Headcount reductions at Halliburton earlier in 2019 were driven by the realities of the energy market in which the company has to operate right now, according to one of Halliburton’s top executives. The Houston-based oil field services giant shed... — read more
Topics regarding layoffs at Halliburton Co.
This is a master thread about Halliburton Layoffs 2020? Any news or rumors?
Texas energy companies are cutting their workforces amid sluggish growth in the sector, according to jobs data from the Texas Workforce Commission released Friday. In the state, mining and logging, the sector dominated by the oil and gas industry... — read more
Anyone heard anything new/recent on DMC? November 21st? December 4th? 🤷♂️
Any news with El Reno? The schedule looks like we are hitting 2 crews this month fracking, and the managers are still running around in the same possitions.
Many involved in Rock Springs layoffs have not received promised severance pay nearly a month later. Severance was an insult to begin with.
Is Icruise all it’s supposed to be? Y’all advertise the c-ap out of that tool yet old HAL is still bottom quarter in Permian. Just sayin.
Get ready to feel the effects of the San Antonio hostile takeover!!!!!
About 2.2 million horsepower, or roughly 10% of industry capacity, already has been earmarked for the sc-ap heap, according to Scott Gruber, an analyst at Citigroup Inc. In addition to Patterson and RPC, Gruber said industry titans Schlumberger... — read more
The calm before the storm is here...... best of luck surviving next week.
The Monday, following the friday in which the CEO, and oklahoma governor speak at DMC, layoffs will begin. Goodluck everybody.
Is Casper next on the chopping block?
Anyone know what’s going on in Kilgore?
Is there any downside to volunteering for being laid off? Will you lose your severance or the ability for the state to pay for school? Risk of losing unemployment?
2 weeks boys!
Duncan manufacturing closing doors? That’s the new rumor! Jeff Miller is an id–t or he’s intentionally trying to k–l Halliburton.
Citigroup – Analyst Got it. And then on the $300 million of cost savings, obviously, you'll get a bit in 4Q. Could you just provide a bit more color on how that phases in over the next few quarters and whether there is any offset in terms of... — read more
JP Morgan – Analyst Got it. Thank you for that. And then maybe on the D&E margin ramp, some moving pieces there too. In the third quarter, top line fell, but margins expanded. So you got North America, it's challenging on the top line, but you're... — read more
(Reuters) - Halliburton Co on Monday promised more cost cuts after reporting a bigger-than-expected drop in quarterly revenue as the oilfield services looks to counter weak demand from North American shale producers, sending its shares up about 7%.
Halliburton reported third-quarter earnings on Monday morning that met analyst expectations. Revenue, however, came in weak and the stock was falling in premarket trading, down more than 1% ahead of the company’s 9 a.m. ET conference call. The... — read more
Anyone that was laid off around the nation expecting a child to be born soon and informed management that they were going to be taking parental bonding leave get laid off? Was just wondering how many people this happened to and if maybe it had... — read more
Amazon bought Halliburton Bellaire's office for dirt cheap?
I heard it was not pretty.
Any word out of El Reno today (10/16/19)? Heard more layoffs happening there. How will they do business when the new money from the drillers becimes available in Januarty? Who's getting the axe? Who's staying on? What's the long term plan?
Anyone know of any cuts coming to the Gulf of Mexico Sperry shop? Had a massive restructure like 4 months ago when they cut last time.
Any lay-off news for Williston????
Everyone needs to take comfort in knowing that your ceo received 9.6 million in bonuses this year on top of the 1.4 million he collects in salary and about an additional 5million in “Other rewards and compensation”!! Don’t know why y’all are mad or... — read more
MC-14 that is operating in Utah. Was told that after you guys finish the pad you are on, you guys will be offered Heavy Haul positions out of Ft. Lupton or a lay off. Good luck with this info and do what you must!!
It's happening tomorrow. The HR k–l team will be there 15 October. Wireline and frac are being pushed out. Maintenance and cement will probably see heavy cuts, too.
With all these cuts where's my bonus?
Been out of the loop for a while, just wondering if you guys were hit with the latest round of layoffs also?
Ever since David Lesar was force to retire the company has gone to hell! Over paid pencil pushers more concerned about their pay instead of looking out for the people in the field that DO the work to make the company profitable! HR in the norther... — read more
Morale is horrible, any news on when layoffs will be?
Judging by the number of locations that people are saying were affected, I’d say the number of laid off people is much bigger than the company cares to admit. Approximately how many people were affected by this wave of layoff, realistically, and... — read more
Houston - North Belt Technology Center. Just heard you are the the target on Monday. Sperry and Wireline. Middle managers be warned!