Thread regarding Halliburton Co. layoffs

Why would we need layoffs when the company can't get any of the employees to stay as it is?

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Post ID: @OP+1eEd3PIS

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Former Halliburton Manager here and no it’s easy to get rid of incompetent employees if you have competent supervisors. Yes PIPs exist but an employee only has to sc--w up once while on it to get rid of them. Layoffs only start with new or cr---y employees then they get into redundancy and other things as it gets tougher but right now we are riding high on oil prices so ride the wave bro

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Post ID: @1hplu+1eEd3PIS

Layoffs are an effective way of getting rid of employees management doesn't like. It is very difficult to get rid of a "one-off" underperformers or people who go against the grain of management. You have to put them on a 6 month PIP and then re-evaluate them. It can be done but it just takes a long time and is time consuming for management. This being the case, usually once a year, Halliburton has some kind of reduction in force or layoff. In this scenario, people can be let go without having to go through all that other stuff and the selection process of who gets let go isn't scrutinized as much. So they clean house, rely on the high achievers to carry the weight, and look to upgrade the ones that were let go. The downside of this is after such a layoff, the company usually has to wait a certain amount of time before they hire someone else into that role. There are workarounds to this though, as they just hire under a different job title than the ones who were let go.

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Post ID: @2hwu+1eEd3PIS

Because the group in Singapore is working twice as hard for half the pay.

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Post ID: @1nmf+1eEd3PIS

Layoffs are designed to rid the company of competent employees.

As OTIS was known: Only The Id--ts Stay, and OTIS ran REAL completions, and NOT frac plugs.

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Post ID: @arb+1eEd3PIS

Relax and enjoy job security if you're determined to stay.

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Post ID: @vdt+1eEd3PIS

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