Thread regarding Halliburton Co. layoffs

Sperry Drilling Services to be sold? Shut down? Kept?

My sincerest condolences to all HAL and BHI employees being affected by all of this madness! Regardless of what they say about these reductions only being about the market conditions, I personally don't believe for a minute that either company won't capitalise on the situation prior to the merger/takeover (whatever you wish to call it!). My fears are more near future also rather than the now. Currently my part of the company are going through a 22% headcount reduction in mfg alone, scaled down to about 17% mandatory after voluntary redundancies. I too am at risk for selection. But even if I survive this one, will Sperry still be with HAL after the merger? Is there any truths to the rumours of Sperry being sold, or shutdown completely? Especially the directional PSL, as that's my specialty. Anybody know more? Thanks all and be strong.

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Sperry Technology is a joke. I'm not sure who in their right minds would want to buy them. Their technology is 30 years old and all the good engineers have left. Good luck buying a team of "managers" who've done nothing for decades.

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I think Sperry is gonna be toast all . They just laid off 20-30 guys this week alone.

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I was selected for MWD months ago but everything has changed. At the first time they told that the process would take a couple of months however until now it never happens. It's incredible how your live can change in a couple of days. I'm really interested in Sperry the drill bits all the machines that are implied . Sperry is one of the best part of Halli.

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Sperry was a great company when Halliburton took it over (via the Dresser merger) and then ground the employees down to meet there corporate image. Yes they threw R &D money at it but the development times were long, too many mistakes and very expensive and they had no concept of designing for ease of repair and servicing and time to market. Baker employees watch out!!! They will do the same to you.

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It's been announced now that they're going.

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Halliburton still treats their employees better than Schlumberger does. I have made many friends with Halliburton employees during my 40 + years with Schlumberger. We compare notes regularly and Halliburton does treat their employees better and with more respect than Schlumberger (benefits included). Was not the case some 30 years ago. Schlumberger won in all areas hands down. But time and greed does change a company like Schlumberger. Most new hires go to Schlumberger to get trained and in a couple of years they move on to better things by leaving the company. Don't expect to see longevity with Schlumberger in the years to come Just a sign of the times. It will take some time but down the road this will hurt Schlumberger's market share.

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Hi Directional Tech!

Of course BHI has the better products and services ;-)

But still the people I work with are very nervous about Sperry. In the end nobody knows how decisions are made. Probably it's just about money and not quality. Keep calm! May be we'll work together in a couple of months and the SLB guys are nervous.

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Thanks for taking the time to add your comments. I guess it only makes sense if BHI has better products than us. I just hope that if we are sold off, the buyer keeps us and invests in us. I would relish the challenge of trying to make it better. I love my job, and the people I work with. And believe it or not and contrary to all the bad things I've read about how HAL treats its employees, I've actually been treated very well. Maybe we'd get some BHI products to work with. But that is just dreaming I know. But to expand my knowledge and skills would be a great opportunity regardless.

But then, it could easily be a buy out and replace all experienced people with their own. It's a shame that it could end like this, but when I think back over the last few years, there's been no investment in new technology at my location for the so called "bread and butter" products so it wouldn't surprise me if BHI had more sophisticated more reliable and maybe cheaper directional products. Does anybody know what esteem BHI tools are held in out in the field? For example, are they considered to hold up better in harsh down hole conditions, more accuracy, less down hole failures etc. where the customers are concerned anyway?

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That Sperry might be sold is no rumor. There was an active discussion at an acquiring company just yesterday. Doesn't make sense Halliburton would give up such a good division, but can't say anymore at this point.

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Hello Mr. Directional-Tech. It's all speculation at this point. No one has the answer, but that speculation sure drives a lot of rumors and that is what you are hearing. The items you mention sold off, shut down or merged somehow with Baker? Or a combination of the three? A merger of sorts would almost assuredly draw another round of reductions. Can't you just see the scrambling for position that would drive at the high level management positions. That's precious. But, no one at our level has the answer. And as far as what you hear from above, trust no one. No one is immune? BS. All of these layoffs being solely related to market conditions? BS. Everything happening down is in the interest of $$$$$$$$. Take a look around and see what the core level work is that is being done. I wish you all the best Mr. Directional Tech, keep a smile on - the world hates it when people are happy.

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