Thread regarding Halliburton Co. layoffs

Is it just Halliburton or is it the market?

I really appreciate the new young employees and I think there are great people among them who have great ideas. Unfortunately, it seems to me that they are exceptions now. Most young people, like my new colleague, do not want to learn and develop new skills at all. This became my problem when his disinterest began to affect my work.
I wonder if most of today’s youngsters would last just a few days in this company as it was before? Would they even get a job here? What interests me the most, is it that Halliburton just can’t attract better quality new hires or are young people today generally not much interested in being the best at their job?

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Post ID: @OP+1daztU6O

10 replies (most recent on top)

What to expect when the management treats the previous old and good employee like sh-t. Then it is the sh-t HAL gets.

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Post ID: @mces+1daztU6O

Managers do not want young hires appears smarter than them.
Managers do not like new ideas

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Post ID: @cvjs+1daztU6O

This is what I feel …Most Countries around the world are going mandatory to electric cars by 2030. Technology development is focused more on alternate energy. By then it will be less expensive to adopt alternate energy.
The consumption of fossil fuel demand will be cut to half by 2030. Then there will be only demand for it in the industrial sector. With time, possibly around 2045, the demand for fossil fuel will be down drastically. Alternate energy will be on the increase. Nuclear power plants could also be a safer way to produce power.
The O&G operators and service providers will have down size in a phased manner. This is the start. Old and obsolete equipment will be written off, R&D will reduce, service providers /manufacturers will have to cut down their service or product prices. You will see smaller companies going bankrupt as bigger companies will start bidding aggressively in small company territories. Slowly things will dwindle down.
With the layoffs, senior personnel will be replaced with young graduates who will be grandfathered. The companies have to pay less $. They will accept the risk of inexperienced decision made losses.
Also I feel the personnel will be stretched thin by multi-tasking.
One thing for sure, O&G industry companies will be the Kodak example of the past, if they do not have a disruptive strategy to catapult them from the black ho-e.

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Post ID: @5xnu+1daztU6O

Halliburton treats their employees like cr-p. They are just a body to the company. Halliburton pay and benefits are significantly less than their competitors. Competitors are paying a higher, offering travel reimbursement, and housing. Halliburton will use and abuse you then sp-t you out the minute things slow down. They don't value their long term hard working employees. As far as oilfield services companies go, Halliburton is bottom of the barrel now days. The struggle for them to even find people willing to work there is crazy. New hires get in the door, realize very quickly how terrible it is and go to the competition.

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Post ID: @5jgb+1daztU6O
Most young people, like my new colleague, do not want to learn and develop new skills at all.

Dollars to doughnuts its not that he doesn't want to learn new skills but rather the skills he is working on aren't the ones for this field. This is just a paycheck to them at best as it should be.

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Post ID: @3suo+1daztU6O

Sperry Tech moved to California. They make your iPhone now. The youngins aint stupid, they're getting paid.

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Post ID: @2nil+1daztU6O

With all of the layoffs, downsizing, right-sizing, getting lean or whatever you want to call it that has been going on for the past 5-6 years, it's going to be hard to attract the real a-s-kicking go-getters to the industry. Oil and Gas is seen by the current generation as being in decline and not a good long term career option.

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Post ID: @2nnu+1daztU6O

He-l, look at focal point in my dept. Everyone gets the same, even the lazy ar-e gets the same. What makes me want to put anymore effort than the lazy ar-e and get the exact same. He-l the lazy even makes more than me and with his focal point % he is even getting more than me. All Im going to say is fock it

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Post ID: @1wcu+1daztU6O

Start by treating the employees as PEOPLE, instead of "assets".

Assets are usually defined as items to be run into the ground and then disposed of as scrap, after being depreciated out over a set period of time.

Give these "assets" competent management, and allow the employee to choose a career path where he, or she, can leave the PSL they are currently in, and try something else within the company--THIS WORKED BEFORE! Instead Halliburton has decided to lock a person into spending their entire career, a career with almost ZERO chance of advancement, and an very limited chance of expanding their horizons. How does that make YOU feel?

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Post ID: @1ros+1daztU6O

The company doesn't give two hoots about me. Why should I put in extra effort to make some guy richer while we barely get cost of living increases much less raises. Start treating employees like assets instead of cogs and we'll start giving you discretionary effort.

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Post ID: @1tyf+1daztU6O

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