National Oilwell Varco Inc. Layoffs

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Topics regarding layoffs at National Oilwell Varco Inc.

NOV Covington shutting down friday july 14, 2017

Top notch, quality people, loosing their jobs because the not so smart managment team in Houston refused to listen. Donkeys in suits making decisions not because they know better, but because they purchased their degrees in a vending machine.

Oil sinking like a Lead Balloon

With Oil dropping like a rock. HR is going ahead with its last Hail Mary. More like a punt and so it seems next week is booked for conferences. It's one more cut at Eldridge. So I heard from very reliable people

Is things picking up

in general are things picking up orders getting placed etc? I read a few month ago that 2019 will be business as usual with a $100 barrel, I guess work will be begin now in order to ready the rigs for drilling in 2019 Anyone seeing this yet?

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

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... read more

Pay rise

Just announced Stonehouse to get 5%pay increase in july

Gateshead great news 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?

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.

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


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... read more

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