There is nothing else left for me to do but keep you in my prayers that you will be able to leave the chaos behind and come home for good. God is real.
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Topics regarding layoffs at National Oilwell Varco Inc.
One of the morning shows was showing a list if the worst run companies in the US, NOV was listed as one of the worst run!! Nothing employees didn't already know. NOV is a national joke!!!
Bammel Office is taking away Offshore Techs trucks by the end of Aug 2017. A DE manager took the upgraded bumpers and brush guard from a DE supervisor old truck and he was given a new truck to keep. They also used DE Techs to do all the work. 4 DE... read more
what happened to the n.o.v. plant in Oklahoma city ?
It seems that National Oilwell Varco is gearing for more layoffs... Not sure when, but this makes it pretty clear that the last round achieved what they wanted it to, so I am guessing they will not be shying away from more... read more
NOV feels like it is in a bit of a death spiral. They continue to cut to save money, but can't generate revenue to offset the cuts which makes costs go up which costs them orders which creates more necessity to cut jobs and save money which . . ... read more
This is how you know a scam. A company that is bleeding more than $6 a share in losses over the year, paying out a "dividend" of approximately $20 million dollars in a quarter on a quarterly loss of $62 million. That's like a car crash victim... read more
Cost is much more relevant than number of people. If 10% is a number than it will likely be total cost or payroll cost. So you can lay off quantity 5 $60,000 employees or one manager being grossly overpaid at $300,000. NOV hasn't been very effective... read more
I understand the bitterness and management can and likely is pretty bad, however your predicament has little to do with their performance. Just like most of the textile industry in the US your product is obsolete as made in the USA. It's too cheap to... read more
Analyzing the situation and climate of our industry suggest that indeed there are signs pointing towards more reduction before the summer ends.
I don't know but since the NOV in Conroe changed insurance they suck the CEO must have been thinking out of his ass cause now it cost the employees more and since they don't give raises ever it would probably work out best if they did lay us off at... read more
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.
Any news on creekmont? Just asking for a friend lol.
Any word on the Burkburnett facility? Are they still hiring cause I have thought about applying.
Hey guys we hearing rumours over here regards Elmar?....any info on that?
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.
Has elvis left the building
What plant in Texas is closing & it's production is moved to Pampa Texas?
How many will it effect?
So now that they have closed our facility down in Covington and laid everyone off what going to happen to the SOB's in Houston and the AmClyde and Unit product line????
What happened to 4 big bosses at Creekmont, Paul Pratt, Mani1gram, Kenneth Scott and Eliseo Perez? They got fired last week?
Random drug testing today at the NOV Tower. Appears they are trying to make more cuts without having to do layoffs.
http://www.chroniclelive.co.uk/business/business-news/how-150-jobs-were-saved-13119044 And this is why Gateshead is staying open.
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
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?
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
So what's the latest status? Are there any employees left at NOV actually reading this?
When will it ever end? :( http://www.aftenbladet.no/aenergi/NOV-varsler-ytterligere-nedbemanning-545246b.html
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
Ex-Nat'l Oilwell Varco Execs Accused Of $1M Fraud Scheme Law360, Houston (May 23, 2016, 3:03 PM ET) -- National Oilwell Varco LP accused four fired executives Friday of perpetrating a $1 million scheme whereby the drilling components provider rented... read more
Layoffs started today and are still going on
Just announced Stonehouse to get 5%pay increase in july
Anyone heard about this ?!
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.
Mad bill axes shift but this was a long time coming!!! Forties road Montrose time is close!!