When will we know more about the next round of layoffs?
24 replies (most recent on top)
Business is not picking up as expected, so reductions could be on the horizon.
You'll know the moment they're walking you out the door.
Get ready everyone. The next round is upon us! Good luck to all
Halliburton has been on a steady decline since Baby Jesus was promoted instead of being laid off. If you want to save the company you need to let him go. His lies have you fooled he is not doing you any favors. You may find that the budget will improve once the mafia is out.
When your number is up you cant do anything about it. Your number higher aka salary than any other mud pusher in the trenches doing the same job as another joe dirt then you will be called up regardless of experience. Hal can always find another warm body to throw in the fire.
Perhaps what Bean Counter means is that Halliburton 'saves' money by ridding itself of experienced employees, who are supposedly paid more than new hires.
Also, is the starting wage for new hires more than it was for those hired three, four, five years ago?
Experience means nothing, since any errors are always attributable to the person performing the work, and the costs associated with rectifying the scr up, can always be made up by discounted or free work on the next well.
Do not think that if Halliburton could, they would replace every field hand with a third world national, as was common in International Operations, where two or three could be hired for the cost of one commuter, or live in ex-pat.
I beg to differ Mr.Beancounter. Most of the people let go were great and smart employees. Unlike you and the rest of the arse-kissers. Stay on your knees sir and continue to keep your job.
To increase profitable thru ROI per employee we need to layoff unproductive/unprofitable headcounts for each new hire currently.
Real simple concept.
I started with Halliburton in 2006 and never heard the word 'layoff' till a couple of years ago when oil plummeted. Kind of wondering if something else happened in The 80's that could relate, or is halluburtin just an evil a– empire that likes to destroy employee lives. Or people should stop b–ching and live up to the life they brag to everybody else when explaining they live the harsh life of the oil industry. I don't know i work for Apple.
5 yrs or 15 yrs?...
Arbroath can't pay off, I just bought a new campervan. It's not fair.
Not gonna lie but I am extremely worried about getting laid off during this pandemic and in the midst of the worst unemployment rate since the Great Depression. Few of my peers were laid off already even though our manager swore that layoffs were done and over with in May 2020.
I am looking for a new job but it is not looking good.
You are wrong about gas needed for the power plants. In Europe natural gas or water are used to produce hydrogen. This is what BP ,shell, Total are starting to work on. The electricity needed for this process comes from wind power. The hydrogen can be used directly on certain cars or it can be used to charge electric cars.
Someone has to do the hydraulic fracturing to keep up with the demand for the natural gas that the power plants will have to burn to keep up with the increased electrical demand if more people start buying plug-in cars. Meanwhile, expect electricity costs to edge up 5x due to the restrictions being pushed by these incompetent Marxists that just took over.
By the way, anyone guess the number of "green jobs" created by Obama's "green energy czar?" ZERO. But don't worry, those green jobs are shovel ready and they're coming to save the day. But don't hesitate to register for unemployment benefits in the meantime.
My boss said come see me and bring your phone and computer. Yikes!!!
The head of technology in North Belt drives a Telsa model S.
Advice from Washington DC, “go make solar panels “.
From 106,000 employees as of 12/31/2005 to 40,000 as of 12/31/2020. 66,000 headcount reduction in 5 years time.
I got laid off from Sperry last week, so yes, layoffs are happening. I guess it’s HAL way of saying Happy new year
The writing is on the wall for oil and gas. Look at Tesla, GM, Ford, Chrysler is moving forward with electric vehicles by 2025. Consumption and demand for oil will be flat or take a slow decline. Yes there will still be consumption but it will be flat which will drive better cost management mainly cheap labor force, tighter supply chain control in order to stay afloat.
Serious? Layoffs again?
With this green initiative, I would suspect layoffs for the next 4 years.
We'll know the day we show up for work at 6:30 am and we are directed to go straight to the conference room and there is security in the lobby.
Since we all know it's coming.