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Topics regarding layoffs at National Oilwell Varco Inc.
401k match
Noob question - how does the 401k match work? I.e. what is the max the company will match? Say my base salary is $42,000 - what is the max on US payroll they will match for contributions. Thanks yall
NOV Tools available in sanctioned countries
Anyone heard about this ?!
5th round of layoff for NOV Norway
When will it ever end? :( http://www.aftenbladet.no/aenergi/NOV-varsler-ytterligere-nedbemanning-545246b.html
Drug testing at NOV Tower
Random drug testing today at the NOV Tower. Appears they are trying to make more cuts without having to do layoffs.
So why is he still here!!????!!
He is way out of touch in the business. So old he should have retired a long time ago. Just staying cause he can. Pull the wool over managements eyes all the time. Claims all the ideas and glory for his self. Time to go old man. An insurance...
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Pay rise
Just announced Stonehouse to get 5%pay increase in july
This is primarily a services and service equipment merger.
Since NOV doesn't derive much revenue in Gas Compressors for instance they won't feel too much of a hit. There is some overlap but it isn't a considerable competitive situation between the companies. Indirectly, it provides another narrative for the...
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Baker Hughes merger with GE Oil & Gas $32 billion deal
EU signs off on Baker Hughes merger with GE Oil & Gas. Any idea how this will affect NOV ? http://fuelfix.com/blog/2017/05/31/eu-signs-off-on-baker-hughes-merger-with-ge-oil-gas/
Gateshead great news
http://www.chroniclelive.co.uk/business/business-news/how-150-jobs-were-saved-13119044 And this is why Gateshead is staying open.
The investors will know that.
Not too much management can do when the entire industry is going through a massive downturn. Actually there is, you cut costs by laying off people and closing facilities. The investors will know that.
How much longer?
How much longer do the investors tolerate the lack of revenue and stomach the string of quarterly losses before Presidents, VP's and C's start losing their jobs?
NOVOS status? NOV are hiring
So what's the status on NOVOS? I see that they are hiring in NOV Norway.
MAD bill Cummings wields axe on shifts!!!!
Mad bill axes shift but this was a long time coming!!! Forties road Montrose time is close!!
More redundancies to come in the UK and Scotland
More redundancies to come in the UK and Scotland. You could be next
Run while u can!
Run from this dead sh--ty rathole while you can. It'll be sold out in small pieces to GE and others & in any case old nov crowd will be got rid of by new owners.
RS Sales Layoffs Coming Soon to NOV Tower
RS Sales Layoffs Coming Soon (June 5th) to NOV Tower... fleet care and capital sales specifically. Turns out we poorly executed it (surprise, surprise) and therefore the customers aren't having it. Move onto the next great idea...
NOV can come back.
I do hope that NOV bounces back and I can get my job back. It is possible and I refuse to be negative about things in general.
First National Oilwell retirement package
What was offered to employees in a retirement package at the start of the down turn in oil prices in late 2015.
Mafia is still there
Today we lost another good guy to all this managment stuff which is detrimental to DDS. Please god wake up and stop this lebo mafia.
Last Month: PARKWOOD
Field service specialist. 3 from Parkwood. Don't know how many FSS. Heard of 1 PLE from the World Houston facility
anymore layoff at ELD & WLY
look like work started to come in. Are they still doing layoff? If so, when?
Greengate
Has elvis left the building
(NOV) today reported a first quarter 2017 net loss of $122 million,
National Oilwell Varco, Inc. (NOV) today reported a first quarter 2017 net loss of $122 million, Revenues for the first quarter of 2017 were $1.74 billion, an increase of three percent compared to the fourth quarter of 2016 Numbers show improvements...
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Memorial Day is the End
Heard from reliable source. End of May is End of Eldridge!!! Complete Plant ShutDown.
Nov Sugar Land
When is Nov Sugar land going to open up again.
NOV BULLIES @ RIG SOLUTIONS
I've been a happy employee here but things are starting to get on top of me..I'm forever getting bullied about my weight and it has to stop, yeah my boiler suit can be used as a parachute but please oh please give it a rest guys x
Good News: Oil Rig Count Keeps Going Up
A few comments from Steven Kopits of Princeton Energy Advisors LLC on Apr 13, 2017: Total US oil rigs were up 11 to 673 US horizontal oil rigs added 11 to 572 The US horizontal oil rig count is now within three weeks of the entire number necessary to...
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Got a raise $$ CEO Clay Williams' 2016 total compensation was $10.6 mln
National Oilwell Varco says CEO Clay Williams' 2016 total compensation was $10.6 million versus $10.1 million in fy 2015 . Must be nice to get a raise why shutting down and doing layoffs...
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Employment verification
Anyone having problems with employment verifications and or getting the run around when HR is called?
RIP merpro
66 people getting paid off 👍🏼
Sweet
more overtime!
Watch out
Emperor Ming and his orcs are busy busy paving the way for more stateside layoffs.. Many machines on Arrakis......... More later
Layoffs at the Breen Facility in Houston today.
I do not know exactly how many. Contact that I have was one of the first, not known how many came after.
Big Layoffs
Sh--, big layoffs are coming in Houston. Not good at all.