Thread regarding National Oilwell Varco Inc. layoffs

Third Quarter Results

So we await the the Third Quarter results.

The book of endless excuses is once again dusted down.

Ok my book is open.

I say $750M in the red. Majority stock write down, relocation and pay offs

Discuss

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| 1855 views | | 6 replies (last ) | Reply
Post ID: @OP+1dcKfRaC

6 replies (most recent on top)

From what I see working in Aberdeen no one cares, everyone from Vice Prxxks down are only hanging out for a wage
Such a shame

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Post ID: @1zfi+1dcKfRaC

Someone or something (board/shareholders) needs to man up & fire this good for no profit Chief Elfecutive Officer. Year after year…it’s the same thing….embarrassing. Retire lil clae clae.

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Post ID: @1cjp+1dcKfRaC

Those headwinds are our own management.
They are NOVs own enemy

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Post ID: @1kpb+1dcKfRaC

NOV has not reported a profit in over 7 yrs. Chances are good that this will be yet another quarterly loss. Headwind persists.

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Post ID: @1lwj+1dcKfRaC

Im possitive now We have all had our yummy pies We can collectively turn NOV into the black.

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Post ID: @1unj+1dcKfRaC

If no profits by NOV that can be scattered around to make the company as a whole look like they made profits, there is gonna be a relocation or layoff of the unwilling.
Especially at end of year.

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Post ID: @1pvo+1dcKfRaC

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