Thread regarding National Oilwell Varco Inc. layoffs

Q3 losses pedictions

Any rumours abeut our next round of losses ? Volumes ? Consequences ?

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Post ID: @OP+JbpFSr2

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Got let go today. This is not the same company as it was just a few years ago.....and the downturn has nothing to do with it.

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Post ID: @7qna+JbpFSr2

Among other cost cutting measures NOV DDS will most likely get dissolved and split into Rig and D&I. People in Ceder Park may not like it but it is very likely to happen. D&I Sr. Manufacturing VP will do the cost cutting and right sizing adjustments to NOV DDS Ceder Park manufacturing plant.

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Post ID: @7mwe+JbpFSr2

Nov will lose money for the 3rd quarter yet again big meetings planned. They can not carry on losing money more people too lose there jobs soon .

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Post ID: @2ood+JbpFSr2

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