Headcount discussions taking place. Up or down? What do you think?
Topics regarding layoffs at Halliburton Co.
I fully agree that we've got a serious management issue. It's evident across the board at all levels, you've got individuals manning the helm that do not deserve to do so as they are under qualified, and worst of all undermotivated to do the job at... — read more
The wireline director has mentioned shutting down Carrollton Slickline and Wireline Singapore.
Here is a thought, is it possible that perhaps Halliburton is shedding some of it's less profitable performers and reducing bloated areas of the company? Reductions don't necasarrily mean "Doom and Gloom", and after reading these threads it looks... — read more
All of them are hiring: Baroid | Landmark | Sperry Drilling
Heard that the housing for commuting employees, man camp and hotels for hands not on jobs is being cut soon. It’ll save cash and the folks that quit will create less layoffs needed. Already cutting assigned truck use, locals in a good position, but... — read more
No transfers were offers, all laid off
Smart move to avoid having to pay severance packages, lots of directional hands already put in 2 weeks.
Crews are dropping like a fly. How many crews are left in midland?
Speaking from experience, this will be the time when leadership makes changes. They will shuffle people to different positions. It has been going on for the past three months. Expect changes at the VP level, global level, on down. I guarantee you... — read more
Kilgore is a joke.
So far, the only thing that seems certain is that layoffs will happen sometime in September. When exactly, how many people, which areas will be hit the most...all of that is one big unknown. Frankly, I think I'd be happier knowing if I'm getting... — read more
PNP moving to PE, the waiting game starts. Add the restructuring upstairs and it's and odd. Why have we not 1) spun logging off or 2) just shut it down?
Halliburton has finally made it to the top of the list as the Joke of the oil industry. They pay their workers less than any other service provider and keep taking incentives to stay working with them away. The per diem is a joke also. Workers... — read more
How many crews are left? Any layoff rumors? Cut hours?
But nobody is brave enough to discuss it here
Someone said DMC was changing names or being bought out? What's the deal?
Midcon frac going down to 8 crews in next two weeks.
Heard from a reliable source that HR has been holding hush hush planning meetings to gear up and prepare for mass layoffs in September and into the 4th quarter. I asked who would be affected and was told every PSL, every location
How is everyone taking the news in the permian regarding hours cut and then the new work schedule losing 2 days in a pay period
All of us on the yard have been hearing a lot of talk about more crews and ppl getting laid off. Has anyone else heard anything??
Layoffs expected at Landmark after LIFE. Employees will put on a show for their clients, and then get booted out the door in the weeks following the event.
What's going on ? $17 a share.
About 4 frac crews are being dismantled. Where do you see HAL by the end of this year? Should i put in my two weeks?
All i can say is jan 1 2019 the company will bust into shambles with the maritime regulation. Also Ok was hit hard all HR is gone from a source that heard something
Unlike some currencies whose values are freely dictated by supply and demand, China’s central bank sets a daily target price around which the renminbi, also known as the yuan, can fluctuate. The bank steps in when the price strays too far. For a... — read more
Oil prices plummeted more than 7% on Thursday, with the U.S. benchmark posting its worst day in more than four years, after President Donald Trump said he would impose additional tariffs Chinese imports starting Sept. 1. The drop in Brent crude... — read more
I heard that Icruise was the best thing since sliced bread. It’s going to save HAL. Oh wait, that was just for the earnings call.
Houston oilfield service company Halliburton said it cut 8 percent of its North American workforce as it took fleets of hydraulic fracturing equipment from the field in response to a continued slump in demand for fracking services in the United... — read more
3 more Electronics Techs were laid off this morning. More to come today. Also heard they cut the light duty trucks from PE in half just to get guys to quit.
Anyone knows how to volunteer for retrenchment?? Wanna out my name in the bucket and leave....
Halliburton closed the most recent trading day at $23.75, moving -0.42% from the previous trading session. This change lagged the S&P 500's 0.46% gain on the day. At the same time, the Dow added 0.9%, and the tech-heavy Nasdaq gained 0.59%. Coming... — read more
wow that’s some serious money, oh well, you know what they say about a fool and his money
Any news about El Reno? Heard they were shutting down completely soon.
NAL to reduce frac and support in third quarter. Layoffs of front line frac and support employees is to continue as a direct result of the dreadful mismanagement of the company. Investor confidence is still declining and the only tool the nitt whits... — read more