National Oilwell Varco Inc. Layoffs

New FCPA violation scandle is coming up soon. NOV stock will be hitting the bottom. wait and see

National Oilwell Varco Layoffs 2018

Do not wait for things to turn out bad for anyone especially yourself- leave now if you are working in Houston.

Was there another layoff at orange today?

Is it true NOV were paying 10% commission to agents in Russia for years? wonder who was giving the approval for such amounts

NOV Automation - It's coming and there will jobs lost

Not sure if you can see the full article, but here is the coverage on what NOV expects as it relates to automation and how it will streamline processes and cut costs. Every time executives start talking about 'automation' you should read it as 'job... read more

Major Announcement on Friday

Orange to reveal Major Announcement. No details yet.

Scotland Bans all Fracking

Game over

How’s everybody doing at Orange ??

Greengate

What will happen if bilko gets sacked for employing his mates and spending tens of thousands of pounds on agency workers that have mostly been on training

Greengate, Manchester..

Another BILKO's bum chum has got a managers job. As if we haven't got enough clueless managers. Too many chiefs. What a joke. Wonder why NOV Is dire straits. Come on shiny pants get it sorted..

https://www.bizjournals.com/houston/news/2017/08/24/pete-miller-to-retire-from-nov-spinoff.html

roamers are that NOV are chasing agents in the middle east and far east mainly china for major FCPA violations. That can be a real can of warms

What to think of rehiring?

We are rehiring and the division boss is showing our numbers are exceeding expectations but still don't want to give us a raise. I don't have a major in business and i do understand that our offshore market is still not recovered but why are we... read more

Why Millennials are Snubbing Jobs in the Oil Industry

"Millennials' conception of the oil industry means that it may struggle to find workers — and customers — in the future. McKinsey found that 14% of millennials say they would not want to work in the oil and gas industry because of its negative image... read more

Goodbye Houston and NOV

Well I have been following this board to see if NOV will / was recovering from the oil crash. It was in my mind that maybe I would like to reapply and move to Houston in the future. Those thoughts can be put to rest now. I would never in a million... read more

Wash away the stupidity!

I hope nobody gets hurt, buy maybe all the rain will wash away all of the stupid decisions corporate makes!!!

Happy Friday

I just realized the truck is drilling the land well on our laptop lock screens, not the rig! Nice one marketing

NOV management makes the Tv.

One of the morning shows was showing a list if the worst run companies in the US, NOV was listed as one of the worst run!! Nothing employees didn't already know. NOV is a national joke!!!

National Oilwell Varco Declares Regular Quarterly Dividend

This is how you know a scam. A company that is bleeding more than $6 a share in losses over the year, paying out a "dividend" of approximately $20 million dollars in a quarter on a quarterly loss of $62 million. That's like a car crash victim... read more

Cost vs number of people in layoffs

Cost is much more relevant than number of people. If 10% is a number than it will likely be total cost or payroll cost. So you can lay off quantity 5 $60,000 employees or one manager being grossly overpaid at $300,000. NOV hasn't been very effective... read more

One more cut before the end of summer?

Analyzing the situation and climate of our industry suggest that indeed there are signs pointing towards more reduction before the summer ends.

How's Gateshead plant doing now any good news

Burkburnett facility

Any word on the Burkburnett facility? Are they still hiring cause I have thought about applying.

NOV is taking away Offshore Trucks

Bammel Office is taking away Offshore Techs trucks by the end of Aug 2017. A DE manager took the upgraded bumpers and brush guard from a DE supervisor old truck and he was given a new truck to keep. They also used DE Techs to do all the work. 4 DE... read more

Creekmont

Any news on creekmont? Just asking for a friend lol.

Elmar/Aberdeen

Hey guys we hearing rumours over here regards Elmar?....any info on that?

More cuts will acheive nothing at National Oilwell Varco

NOV feels like it is in a bit of a death spiral. They continue to cut to save money, but can't generate revenue to offset the cuts which makes costs go up which costs them orders which creates more necessity to cut jobs and save money which . . ... read more

More layoffs incoming?

It seems that National Oilwell Varco is gearing for more layoffs... Not sure when, but this makes it pretty clear that the last round achieved what they wanted it to, so I am guessing they will not be shying away from more... read more

Beware 7/27 it hits the fan!!

How many will it effect?

question

what happened to the n.o.v. plant in Oklahoma city ?

NOV Lifting & Handling Group

So now that they have closed our facility down in Covington and laid everyone off what going to happen to the SOB's in Houston and the AmClyde and Unit product line????

Orange just posted 3 new positions did people quit. or his work picking up ?

Another Texas plant closing?

What plant in Texas is closing & it's production is moved to Pampa Texas?

Sad but true

I understand the bitterness and management can and likely is pretty bad, however your predicament has little to do with their performance. Just like most of the textile industry in the US your product is obsolete as made in the USA. It's too cheap to... read more

National Oilwell Varco Inc. Layoffs

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