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re: How many here make their living in the oil field?
Posted on 2/19/16 at 8:04 am to Brazos
Posted on 2/19/16 at 8:04 am to Brazos
I do and word is it's possibly about to get worse. Several majors are rumored to be making "massive" layoffs soon. I guess we'll see what that entails. Since January 1st, there has not been a lot going on for sure. I'm hearing of companies possibly clearing out 25%-50% of employees soon. That's going to hurt a lot of people.
Posted on 2/19/16 at 8:07 am to KG6
quote:
Several majors are rumored to be making "massive" layoffs soon.
I keep hearing the same rumor regarding one major in particular. The rumor entails them laying off 50% of North America employees
Posted on 2/19/16 at 8:11 am to CompanyMan
We are closing the doors this weekend. So now, yes. Monday no.
Posted on 2/19/16 at 8:13 am to Brazos
quote:
I do not own a F250 or a set of truck nuts.
Not even a Yeti cooler?
Posted on 2/19/16 at 8:14 am to igot5onit
Sorry to hear that man. The thing that sucks the most is its out of control.
Posted on 2/19/16 at 8:16 am to Brazos
quote:
I work in the oil field and I can honestly say I'm officially getting really nervous now
I would have been nervous months ago.
quote:
significant pay cut.
would be better than losing your job
Good luck though
Posted on 2/19/16 at 8:17 am to Brazos
I was laid off a couple weeks ago
Posted on 2/19/16 at 8:18 am to Brazos
quote:
I do not make my living directly in the oil field, but whatever happens in the oil field, great affects my living.
This....
I have my first job of the week lined up for today...
Posted on 2/19/16 at 8:21 am to Brazos
I left Exxon in August and transferred to a chemical facility instead. Am unaffected, and only have to worry til next August when I graduate and can leave the area.
Posted on 2/19/16 at 8:21 am to malvin
I'm a boat captain and so for we took a 20% pay cut and about 3/4 of my fellow Mariners have been laid off at my company.
Posted on 2/19/16 at 8:23 am to Salmon
quote:
Soooo...you work at which Truck and/or ATV dealership?
LOLOLOLOLOLOLOLOL
:|
consulting
Customer: Which one should I go with chrome or black truck nuts?
Salmon: Chrome has been our best seller.
Amirite???
Posted on 2/19/16 at 8:23 am to KG6
quote:
Several majors are rumored to be making "massive" layoffs soon.
Rumor hell. It's real. BP is getting rid of ~8k jobs. Phillips, Chevron, Shell-all cutting more than just some fat.
Service companies are eviscerating themselves.
If you're in the industry(I am), I hope you're midstream and downstream(I am). Upstream....Godspeed.
Posted on 2/19/16 at 8:23 am to Brazos
I'll buy used f250s to pay ur bills baw
Posted on 2/19/16 at 8:31 am to CootKilla
I drive an 08 GMC with 120,000 miles on it, no stickers, never owned a yeti, no truck nuts. Yes I'm worried.
My wife works in imaging at a Healthcare facility, in the same time period as last year they are down 75 procedures, where as in the last 5 years they have grown a min of 5% each year. It's affecting them too.
Posted on 2/19/16 at 8:32 am to Brazos
I don't, but I have family and friends that do work in O&G. Only one has been affected, but he still has a job.
Posted on 2/19/16 at 8:34 am to offshoreangler
Deepwater completions are slowing way down. I am lucky that I still have a job.
Posted on 2/19/16 at 8:34 am to CHEDBALLZ
Same with my wife, her department does preventive procedures and they are slower than ever. No job = no insurance = only go to dr for emergencies
Posted on 2/19/16 at 8:42 am to Brazos
I was in an oilfield tools manufacturing facility until last Friday. In a way I'm relieved it happened. The threat had been there since early 2015.
Hang in there but have an exit strategy.
Hang in there but have an exit strategy.
Posted on 2/19/16 at 8:42 am to Brazos
Oil field engineer guy here. My company (upstream producer) is officially spiraling out of control. I'm losing any money saved in the company stock plan due to the stock price approaching zero. Just laid off 8% of the company this week (in addition to layoffs in October). It sucked hearing about cool people I knew getting let go, and it was fricking nerve racking as I waited and expected HR to call me.
The good news is i still have a job
The good news is i still have a job
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