This year ,2015, will be a year of many changes and difficult trials for the people of this country.i urge the people to increase there faith in God and and to cultivate and strength their bonds with the people they most trust and love. This will help us go thru the trials that are ahead of us
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This has nothing to do with the Buyout.
Stop being a fence post and use that squishy stuff between
Your ears. This is part of the
Global repositioning of oil and energy.
Every so often it happens. OPEC IS THE MAIN CONTRIBUTOR
Irrespective of the oil price, the HAL takeover was going to lead to 10k+ redundancies anyway - the worst has yet to come in terms of RIF
HAL just announced 5,000 - 6,500 more layoffs
http://www.businessinsider.com/halliburton-job-cuts-report-2015-2
It still has to get past the shareholders before they can do anything to do with the Halli deal. This is just due to the huge amount of work we have lost. (over 450 rigs less than 12 months ago just in NA). It might not even get past the shareholders if they feel we have been undersold. (offer for about 75 cents in the dollar and we should be worth at least 80-90) Remember the big share holders are not individuals but giant investment companies, it has to be worth their while to sell to boost their investments, i.e. our pensions.
Do your homework and don't assume, this has nothing to do with Halliburton. I have a good friend who worked with Schlumberger that just got laid off yesterday, Halliburton is not buying them out, Panther is laying off, rigs are stacking and letting people go, all the oil companies are letting people go.
Any word on Canada yet.
Same here, I think we are cutting this deep to meet certain goals HAL set
Doubt it. I feel like this has more to do with the buyout than the oil prices.