Thread regarding Baker Hughes Inc. layoffs

The Woodlands closing announcement is set for next week.

Are we dead men walking?

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Post ID: @OP+Ba9Jrub

9 replies (most recent on top)

Yes I herd the same.

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Post ID: @4i0J+Ba9Jrub

HAL is not getting out of the bit business. They are selling their bit company and keeping BHI bits (The Woodlands). Where on earth do you come up with this idiocy?

Halliburton Company (NYSE: HAL) today announced it will separately market for sale the company’s Fixed Cutter and Roller Cone Drill Bits, Directional Drilling and Logging-While-Drilling (LWD)/Measurement-While-Drilling (MWD) businesses.

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Post ID: @3UtX+Ba9Jrub

Heard from director level that the Woodlands will be closing. Announcement coming in a week.

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Post ID: @1TBo+Ba9Jrub

Woodlands facility occupies prime real estate these days - they'll relocate sometime but not until after the takeover.

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Post ID: @Ii7+Ba9Jrub

Oh no it isn't

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Post ID: @82R+Ba9Jrub

It's true

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Post ID: @EU2+Ba9Jrub

Yes closing down.

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Post ID: @kKm+Ba9Jrub

What is this bull shit. Of course Woodlands is not going to close down. Complete nonsense. I think somebody from Red is stirring up trouble.

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Post ID: @dXy+Ba9Jrub

yep Hal calls the shots for any deal. live with it.

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Post ID: @sGy+Ba9Jrub

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