Explain that to EOG and Pioneer Natural Resources.
How is that working out for you DC??? More folks from north of the boarder that have absolutely no clue on how we do business in the US. That gurgling noise you hear is the company circling the drain. Investors should be asking what the plan going... — read more
Back in the National Supply days, this company had a lot of value. Today, they bring very little to the table. They don’t bring knowledge, the SAP technology is ancient, they can only deliver parts. They will be out of business in a decade. — read more
2nd quarter investor call David A. Cherechinsky: "We are moving towards a more "centralized" model..." = more layoffs.
Looks like they have completely gutted their sales and marketing groups. I hope there is a strategy here and not just mindless cost cutting because they have jettisoned their most experienced and loyal employees. Investors need to be asking what... — read more
They started gutting the sales team in February 2021. 30+ gone in one day. Word is being told “terminated without cause”. Things are tough in energy, don’t expect this is the end. Who is next.
3rd quarter 2020 layoffs at DNOW lost a lot of the company's long term, most experienced and knowledgeable employees. If you are into mindless digital bot service with -0- human interaction... (the company's new direction) this is the place for... — read more
what is the deal with the CEO being fired?
How's that MRC global ting going on?
Dnow to lose CRC pump contract
There was a meeting in Houston last Wednesday with the heads of now/mrc. A good friend of mine was the tech running the power point. When they remote set up the system they left the call line open. He heard eveything. I guess q3 this year they plan... — read more
Dnow is set to close a store in wv, at least two more in Pa on top of the one they closed already and 2 in ohio. I've heard talk of all store in ky and Michigan getting closed as well. They keep firing and denoting but only the losers are still... — read more
I understand things are bad in the industry. Dnow/wilson (I say wilson cause that's what they think like) has no clue how to manage a shop or region. The keep kiss asses and drama queens while the good people take the blame. It was a good job at... — read more
My respect for DNOW leadership is going up. Times are tough all around and we are losing money. People are losing their jobs however leadership seems to not be panicking and doing their best to guide us through the challenge. On the investors... — read more
More layoffs in Edmonton yesterday including some very long term employees. Hope we hit bottom soon
It's amazing how many brand new $40,000 pickup trucks these managers need as well. They just brought in 2 new managers to add to all the managers they all ready had and laid off a sales person and two warehouse men. Who is going to do all the work... — read more
Some pretty disgruntled rants on here https://www.thelayoff.com/national-oilwell-varco
I'd say it is a toss up. Both seem to be struggling right now. I know part of it is the general economy but leadership must also play a role. Any thoughts/