2000 fat pay checks
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The price of oil is rising. It will continue to rise now that the Halliburton , Baker merger is over. The merger was an obstruction and now the price of oil is free to rise.
The head count could be reduced by one. Just get the right one...
Part of that $500M is likely depreciation of assets that are on the books. Since BHI has said they're going to reduce pressure pumping to two basins, it's a good assumption that means equipment as well. I wouldn't be surprised if half of that $500M cost savings will be depreciation.
This board show baker is full of worthless pos anyways. Ignorant at best.
No need for longbay manager time to get rid
By average 100k pp. so it is about 5k head count
Head count reduction of 3,500 people
Only off by a factor of 3