Thread regarding Halliburton Co. layoffs

I can't believe this

I'm new to Halliburton so I have to ask - is it a custom for this company to announce layoffs a few days before Christmas? Because I can't figure out a worse time to drop news like that. This is a morale k–ler - and not just for the affected employees! How am I ever supposed to feel safe here if I know they're capable of this?

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Post ID: @OP+18xKBOD8

10 replies (most recent on top)

Unfortunately, oil in general at the macroeconomic level is in a slow but permanent decline. Especially now that democrats are in power. There will be one more big uptick in oil price once the world gets past COVID but after that it will be a slow painful death by strangulation for Halliburton . Very sad but just stating the truth. Get out of oil now if you can.

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Post ID: @tquk+18xKBOD8

Unless your in the C suite and considered a asset with salary and stock options, your nothing but a expense to be cut loose as needed.

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Post ID: @evyd+18xKBOD8

Yea well the firm needs revenue right now not workers. Simple math pal. When the firm is good and ready to staff up there will be plenty of desperate workers ready to come crawling back! The business is the important piece of the puzzle! Not some average worker with a useless degree.

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Post ID: @2kxv+18xKBOD8

at least in 2016 they didn't lay off until February. terrible leadership under the current list of clowns.

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Post ID: @1oht+18xKBOD8

Welcome to employment by a service company!

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Post ID: @1btx+18xKBOD8

All old timers save every day of vacation until end of the year so if you are laid off you will have a little money till you can get another job.

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Post ID: @1ndi+18xKBOD8

Lets just say it's not the first time.

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Post ID: @1bbb+18xKBOD8

I’ve had referrals - two- quit previous job to Get an email week before training and after offer letter to be told Of a hiring freeze company wide........

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Post ID: @uoo+18xKBOD8

'Tis the Halliburton way of doing business.

Never forget, that as a 'field employee', or work in the shop, YOU mean absolutely NOTHING to middle and upper management.

Look at it this way, IF you were to come in from a job on Christmas day, they would have absolutely NO problem with laying you off, and escorting you off the premises.

YOU ARE a 'disposable asset".

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Post ID: @ozb+18xKBOD8

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