National Oilwell Varco Inc. Layoffs

Topics regarding layoffs at National Oilwell Varco Inc.

Why you shall seek a job elsewhere

NOV never valued hardwork, knowledge, quality experience, loyalty to the company, meanwhile claiming otherwise to attract talent from outside world. From what I've learned from those who quit NOV, their lives have been better, and they are not coming... —  read more 

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| 342 views | |
Post ID: @112vGGWI

Frazier

Why is the D.O.D.D still here? The slavery, the disrespect, the poor management is driving this place to the ground.

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| 402 views | |
Post ID: @112BCDdk

TGIF

Its been a long week, no layoffs here at the tower, thank goodness. We the employees sure could use one of those awesome kickball military chants from gossip-cop to get us motivated and end the week. lol

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| 2002 views | |
Post ID: @10U540uX

Norway

Heard RIG has announced in Norway.

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Post ID: @10MP8rqE

Holiday

How many will be laid off next week to avoid Holiday pay?

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| 1349 views | |
Post ID: @10G3Yjqa

You'll Be Better Off

Back in 2013 or so, when NOV purchased our facility (and closed it 2 years later), an "executive" came to visit our facility - he was about 12 years old or so :). At that time, oil was selling for about $140 a barrel & things were good for NOV. I... —  read more 

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| 1606 views | |
Post ID: @10EDJJ7S

The way to the top is being a material manager in Rig

Hard work and knowledge are not merited and just being a material manager gets you to the top in Rig. Funny how those that follow in the VPs footsteps get rewarded and the persons with the knowledge get left behind!!!

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| 1200 views | |
Post ID: @10EHp8Nc

IT Personnel Cut

They laid off our IT person today at facility in Oklahoma. I guess since all the VERP have processed other cuts were bound to follow.

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| 1912 views | |
Post ID: @10yZjvBG

Holiday and Vacation time

Is it normal for Holiday and Vacation time to not accrue towards overtime? I was just wondering if similar locations got the same change.

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| 885 views | |
Post ID: @10ysjkWn

Almost $20 well done guys ... you s---

Boys n girls we are doing real fine, our headcount has dropped 50%, our OP has been changed to EBITDA and EBITDA is going up but real OP is going down Our restructures have failed and everyday we go back to the architecture that went before. NOV... —  read more 

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| 1803 views | |
Post ID: @10snzbZj

700 Conroe Park

Any news for the screens manufacturing facility in Conroe?

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| 973 views | |
Post ID: @10rpIxxQ

Nov brandt

Office staff has been let go so far.

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| 2288 views | |
Post ID: @10jStHQZ

Closure or divestiture

Draw your own conclusions: https://www.bizjournals.com/houston/news/2019/07/30/nov-expands-cost-reduction-efforts-could-make.html “We are also currently reviewing certain products or businesses that are not earning an acceptable return for... —  read more 

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| 2021 views | |
Post ID: @10jLUq98

What’s the word

4 billion in losses and was told lists have been sent with names to be cut? Anyone know anything

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| 2240 views | |
Post ID: @10iVvZ6m

Have there been any layoffs already?

People keep saying some employees have already been laid off in the past several days, is that true? All I've heard about are voluntary early retirements being offered, nothing about cuts happening already. Is this true? Have layoffs at NOV... —  read more 

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| 1761 views | |
Post ID: @10iRuakS

Dude.....take the package!

To all the people still weighing their options about taking or not taking the VERP....TAKE IT! Stop thinking you are safe and stop thinking this incompetent leadership team will turn it around. Not gonna happen anytime soon. Just listen to the call... —  read more 

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| 1942 views | |
Post ID: @10hxsL4Q

Houston Chronicle

Anyone see the article blaming the oil slump for us being slow right now? Hahah what a joke. No it’s cause their are a bunch of id–ts forcing equipment that don’t work down customers throats.

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| 696 views | |
Post ID: @10hmJVJr

Don't wait too long to make the right decisions

NOV has a lot of great people working for it. It also has a lot of people that are coasting along or that are not capable of performing in their current positions. Managers don't take action to remove these ineffective people because it is very... —  read more 

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| 1222 views | |
Post ID: @10fLQx2k

NOV reportedly cutting jobs

See below article for more details: https://finance.yahoo.com/m/9c704372-c27a-3d4c-bff9-a1bc75c5c9e1/national-oilwell-varco.html?ana=yahoo&yptr=yahoo

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| 2093 views | |
Post ID: @10dXFQPR

Article in Edmonton Newspaper Today

Is this Edmonton specific or global? https://edmontonjournal.com/pmn/business-pmn/oilfield-service-firm-national-oilwell-trims-staff-amid-industry-slump/wcm/b7892830-9e8d-49b8-ad68-a4bf879c9bdf

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| 1414 views | |
Post ID: @10cCjvzx

Layoffs

Are layoffs going to happen at tower?

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| 2254 views | |
Post ID: @105YlSYZ

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