Thread regarding Baker Hughes Inc. layoffs

Destroying assets

Wonder what Haliburton would think if they knew that BHI was destroying their assets and not repairing anything. Stripping of every good item to hide true cost.

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Post ID: @OP+E4OVAhg

6 replies (most recent on top)

This is what happens when you put managers in place and their bonus means more to them than the companies core values. This is especially a problem in pressure pumping.

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Post ID: @k4Ud+E4OVAhg

All of it

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Post ID: @93Ze+E4OVAhg

what kind of equipment are we talking about here? Pump trucks? Drilling Tools?

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Post ID: @wbw+E4OVAhg

This is what Halliburton wanted. This is their plan. All of the Baker Exec's have a guaranteed seat on the board of directors at Halliburton and most likely Schlumberger too. Plan is to attempt to buy Baker and have a back out clause. Tell Baker to destroy and sell equipment off. Back out of sale, pay penalty to baker. Baker execs split money and go to work for Halliburton. Great plan huh

Corporate greed at its finest, and a lot of people suffer. Glad I got off the sinking ship before BJ sold their sole to the rotten bastards at baker.

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Post ID: @3q6+E4OVAhg

That's what happens in America. The big Companies kill off the good ones.

No competition. Its all for them. Monopoly come on.

Look at what Walmart does big company. LOW wages.

Haliburton Big Company . Low wages.

You get the picture! So if you decide to stay. Guess what you get 12 to 13 dollars an hour baby! Yeah! find another endeavor. This business is over!

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Post ID: @W5c+E4OVAhg

Haha no shit more machine down than running

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Post ID: @BBt+E4OVAhg

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