Thread regarding Baker Hughes Inc. layoffs

Possible Cuts

Possible cuts here: Baker Hughes, Centrilift, Baker Oil Tools, BJ Services, Baker Atlas

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Post ID: @OP+xyw2wj1

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Ya right...

2 Billion savings..how it will come.

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Post ID: @17Pdo+xyw2wj1

Not really, Centrilift is very profitable, Oil Tools might have some issues if the demand drops (likely) but not enough to warrant layoffs, BJ Services is a weird duck in this whole hoopla - should be similar to Baker Oil Tools even though the business models are VERY different, finally Baker Atlas is strong and will remain strong for a while. So, nothing, no layoffs, nada. Now, if the Halliburton deal goes through, there will be consolidation, heads will role - execs will leave, departments will consolidate. HUGE majority of folks will not be affected, so chill, focus on your work and you'll be just fine. Good luck and god bless.

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Post ID: @160z8+xyw2wj1

Based on what?

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Post ID: @14MXo+xyw2wj1

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