http://www.fool.com/investing/general/2015/07/20/halliburton-company-delivers-strong-earnings-despi.aspx
8 replies (most recent on top)
Lol.. sure you did Dave......Halliburton upper management only cares about the bottom line and taking care of them selfs how many vice pres. Mangers. Mid managers do you need. And who gets laid off. The men and women who generate revenue.
Dave. How about cutting at the top for a change. Yea right. I'm holding my breath.
I like 9612's statement.
Can you say.creative book keeping. The bonus check arrives on time. How lets cut so more field hands.....
Well what a surprise that the spin on the figures make them look good. What about the thousands that were laid off to reduce these costs. As a long term Halliburton employee I can confirm they talk up their commitment to the workforce, beat them up at the end of the quarter/year to make targets and boost their own bonuses and then dump them as soon as market conditions dictate. Welcome to the oil services industry - no commitment to staff!! Baker boys watch out they will screw you like they screwed Dresser to get Sperry and create misery. Get out now, now, now!!
Shareholders don't want long term growth or what's good for business. They want quarterly results and every vp in the organization would fire their momma to get those big bonuses. Nice thing is all the service companies are the same!
It's obvious that beating the street's expectations is way more important than actually making any money.
That's called spin.
Well managed