Thread regarding National Oilwell Varco Inc. layoffs

National Oilwell Varco Announced Suspension of Quarterly Dividend

National Oilwell Varco, Inc. (NYSE: NOV) announced today that during its regularly-scheduled meeting, the Board of Directors elected to suspend the Company’s quarterly dividend until further notice.
https://finance.yahoo.com/news/national-oilwell-varco-announced-suspension-215100549.html

Expect another big round of layoffs. If the company is struggling to pay it's shareholders it's certainly struggling to pay its employees. Good Luck

by Ben Dover
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Post ID: @OP+154gwP8W
Comment! It's anonymous!

3 replies (most recent on top)

Wait till 2nd quarter earnings come out we all f—ed then

by Anonymous
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Post ID: @1cii+154gwP8W

I disagree napoleon and Pedros biggest failing was listening to KS as to how huge caps growth would be !!!!! Only thing is people hate caps, NOV and Captain Kirk especially - give it up you mustache twiddling big headed id–t

by SV03WKL
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Post ID: @srr+154gwP8W

If you still have NOV stock you deserve to get nothing.
Chucky Napoleon and vote for Pedro have pretty much destroyed any positive thing.

by uncleRico
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Post ID: @plo+154gwP8W

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