Thread regarding National Oilwell Varco Inc. layoffs

Downhole

What is happening, heard they lost their President end of last year. They merging it with another business?

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Post ID: @OP+1rvllInl

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@7afo+1rvllInl

That’s true. The change from a sales model to rental model appears to have largely dropped Tolteqs previous customer base. And right about the RSS tool as well. But I think no try if these things happened with the product line VP, not the guy who’s been running DDT since then.

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Post ID: @pssx+1rvllInl

is that the business that bought the worthless RSS tool, that can not hold the degree 90% of the other tools? Also the one that bought a Drift company, just to have the Operations footprint yet closed over 50% of the locations? The Tolteq tool was the only good investment

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Post ID: @7afo+1rvllInl

They upgraded and brought in the DDT business.

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Post ID: @4aah+1rvllInl

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