Thread regarding National Oilwell Varco Inc. layoffs

The industry is doomed until 2020.

Even if the employees survive the storm, the recovery will not compensate for the losses incurred during the disaster. The forecast looks bleak. http://fuelfix.com/blog/2016/02/15/drillers-cash-flow-gap-expected-to-rise-to-130-billion-in-2016/

2017: $43.1

2018: $45.6

There won't be any raise for another 2-3 years, while inflation and interest rate keeps growing. Young professionals, look elsewhere if you want to build a career.

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Post ID: @OP+FYJRyKS

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Yes young professionals, look elsewhere because the old farts who are not self-motivated to look elsewhere will NEVER give up the same position of 6000 years and aging. That is, until we are hit in the face with layoffs or a retirement package (even then we refuse lol)

Thanks o' wise one

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Post ID: @pfo+FYJRyKS

They have no clue about the topic, they have been off time and time again

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Post ID: @pdo+FYJRyKS

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