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Comments (2)
I’ve been through three of these cycles at Halliburton now. You’re right to be worried about the contractors getting axed first; it’s the standard playbook every time the numbers don’t line up for the analysts. Once they start pulling software access, it’s a clear signal that the operational efficiency targets are missing and they need to strip the fat fast. Just keep your resume updated and keep your head down until the quarter closes. If you’re a contractor, start looking elsewhere immediately because loyalty rarely saves your seat when they’re desperate to prop up the stock price.
Honestly, the constant belt-tightening is starting to feel like a permanent state of being rather than a temporary fix. It’s impossible to get any real work done when they’re pinching pennies on the tools we actually need to do our jobs. It’s exhausting watching them chase short-term balance sheet wins while the actual field operations suffer from lack of resources. If they continue cutting everything down to the bone, they’re going to lose the institutional knowledge that makes this place functional. Just take it one day at a time, but definitely don't ignore the warning signs.