Baker Hughes is laying off 266 people in Comal County. The Houston energy services company, a subsidiary of General Electric Co. of Boston, reported the layoffs at its Schertz location to the state in a workforce adjustment and retraining... — read more 

I am sick of the lies we get told by BHGE managers promisec no more redandcy no more cuts ECT but this morning I get the call and told will be finished in 3 weeks after 18 years service. Another 15% to go this month. The place is a joke.

Since GE has dropped out of the DOW , I am hearing they might have problems paying pensions for the retirees . Now BHI gave GE several billion when GE bought BHI out . I know GE does not own BHI completely but who is going to buy Baker Hughes . Also... — read more 

25 resignations so far. 24 have been refused and 1 accepted.

http://money.cnn.com/2018/06/19/investing/ge-dow-jones-walgreens/index.html?section=money_topstories

Would be a great option for the north east if it were to happen

I am in deep **** because of this company . I am looking at what fidelity is saying about this company . 1 Valuation 15 overvalued 2 quality 5 way low 3 Growth Stability 34 Low 4 Financial Health 80 Financially healthy My question to you people is... — read more 

The company is broke, run into the ground by overpaid underperforming managers. Everything is privately up for sale but who wants to buy a team of losers? Nobody

Chinese acquisition Hearing we may be sold to either CNPC or Sinopec. State-controlled CNPC already owns BGP, the largest seismic and subsurface imaging company in the world. Rumors abound regarding its leading Chinese competitor - Sinopec -... — read more 

70% of firms are forecasting an increase in profits in 2018. As confidence returns to the sector the lessons learned from the last four years need to be front of mind and innovative thinking needs to remain at the fore. To read the full report and... — read more 

15 year contract coming up from petrobras. Come on BHGE go for this we are the best and the one and only full stream company

From all your appreciative employees in Aberdeen.

All the best Sh--’s only the start Loads more ready to jump ship and who can blame them treated like crap . Hourly rate is shocking shifts not much better

What is going on with Baker Petrolite in Canada?? Dropping prices up to 20+% to retain business, going way below market value in places like Manitoba? COG are rising, and they are dropping their pants. Seems a strange way to put money to the bottom... — read more 

Dozens of workers at Lufkin Industries, part of GE Oil and Gas, will be let go this summer. facility in Lufkin, Texas (Lufkin is 120 miles northeast of Houston) announced that the facility would be closing, resulting in 78 layoffs. The layoffs will... — read more 

Four weeks to go

General Electric (GE -1.1%) plans to end sales of oil and gas equipment later this year in Iran amid the U.S. withdrawal from the nuclear deal, WSJ reports. GE had big ambitions in Iran after sanctions were eased in 2016, and its foreign subsidiaries... — read more 

The second law of thermodynamics states that the total entropy of an isolated system can never decrease over time. The total entropy can remain constant in ideal cases where the system is in a steady state (equilibrium), or is undergoing a reversible... — read more 

https://www.energyvoice.com/oilandgas/north-sea/172943/baker-hughes-ges-new-31m-campus-to-create-100-jobs-in-montrose/ Great news for Aberdeen the city of innovation and riches for everybody who wants to work!

Published 12 Hours Ago Updated 12 Hours Ago CNBC.com CNBC's Jim Cramer and technician Carley Garner took to the charts to investigate the likelihood of a further drop or a possible rally in oil. The charts suggest that today's weakness in oil is not... — read more 

(Bloomberg) -- Oil prices fell the most in 11 months in New York as Saudi Arabia said it expects OPEC and its partners to boost supplies later this year, easing restraints intact since early 2017. U.S. futures were down 4 percent, the biggest drop... — read more 

A true Aberdeen legend taken well before his time. RIP

A new report today shows the service company has had to pay off more than 60% of its company in just 3 years and is not finished yet.

Total intends to let go of about 300 workers in the north-east following its takeover of Maersk Oil. Meanwhile, BP, ConocoPhillips and Petrofac have all announced redundancy plans which could impact the region. All of the above compaines are clients... — read more 

A North Sea oil producer said today that it would make 70 employees redundant in Aberdeen. Repsol Sinopec Resources UK (RSRUK) said changes to the way it manages offshore assets had led to the decision. RSRUK is one of several oil companies to have... — read more 

BP has confirmed it plans to cut around 540 jobs from its global upstream business. It is not known how many North Sea jobs will be affected but BP said the 540 roles represent around 3% of its global upstream workforce of 18,000. Staff were told of... — read more 

Oil plumets below $80

Can anyone confirm if we are to receive a new contract when our year is up as BHGE.i was going to approach our HR department this morning but was told you would need to wear a suit of armour to go in there.

Ge is going to take all profits and leave us nouthing salers haven't went up but with unemployment low that will pay price in long run

We are going to be so rich it will be obscene

https://www.bloomberg.com/view/articles/2018-05-15/recession-often-follows-when-unemployment-hits-a-low

Don’t need this site any more coz we’ll be hiring not firing from here on in

Old leadership out(wasn’t great) , inexperience taking over(throwing people in rolls they aren’t qualified for). Nobody left that actually knows how that product line should operate. Run while you can. Whoever can snatch up the technology could win... — read more 

Aberdeen to be wallowing in luxury.

Multiple high paid open positions at the BoD. Pressure on management to give us salary increases or risk us taking up one of these multiple job offers.

Baker Hughes last night confirmed it was looking to close and consolidate it's Aberdeen facilities The US oilfield services firm has now put it's premises in Aberdeen up for sale. This comes shortly after the organisation previously revealed 45 staff... — read more