Thread regarding Halliburton Co. layoffs

Do you think the big guy will be voted out?

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Post ID: @OP+FpZLXkT

14 replies (most recent on top)

"The posting below is dead on. I had 40 years with Halliburton. A good number of them when we had the flying H. And red and grey equipment.

Things changed when Dave took over and not for the better. Cementing.a well is not a NASA space shot. But with all the redundant Mickey mouse paper work you would think otherwise.

I was proud to be part of Mr. Erles. flying H. When corporate development the attitude that field hands where lower and beneath them. The concept of the Flying H changed. And the Halliburton family recended the trademark of the Flying H. Hope the current Halliburton survives. But it will .never. be the the great company it once was under the Flying H.""

I had 38 years and I feel the same way, with ONE exception, I HOPE that Halliburton goes down the tube.

We can thank the Brown and Root influence that led Halliburton down the path of self-destruction, because the ONLY thing that Halliburton has going for it, is its PAST reputation.

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Post ID: @ohyw+FpZLXkT

Lol.Steve Harvey.

Dave needs to go.

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Post ID: @6yai+FpZLXkT

Steve Harvey to announce that the deal will is closing.

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Post ID: @6zum+FpZLXkT

Sorry Dave

It's just good business. But don't cry. All the big money you are leaving with was made for you are people that wear coveralls. Many who are now unemployed. Because of your desire to own Baker.

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Post ID: @4fvp+FpZLXkT

Don't forget, the benevolent investor third rock is gonna want payback as well.

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Post ID: @4uzy+FpZLXkT

Truth. I know for a fact that management is instructed not to associate with the underlings. If you are high enough you are not to even speak with them.

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Post ID: @4bbs+FpZLXkT

The posting below is dead on. I had 40 years with Halliburton. A good number of them when we had the flying H. And red and grey equipment.

Things changed when Dave took over and not for the better. Cementing.a well is not a NASA space shot. But with all the redundant Mickey mouse paper work you would think otherwise.

I was proud to be part of Mr. Erles. flying H. When corporate development the attitude that field hands where lower and beneath them. The concept of the Flying H changed. And the Halliburton family recended the trademark of the Flying H. Hope the current Halliburton survives. But it will .never. be the the great company it once was under the Flying H.

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Post ID: @4ldt+FpZLXkT

I totally agree with 'Would not make a pimple' comment. To also add to Dave and Jeff, although Halliburton wasn't known by this name until 1961, Earle began the eventual company in 1919. I'm sure he is currently rolling in his grave, and somewhere Dick Cheney is clutching his heart at the way these two ass-clowns are running the business during this recession. When the merger doesn't go through and you have to layoff +30% of your remaining staff to cover the 3.5 Billion penalty to Baker Hughes, plus further Corporate and Shareholder litigations which can also run into the billions. The proposed 7.5 billion in bonds won't save this company people, since I doubt they will be fracking/cementing any wells in 2019 or firing off any fireworks to celebrate the Centennial, since they will be either fully dissolved or broken up enough to be acquired by the competition. I am selling what remains of my HAL stocks on Monday people, and suggest you do the same before the stock goes as worthless as what is written in a Sperry tally book.

I was layed off last year when HAL lost the service contract to SLB, since they refused to negotiate the prices for the local operator. SLB was willing to play ball, and took over the entire service contract. I blame Dave, since he sent out that email last Spring telling us all that we would not lower our prices in order to keep our people or equipment working. He claimed we have the best people, processes, and Technology in the market to ride out the storm. Since then I have seen or heard about loss after loss in bids, and don't recall hearing of any wins either. If our Technology is so great, than why are we acquiring Baker Hughes to implement theres into ours. Also, our processes stink!! The Black Book Process that Jeff Miller implemented into Baroid (which got him promoted to President) takes too much productive customer time out of the day to properly perform. Unless, you show how red your blood is by working 15-20 hours a day. I fell for the bullshit myself, where I was indoctrinated in a Houston class room for a few weeks making to feel special that I was the 1% invited, and made to think that Halliburton only hired, trained, and retained their best staff of butt kissers, back stabbers, and sneak thiefs.

I really enjoyed my time at Halliburton, and had the best working relationships ever with my two direct Supervisors before transferring for overseas work. I was devasted and bitter when I got released. However, my wife and I have been in this business long enough to know to save up, and we have enough to live on for the next two to three years. I feel no stress everyday since, and symphatize with co-workers who still call me up, and let me know how scared they are of their jobs since HAL still continues to lose bids, and need to protect the job of the last incompetent PDC left in the district.

Finally, for those who will be receiving Severance packages in the next week, month, or fiscal quarters keep this in mind. HAL will attempt to screw you on your severance package by deflating what they claim your average earnings are whether you are wage, salary, or variable paid, and paying you at one or two weeks per year service. I recommend everyone refuse to sign their release papers until their lawyers had a chance to review their packages. One of the drawbacks to lawyering up is that you will be put on the official "no-hire list" like me, but do you really want to run back to a company who doesn't value your contributions enough to label you "replaceable," and cheats you out of thousands of dollars of sev money in order to selfishly pay out executive bonuses and look good to investors.

Another funny thing that will also happen in the lawyer up process is that they will respond to your challenge by a letter written by a certain African-American in house Attorney in Houston who dresses up as a Jedi Knight for Halloween (check the legal picture gallery if you don't believe me), which states that you did not hold a job deemed "Professional", and your little skills you may have acquired can be easily be transferred to a minimum wage job. I was rather astounded by this shocking claim, since I held a position, with the word "professional" in it. My response (which my lawyer was humoured by, but refused to reply back with) to this Sith Witch in Sheeps clothing is that I saved enough money to take it easy for the next few years, and go back to school so I'll get a better job outside the industry, and not be looked down by pure American ghetto trash.

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Post ID: @4dvb+FpZLXkT

Dave and Jeff

Need to go and take the millions of dollars in bonuses,salary,perks. That hard working men and women who generated the revenue for the company many, who are now unemployed. Dave. This will be your legacy.

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Post ID: @3qwr+FpZLXkT

less than $20 oil by end of Q1 and they are looking to close the deal end of Q2. Good luck with that.

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Post ID: @3svf+FpZLXkT

3.5billion breakup fee will come out from someone ass if the merger does not go thru. Dave will be the minimum to go first. Its either historic moment that shall change the company or one hell loose that will drain the company out.

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Post ID: @3jjk+FpZLXkT

That will be the big guys swan song. .corner the market on $20.00 oil. Halliburton /Baker in dire straits.

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Post ID: @1uyt+FpZLXkT

Let's see ... Oil just $0.25 from falling into the $20's and he is still trying to close this corner the market deal. Corner the market?????????????? on $20 oil ????????????????? No no trust me ... just wait till the last slide... it will all make sense.

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Post ID: @znh+FpZLXkT

Look at the stock Today may be the lowest of the year. . The stock holders view the bottom line. Not the power point presentation.

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Post ID: @dip+FpZLXkT

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