On speaking with some uppers at NOV. NOV is set to cut most of the management that is to be brought over with the completions sale. Keeping mostly the field and floor hands, the knowledge is with them not the management. It will be over time as th... read more
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Topics regarding layoffs at Trican Well Services
Completions on the sale block. See previous comment.
The new word out there is that the entire Trican US assets/business is up for sale. With only the Canadian part being saved. The question now is who will be the next to purchase a part of them.
The word around the field is that trican is selling off or in the process of selling all their pumping and cementing in the USA. What's left after that? Completion sales? Will this keep them going? Doubtful, with the nearly non existent sleeve frac... read more
So far they are taking advantage of their employees how? Well by not giving significant raises and making them feel like "they should be glad they got a job". I work in finances and have some good friends of mine in Trican's HR. They will draw... read more
I hear that thousands were let go