Is this Edmonton specific or global?
https://edmontonjournal.com/pmn/business-pmn/oilfield-service-firm-national-oilwell-trims-staff-amid-industry-slump/wcm/b7892830-9e8d-49b8-ad68-a4bf879c9bdf
5 replies (most recent on top)
GHD never amke equipment on time ? Do they ... Last time when it was about to close they chased us until every quote was assessed then they got the 1 -2 million worth of orders from an US customer, and thats when they decide to go back to being their best ! LATE ! Again
They should start by getting rid of the "NOV Spokesman" and his useless Ohio boy toy. What a waste of money. But then again, Varco will always keep the worse performers and get rid of the good. If I didn't have it made here by totaling taking advantage of "expenses" I would be gone also but who can go golfing all morning, have a lunch at Perry's and then jump on a plane and fly first class to London and have discussion about non NOV BS....ERRRRRR never mind our CMO does that all the time.
See this article:
https://www.bizjournals.com/houston/news/2019/07/24/national-oilwell-varco-reportedly-cutting-jobs.html?ana=yahoo&yptr=yahoo
Gateshead UK got hit with 10% reduction yesterday, the powers that be wanted it shut 3 years ago and I bet it will be closed within 12 months. Rumour is that all the workload will be moved to Aberdeen and Houston or it will be left to wither and die.
It is org wide. Reuters article