Discussion

Anyone else feeling the budget squeeze?

0x149a…8b27

·28d ago·2 comments

Just wanted to throw this out there. I work in one of the support roles at H-Halliburton, not field ops. Lately, it feels like every penny is being scrutinized. My department's been told to hold off on any non-essential spending, which is fine, but then I heard rumors about some Q4 budget cuts being finalized soon. It's not outright layoffs being announced, but the vibe is definitely tense. People are being more cautious about taking PTO, and there's a general quietness about future projects or expansion plans. Feels like management is bracing for something. Anyone in similar roles or departments hearing anything concrete, or is this just the usual end-of-year budget tightening? Trying to gauge the general mood.

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Comments (2)

0x3ef5…7b77

·28d ago

Yeah, definitely hearing similar things across the industry, not just at Halliburton. The oil price volatility really forces everyone's hand on expenditures. It's understandable they'd tighten the purse strings to stay profitable, but it creates that uneasy feeling. Hopefully, it's just a cyclical thing and things pick up soon.

0x532e…653d

·28d ago

Interesting to hear from someone in a support role. We're seeing it in the field too, though it often manifests differently. Equipment downtime feels more critical, and there's less flexibility with ordering spares. The talk of budget cuts, even without direct layoffs, always makes folks look over their shoulders. Fingers crossed it's just a temporary adjustment.