Looking at the inflation + NOV loss + People leaving + other factors… How many %raise is reasonable? How many % raise will make you stay at NOV for another year?

2 more left in the past week, and more leaving. Most departments are already running on skeleton crews and borrowing techs from service and other facilities. What gives. Senior management wont allow us to pay our guys more. Its only a matter of time... —  read more 

I haven't had anything to do in months now. I was trying to find a new job, but so far I haven't found anything that would suit me. I am very worried that I will be cut, although some people feel that there is no need for cuts since many are leaving... —  read more 

Everywhere in the news people are whining about the labor shortage. Does NOV also have a labor shortage issue?

Anyone hanging around here waiting to see if we get a bonus before jumping ship next month? Have a feeling people will be leaving in droves

Any other locations affected by kronos being down? Our have been short hours since December!

That is my prediction. Earnings announced 2/3.

I am disappointed with the decisions made by our leadership and the direction this company is heading. I no longer consider them true leaders because I do not see that they are overly interested in the future of NOV and the employees of this company... —  read more 

I have always wanted to work in this industry. Now I am in a dilemma whether to leave the industry or just this company? I would also like to hear the experiences of those who left O&G.

NOV is middle\upper management heavy & keep adding positions all the while lower management get more responsibilities & no raises when people leave. Finally getting 401k match back and little lump sum (2% of 4th quarter salary = .5% for the year... —  read more 

I recently thought about all the poor decisions that have brought the company into the state it is in now. Purely out of curiosity, what would you say were the worst decisions?

Does anyone know if there will be an ICP bonus payout next month for 2021? Any percentage? I’ve heard they might give some really low BS percent like last year just to prevent some people from leaving. Last year was something around 10% of your... —  read more 

I haven’t been here long but still, the atmosphere is so tense that I think I could very easily be the target of some future layoffs. I’m also a little worried that it might happen soon, but that’s just my feeling, I don’t have any information nor... —  read more 

As a Tubo employee, I have always felt that we are the black sheep of the company. We do inspections for other business groups within the wellbore group. To myself, it feels like some of the more senior employees (especially DHT) see us as the... —  read more 

Most agree that new management is needed. I wonder, hypothetically speaking, what could the new management change for the better? From this perspective, it seems to me that the situation at NOV is irreparable. Years of bad decisions and bad... —  read more 

Final monthly closeout of 2021 on Tuesday. What’s everyone expecting? Got to be another loss

Analysts expect yet another losing quarter. Will things ever turn around for NOV?

worthless POS.

It is only a matter of time before the layoffs happen. I have a few colleagues who openly say they can’t wait to be paid to leave. Isn't it better to choose when to leave the company than for the NOV to decide that for you? I don't know, I hope to... —  read more 

I am thinking of leaving because no matter how hard I try, it is simply impossible for me to make any career progress here. I would like to ask how you managed to grow your career here?

Omicron is worse than many had feared. NOV will get slammed.

Everything about this place is toxic, no exceptions. There's a reason why people are tripping over each other to leave. If you're not looking for a way to leave NOV, you're in the minority.

Trying to contact with valuable info but can’t email - tried contact@layoff.com but not recognised - can anyone assist please with the correct email address for layoff?

As we quickly approach the new year there are two things to consider or ponder for 2022. First, why are the shareholders and/or board members still putting up with this colossal failure of a leadership team causing this company to further dig its... —  read more 

2 more guys left monday good for them. When is mgmt. Goin to realize they leaving due to lack of raises for the past 7 years

From what I am reading, the cons far outweigh the pros. What is your opinion?

I copied and pasted because of truth! The former CEO P started this whole demise! He left this management team in charge prior to him leaving. He turned his back on the people that worked hard for him and he put these Varco guys in charge. Then he... —  read more 

Must need to lay more people off as the Tower has dr-g testing today. Wasting the companies money as usual.

Layoffs on the horizon?

Since I would very much like to do that, because not only do I no longer want to work at NOV but I no longer want such a volatile and unstable job, I am interested in the experiences of those who have successfully changed careers. For now, main... —  read more 

Yes, this is generally an industry with many ups and downs. I like the optimism of those who think that the company will keep going just like it has for the last 50+ years, but my opinion is that more downs and less ups await us in NOV?

Enjoy those pies

There has been the free fall of NOV for almost 10 yrs now. This company is way past the point of no return. The only thing I can think of is that they, “corporate folks”, are just bleeding what they can take for the next boat payment or next... —  read more 

I understand why they lie to us, but why they lie to themselves that everything that is wrong in this company is the fault of the employees, it is not clear to me at all. I don't feel guilty if the sales aren't as big as they planned, they should... —  read more 

Some are already mentioning Greengate. I don’t think so, but I’d love to hear their arguments.

What's your prediction as it relates to the possiblity of National Oilwell Varco layoffs? Any chatter, news or rumors?

The number of managers at NOV is incredible. Pretty much all of them are overpaid. Since they don’t seem to be particularly efficient, the question is do we need all these managers? I try to imagine what NOV would look like with far fewer... —  read more 

It might make sense to get some value out of the existing business, which is going nowhere anytime soon. I suppose the management team needs to be bold and acknowledge that they have taken the company as far as it can go. Unless a new team comes in... —  read more