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re: Baker Hughes to layoff 7000

Posted on 1/20/15 at 11:57 am to
Posted by castorinho
13623 posts
Member since Nov 2010
82785 posts
Posted on 1/20/15 at 11:57 am to
Posted by tiger perry
Member since Dec 2009
25668 posts
Posted on 1/20/15 at 12:08 pm to
Houston to Nola area going to feel it
Posted by barry
Location, Location, Location
Member since Aug 2006
50459 posts
Posted on 1/20/15 at 12:08 pm to
No real surprise hear. Service companies can easily layoff 5-10% of their workforce which will be high priced contractors and field personnel. Always the first cut.
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