National Oilwell Varco Employee Reviews about "downturn"
Updated Nov 4, 2020
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Approve of CEO
Clay C. Williams
730 Ratings
Pros
"Good benefits and professional atmosphere" (in 144 reviews)
"Great benefits and great people" (in 122 reviews)
Cons
"Volatility of the oil and gas market" (in 70 reviews)
"Oil and gas industries are in downturn" (in 51 reviews)
Pros & Cons are excerpts from user reviews. They are not authored by Glassdoor.
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Reviews about "downturn"
Return to all Reviews- Former Employee, less than 1 year★★★★★
Pros
The power section division in Houston, TX was a great team with which to work.
Cons
Temporary economy downturn and COVID-19 seemed to present a permanent closing.
- Former Employee, more than 5 years★★★★★
Pros
Positive industry experiences and knowledge
Cons
Business Market fluctuation and downturn
Continue reading - Current Employee, more than 5 years★★★★★
Pros
There is so much opportunity at this organization to advance in your career if you are willing to work hard. I've been very lucky to get to be in multiple different positions during my time here, some of which I was not qualified for when I started, but they love to promote from within and took the time to train me up. I would also say that, for the most part, managers tend to be flexible and work with you in regards to your scheduling.
Cons
Due to the downturn in O&G, there have been a lot of layoffs and perks that have been suspended for the time being (hopefully they bring these back after we get out of it). They typically pay at mid-market so if making money is your most important career aspiration, this is probably not the place for you.
Continue reading - Current Employee, more than 10 years★★★★★
Pros
Challenging work, great managers, great people, casual work environment
Cons
Pay not competetive during downturn in industry. Starting to resume.
- Current Employee, more than 1 year★★★★★
Pros
Great company to work for.
Cons
Let employees go quickly during downturn.
- Former Employee, more than 10 years★★★★★
Pros
Learning about the drilling industry, basic oil and gas, high profile clients, well rounded portfolio, very positive environment (when oil is up)
Cons
weak management system which was not really prepared for the downturn in oil, somewhat surprising since everyone knows how cyclical the industry can be
- Former Employee, more than 8 years★★★★★
Pros
Wonderful company to work for.
Cons
No cons what so ever. I only wish the downturn in workforce didn't happen.
Continue reading - Former Employee, more than 10 years★★★★★
NOV IntelliServ is a good place to work but falling on hard times
RecommendCEO ApprovalBusiness OutlookPros
Fun leading-edge technology. Good people to work with.
Cons
Big company bureaucracy and mentality. Downturn in the Oil industry.
Continue reading - Current Employee, more than 5 years★★★★★
Pros
NOV is a World class company that cares about its employees. Great benefits and management.
Cons
Certain positions are prone to layoffs during the downturn in the industry
- Current Employee, more than 3 years★★★★★
Pros
Very competitive pay. Good life and work balance
Cons
Oil and Gas industry in a downturn, NOV being affected by it. Job security
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