Confirmed... seen quite a few escorted out by security this week.
Topics regarding layoffs at Halliburton Co.
Was it shut down this week?
Anybody hear of layoffs coming to CMT and Casing tech?
A number of employees and managers were let go. Some projects were deprecated, too.
Layoffs are happening across the board. Mark Richard wants 10% cut. Happening mid-March.
I wonder if they will set up Jersey barriers and have city cops blocking employee parking like last time
U.S. President Donald Trump resumed his attacks on OPEC, saying the world is too fragile to handle a price hike and urging the cartel to “relax and take it easy.” Trump’s war of words with the Organization of Petroleum Exporting Countries punctuated... read more
Budgets have been cut accross the board for technology and the consensus is that they are over capitalized in labor. Headcount reduction talks in progress as we speak. I am in the room now. Be warned, especially WLP
Thinking back, I do not regret leaving Halliburton . The current technology manager plus the team leads are clueless about what they’re doing. Other than giving useful feedback, they say oh go email this tech advisors in Carrollton, and oh what does... read more
Global oil supply to swamp demand in 2019 despite output cuts - IEA. - The global oil market will struggle this year to absorb fast-growing crude supply from outside OPEC, even with the group's production cuts and U.S. sanctions on Venezuela and... read more
Kinda funny how fast the disparaging post about corrupt HR got removed
Halliburton Company HAL has lost 32.5% in the past year and the struggle is likely to continue as crude volatility has created an uncertainty for oilfield service businesses. The one-year pricing chart shows that Halliburton has underperformed the... read more
HAL - well, not so much so.
Been here more years than most....missing the good old days.....they start moving all the pgls and a lay-off is coming.....sad they gonna spend all that money putting lipstick on a pig for that 100 year mark but give us the boot at the same... read more
I heard on the qtrly call Haliburton won some Artificial Lift contracts in Middle East and Latin America. What did they win and are they looking for hiring subject matter experts?
The world’s biggest oilfield service companies are feeling the U.S. fracking slowdown as shale producers slash spending forecasts. But Halliburton Co. may be bearing the brunt of the pain while arch-rival Schlumberger Ltd. benefits from its bigger... read more
2009 vs 2019... How much have you changed?
Wall Street expects a year-over-year decline in earnings on lower revenues when Halliburton (HAL) reports results for the quarter ended December 2018. While this widely-known consensus outlook is important in gauging the company's earnings picture, a... read more
Anyone else hear of this?
They are preparing to start cold stacking equipment in Duncan again.
Heard Weeter talking the other day...said he was getting his list ready.
What's the deal with big red in Canada (East and West)? Still paying the bills up there?
Houston-based Halliburton Co. announced Jan. 2 that its latest leadership succession is complete. Dave Lesar retired from the executive chairman role on Dec. 31, and Halliburton President and CEO Jeff Miller added the chairman of the board title Jan... read more
Been really slow in the Alvarado shop lately. Anyone hear anything about closing down?
I retired (quit) in January 2017. Any of you poor s---ers miss me?
How long can Geffro Miller keep his job with the stock underperforming all year? I suspect our CFO was thrown under the bus to shield Jeff. Is the rodeo clown’s play book running out? Who replaces?
We’ve lost count of how many times insiders have accumulated shares in a company that goes on to improve markedly. The flip side of that is that there are more than a few examples of insiders dumping stock prior to a period of weak performance. So... read more
It's time again for more people to go down the road as losing lots of work with out dated equipment & lack of leaders
Halliburton Employees’ Federal Credit Union was chartered in 1960 as Duncan industrial Services Credit Union, with the sole focus of meeting the financial needs of Halliburton and other oilfield and industrial employees in Duncan. The name changed in... read more
Walked into work like any other day today (Beltway) and was told to pound sand. Let go and walked out by security. Have been at Hal for 7 years now....made the cuts during 2014-15. Have gotten decent performance reviews and everything. Wonder if it's... read more
How many people are planning to leave once things are better in oil patch?
DUNCAN, OKLA . – Jan. 28, 2014 Opal Wilson has made her mark on Halliburton history. She has worked for the company for 60 of its 95-year existence and was recognized by colleagues and company executives as Halliburton’s longest-serving employee... read more
Has anyone heard if layoffs for mechanics has started yet?
Anyone else hear of Q1 layoffs for Houston area Technology teams? I noticed the stock fell below 30 today and figured this would fuel cost pressure.
Layoffs are starting in Duncan, OK.
As the Thanksgiving holiday weekend draws to a close, President Donald Trump took a moment Sunday on his Twitter feed to humbly thank someone he believes is owed a debt of gratitude: himself. Specifically, the president thanked himself for the... read more