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.
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Topics regarding layoffs at National Oilwell Varco Inc.
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
So what's the latest status? Are there any employees left at NOV actually reading this?
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?
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
Anyone heard about this ?!
When will it ever end? :( http://www.aftenbladet.no/aenergi/NOV-varsler-ytterligere-nedbemanning-545246b.html
Random drug testing today at the NOV Tower. Appears they are trying to make more cuts without having to do layoffs.
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
Just announced Stonehouse to get 5%pay increase in july
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... read more
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/
http://www.chroniclelive.co.uk/business/business-news/how-150-jobs-were-saved-13119044 And this is why Gateshead is staying open.
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 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?
So what's the status on NOVOS? I see that they are hiring in NOV Norway.
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. You could be next
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 (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...
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.
What was offered to employees in a retirement package at the start of the down turn in oil prices in late 2015.
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.
Field service specialist. 3 from Parkwood. Don't know how many FSS. Heard of 1 PLE from the World Houston facility
look like work started to come in. Are they still doing layoff? If so, when?
Has elvis left the building
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... read more
Heard from reliable source. End of May is End of Eldridge!!! Complete Plant ShutDown.
When is Nov Sugar land going to open up again.
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
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
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... read more
Anyone having problems with employment verifications and or getting the run around when HR is called?
66 people getting paid off 👍🏼