Thread regarding GE Oil & Gas layoffs

New structuring

So it is true NHR is restructuring. But the same old tired personal. Younguns get ready for shoot out

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Who wants to work there? !? With that loud back stabber still there. He lies about everything and tells managers he came up with the ideas. He got me fired. Never trust him

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Look, GE is basically telling you they are going to cut, and cut a lot, see 2 article below

Just for O after the merger, how can a such a mega company be able to feed and thrive over 75,000+ employees, if 2016 is any indication, or Q1 2017. Thisis usually when, the comment oil will come back in 2017, it’s June, hows that theory coming along ??

Lastly, I know that very few people in GE Oil & Gas have a deep understanding of the O&G industry, but hate to break it to you, Baker ‘s business is primarily offshore, not onshore, hence not fracking, Halliburton & Schlumberger, and Weatherford have that locked up. Offshore will not be coming back anytime soon, and when it does they are still the #2 or #3 player behind Halliburton & Schlumberger, and when Baker Hughes gets in the GE bureaucracy, of workflows, and fear of making a decision, rules, regulations, EHS, paperwork etc, they’ll drop to #5, or #6.

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Whats NHR ? what business is it ?

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