plans for lost experience…... — read more
Does the champagne at the annual meeting taste a little sweeter when heads are rolling in Houston?
At least I don’t have to worry about blow outs anymore. Hopefully I can find work on a wind or solar farm, maybe a hemp one at this point.
Talks of another 5% possibly more to go in Aberdeen next few months.
Cuts came out of nowhere. Tons of technical people, engineers with 10-20 years experience. Not new hires or old heads nearing retirement. Meat an potatoes technical people let go with no plans in place to deal with the work or expertise gaps. ... — read more
Last time BH restructured on this scale, it was an alignment for a potential buyer. Any thoughts on this?
Would be interested in hearing good news regarding Baker, rather than all the negativity. Do we have any in the pipeline ?
The greed that has came to the top tier of individuals for monetary gain if continued will destroy the hard work and dedication provided by many that these people couldn’t name one of the pioneers out of thousands that enabled the company to expand... — read more
Once again BH starts on the layoffs of what is rumoured to be 2000 people worldwide. When will the leaders of this company be replaced with people with ideas that think the only way to profit is cutting personnel. BH management have allowed... — read more
It would be compassionate, if each of the speakers could speak from the heart instead of reading a script! Why can’t we deliver to our customers? Is it the policies of our execs?
If not, why not ?
What will be annoucend on Tuesday??
Are we supporting your business units and functions? How may we do better? Why do we keep losing people? Why can’t we pay enough to attract experience? Why does my pinky stinky? Are you running your race? Are you prepared for your touch point? — read more
Will there be any Baker Hughes layoffs? Any chatter, news or rumors?
When will they continue?