Don’t know how much longer we can keep operating like this. I work in sales and have been working from home since the Corona virus started. We’re not selling anything in this market. Don’t know how much longer they can afford to pay us with nothing... — read more
Topics regarding layoffs at National Oilwell Varco Inc.
There are multiple positions available for directors and Vice Presidents in the newly created department named, Fall Guys
401k matching/retirement gone, no raise in years for the working class, dividends cut and the Board gets a raise????
While many are getting laid off this guy raking it in. Amazing the poor leadership we... — read more
Got told today i will be reporting to new iberia office from now on. Will continue to live in houston but only be paid hours and mileage from new iberia office to heliports. F— this place
Lets just keep it to facts and list who or what position got let go.
I hear that Tuboscope is breaking up different business groups and selling them off. Machining services is one of them. Has anyone else heard this?
Somethings up they were getting the dog and pony show
GE is in talks with NOV/GE merger.
If your a service tech that still has a job id start looking for something new
Hello, I am new in the oil and gas field and just a few years out of college. I have always heard that our industry is always up and down but that this seems to be the worse anyone has seen. Realistically, how bad do you think it will get for NOV? ... — read more
Houston oil-field service company National Oilwell Varco plans to stop paying the 5 cent dividend it established in 2016, the company said Wednesday. NOV and numerous companies have cut their budgets and laid off employees as they try to weather... — read more
Not heard much on this place for a while Is anyone still there
So far I have not heard of one upper management person being laid off. It's a joke to see managers, and directors with no direct reports. NOV is so top heavy it's going to flip over..... I am ready to see some of the people that have run this... — read more
There will be no more layoffs for NOV. Restructuring is complete and new management has been set. New policies will be coming out in the next few weeks.
Went by there today to meet with a customer of mine. That place is a graveyard. Is Tuboscope closing down? I’ve never seen that facility that empty. I thought it was one of the stronger groups within NOV.
Are the worst of the layoffs done, or is this just the calm before the storm?
National Oilwell Varco, Inc. (NYSE: NOV) announced today that during its regularly-scheduled meeting, the Board of Directors elected to suspend the Company’s quarterly dividend until further... — read more
We all know what that means. :-(
Where is everyone?
Anyone know anything???
Hey thanks Nov you laid me off finally and now I’m making double what I was making before to sit at home and do nothing so thank you for that sorry to those who are still working making pennies still get out while you can.
Earlier someone said this week there would be layoffs in Tower levels 17 and 18? Were there? What’s going there anyways? What departments?
Some minorities who worked less than three years in NOV gave up the severance and filed lawsuit after they got laid off. Rumor says NOV legal and HR will start to cut people who stay with the company over ten years as they r less likely to give up... — read more
Everyday there is more post about layoffs and change. I work at bammel and none of this is true. We did have layoffs last week. But we were assured we are done with reductions and it is over for us. As far as were concerned its business as usual.
Thanks for mucking up things again U.S.Congress. ... — read more
Since January 1, 2020, how many employees have been laid off? What is the current global headcount? This would give a sense of the companies cost reductions overall.
I think So many people are overreacting to all these open ended posts and the stress is really getting to them. I really Think we should take a few moments to catch our breath and reflect on the good things in our lives. So with that in mind, We ask... — read more
It was mentioned several times on this page that we can expect more layoffs today - has that been confirmed or dismissed as an unsubstantiated rumor? Friday is usually not a layoff day at NOV, but lately, nothing would surprise me considering... — read more
It is so ridiculous to lay off sales people, IT, and other workers but keep all of the VP’s, directors and managers. How many direct reports do they have?? Maybe 1-3 each?? NOV has always been top heavy but now it is worse than ever. How much... — read more