Thread regarding Baker Hughes Inc. layoffs

Divestiture in effect

PPS is now officially under pressure pumping. GE has bought completions already and finalizing purchase of PP. announcement will be made after Q1 earnings call.

Goodbyes..............

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Post ID: @OP+FhiLwrs

12 replies (most recent on top)

Surely Pps can mean pressure pumping stimulation but what we are looking at here is the PPS that isn't yet pressure pumping stimulation...at least that is what common sense dictates.

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Post ID: @3hcy+FhiLwrs

Team red and blue. Gag me with a spoon. The only team is management. Who will put it to you in a heartbeat.

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Post ID: @2dzc+FhiLwrs

If this is true. Then thank the Lord. Team spirit is gone. Everyone is doing the minimum. No money is spending so no projects get done. Fcuk it. Need to get a job at slb. They seem to be winners in this time

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Post ID: @1uuk+FhiLwrs

Pressure pumping stimulation= PPS

At least that's what the damn trucks say... Same for cement equipment now PPC

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Post ID: @1ayv+FhiLwrs

General Electric Pressure Pumping:

so eventually phasing out diesels going all electric it sounds

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Post ID: @1rit+FhiLwrs

First, Pps is a plant and pipeline service division, that does a solid business in several areas.

Secondly, there are bits of colaborating info regarding GE interests in parts of Halliburton and Baker.

Lastly, it really doesnt matter what division controls the unit.

I imagine the big difference would be being purchased the GE could mean business as usual where being purchased by Halliburton would mean more jobs lost due to cost saving synergies.

I say Great. Sounds awesome.

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Post ID: @1kot+FhiLwrs

Don't be a cunt to other folks. I'm hearing murmurs. Definitely not May 1st 2014 info here

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Post ID: @1yec+FhiLwrs

What a load of rubbish.stop reading comics you fool

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Post ID: @1lfb+FhiLwrs

Confirmed in GOM.

Just watch and see

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Post ID: @1xrr+FhiLwrs

Total BS. Who feeds you these lies. Nothing at all has happened.

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Post ID: @1lgk+FhiLwrs

The stock market will start to crash by early February if not sooner

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Post ID: @1xrj+FhiLwrs

PPS?

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Post ID: @jic+FhiLwrs

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