Thread regarding Baker Hughes layoffs

Baker Hughes Layoffs 2018

I need to ask you a few things should be quick… Are there going to be layoffs, who will be affected by the job cuts, if yes where and when will cuts take place. How about employees in Houston.

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Post ID: @OP+PLtMPP8

8 replies (most recent on top)

Who gives a rat's a$$ this is still a broke d--k company. Get it done and shut the pie hole!!!!!!!

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Post ID: @bmvc+PLtMPP8

Baker Aberdeen losing contracts and other companies winning big contracts.

No surprise there when you look at the poor quality of the management particularly stoneywood.

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Post ID: @9ogr+PLtMPP8

Better hurry Royal Mail going on strike

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Post ID: @2lie+PLtMPP8

Letters still going out in the UK.

The price of oil at almost a year high and baker share price at almost a all tine low..... Not hard to work out more cuts coming as baker are losing contracts and other service companys winning big contracts.

Even with half the staff many guys still at home for weeks on end waiting for work.

Been with baker 14 years and we use to do 220 days offshore a year with double the staff and now most guys lucky to get to 150 some don't even make 120.

Only pay cuts and redundancy can save the share price.

My manager has told me he has been told more cut to follow next month and January.

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Post ID: @2hnc+PLtMPP8

Last week, 3 GE top executive have just left the company. As the share price continue to drop obviously they will look to save money by cost cutting and to keep the shareholders happy.

http://www.marketwatch.com/story/ge-earnings-can-ceo-flannerys-first-report-break-a-string-of-disappointing-results-2017-10-16

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Post ID: @2lek+PLtMPP8

-15%

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Post ID: @1abb+PLtMPP8

Woof Woof

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Post ID: @1tia+PLtMPP8

I heard plants in Aberdeen to close with view to moving work to Montrose plants

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Post ID: @ili+PLtMPP8

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