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Timothy Smith

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Timothy Smith

Re: keyotee post# 340

Saturday, 06/20/2015 3:57:21 AM

Saturday, June 20, 2015 3:57:21 AM

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National Oilwell Varco (NYSE:NOV) says it will cut 1,500 jobs from its Norwegian workforce, or a bit less than a third of its staff there, by the end of this year as low oil prices have led to reduced spending by oil companies and lower sales of new equipment; 900 permanent jobs and 600 contract workers will be cut.

Purely My Own Opinion. Do Your Own Due Diligence.

“Formula for success: rise early, work hard, strike oil.” - J. Paul Getty

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