So I’ve been hearing a lot lately that given our current economic circumstances, layoffs are coming our way. And SOON. Any truth to this and if so, then when exactly?

How come the A-holes end up in the top? Ain't that against the law of science? They even took the power away from HR, Compliance and HSE who are supposed to work for NOV and for the welfare of employees, not wiping off the A-Holes. Them executives... —  read more 

Next few weeks are going to be really bad, all across the company. Prayers for everyone. This ship is sinking fast.

Not to worry our IT dept. has given the virus a more acceptable likeness.... It now looks like an everlasting gobstopper from Willy Wonka...

Out of curiosity how many UK sites have shut down as per the PM’s speech and how many remain open?

My facility was giving paper work yesterday to state that we are essential workers. Just curious if stopped. If this whole thing gets that bad. Will any law enforcement acknowledge that letter. It’s typed up by NOV management. Figured we would have... —  read more 

Essential definition- disposable. Replaceable. Don’t care if we catch it! Hazard pay? Yes

If Harris Co and City of Houston make an “stay at home” order today. Will all NOV shop thru out Houston will be shut down or we still up and running?

Why aren't we making ventilators and masks? All bs from this site aside, WE ARE NOV. WE DO BIG THINGS. OUR PRODUCTS ARE ON FREAKING LAUNCH SITES, IN ULTRA DEEP WATER, AND WE CAN REMOTE MONITOR ANYTHING ANYWHERE....... WHY ARENT WE IN THIS FIGHT?... —  read more 

Are the plants located in shutdown states still working? Considered essential? If they are shutdown are the workers being paid?

for bringing down the stock to numbers we had not seen since 2003, or lets say before National saved you. We can blame it on the coronavirus and the oil/gas price wars but lets be honest there has been a disease (lets call it the VarcoVirus) at... —  read more 

In this "new" economy, a good management team would understand they do not need a Chief Technology Officer, a Chief Sales Officer or any other form of Segment or Corporate dead weight. If they are not putting dollars by way of revenue or savings... —  read more 

Any thoughts or rumors of the facilities closing temporarily closing due to corona?

5 workers (no admin staff) laid off at the NOV Duncan Oklahoma NOV Hydra Rig plant a few days ago. Every plant in the U.S. should prepare to see numerous layoffs in the coming week is my gut feeling. I’m guessing we will start to see a more rapid... —  read more 

Not sure that grouping people so close together in the midst of a global pandemic was the smartest thing to do for a multi billion dollar company? But hey, we have to be safe out there when we’re lifting heavy sh– and eye safety is important too! If... —  read more 

Are the proposed cuts to benefits in the UK a step too far?

Just a few more days and NOV will be a penny stock!! I bet the "C" level fools are running around asking each other what they should do!!!

Estimates?

https://www.npr.org/2020/03/08/813439501/saudi-arabia-stuns-world-with-massive-discount-in-oil-sold-to-asia-europe-and-u- https://www.chron.com/business/energy/article/Oil-in-Freefall-After-Saudis-Slash-Prices-in-15115465.php?cmpid=ffcp

https://www.merriam-webster.com/dictionary/bottom-feeder This definition must be revised, considering corporate culture. Bosses feeding bottom level experts to boost themselves off to higher pay grade and bonuses while slaving the hardworkers.

Comment in this thread - it'll be the main thread.

The golf carts are a wasted expense and an easy way for blowing time. The damn things need to go away. Then we can avoid golf cart safety meetings. Especially for us guys who hold CDLs. So stupid telling me how to drive a golf cart when ive given... —  read more 

Now that Mall Cop has his people in place you can see why Rig is a mess. The guy is horrible at Sales so you think he would at least put people that do know...but nah. North America continues to lose orders to competitors. The folks there really... —  read more 

Just heard on the grapevine that gateshead is closing & everything is moving to manchester.

After laying off most of the manufactuting personnel and offloading the raw materials and cutters from the Stonehouse facility, some id–t in senior management now wants Stonehouse to make 20 drill bits to 'assist' Conroe :-)

Out of curiosity and following on from the ‘lack of annual raise’ post, please like or comment if you are actively looking for a new job outside of NOV

When do we get notified about our annual raise due to cost of living (inflation)? Is it like 3 to 5% like other places?

Just checking in

https://www.forbes.com/sites/lizryan/2017/03/01/ten-signs-your-boss-sees-you-as-a-threat/#346607967607

Seems like Rig is getting theirs.

Another year with no profits...Congrats to this outstanding team. lol https://www.chron.com/business/energy/article/NOV-finishes-year-of-losses-6-1-billion-in-the-15036684.php

An Oklahoma jury finds National Oilwell Varco 10% responsible for a January 2018 explosion and fire that k–led five men, ordering the company to pay $1M each to two of their estates.

I’ll give the difference of my raise that I’ve gotten this year....oh wait.

Elf arrives again............ never good news Basically everyone gone!!! What a way to treat people!!! 😡

Any news on bonuses?

How many people work at the company? How about the headquarters at Houston?

The Layoffs started for Tuboscope. Sheldon Road will be under fire in the next couple of weeks. GOOD LUCK TO ALL

How often in the Tower do see certain people and wonder ‘What do you do all day?!’ Particularly certain departments