NOV will give DDS folks a peace of mind before or after the Labour Day weekend. Be prepared.
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Layoffs have started elsewhere in NOV this week. Anyone aware of DDS RIFs? I heard that Q3 earnings going to be ugly unless some miracle happens within next 3 weeks.
Any DDS layoffs today? I heard some Hallway talk.
Tim don't worry as it's going to happen no matter if you worry or not!
Second that
Consolidation of manufacturing facilities are a priority to cut cost is what I heard. Is Ceder Park facility going to be OK or NOV may cut us apart?
Welcome to Downhole. Lol!
There has been a lot of cost saving effort, headcount reduction delayed projects and decision making all centered around q3.
Somthing big is brewing and we will all find out soon.
Can anyone else second this? We are all worried.