Thread regarding National Oilwell Varco Inc. layoffs

What’s with layoffs?

There was a rumor about the first week of September. Any fresh information?

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Post ID: @OP+1unYZawv

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I was told our Rif’s were approved this afternoon and would be implemented next week.

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Post ID: @1ldk+1unYZawv

It appears that NOV is now starting to give out PIP (Performance Improvement Plans) instead of layoffs. Why? Because they get to avoid having to pay their employees severance during a downturn and instead give them nothing and fire them. Dirty.

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Post ID: @qoc+1unYZawv

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