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Updated almost 5 years ago on . Most recent reply

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Danny Webber
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  • from Austin, TX
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Danny Webber
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Danny Webber
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Texas Real Estate Q&A Discussion Forum

Schlumberger to Cut 21,000 Jobs- Houston Based Co.

Danny Webber
  • Real Estate Broker / Investor
  • Austin, TX
Posted

This is definitely going to drive sales/Fc's/Inventory hitting the market in some TX markets

https://www.thestreet.com/investing/schlumberger-swings-to-loss-and-plans-21000-job-cuts

  • Danny Webber
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Ronald Rohde
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Ronald Rohde
#3 Commercial Real Estate Investing Contributor
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  • Dallas, TX
Replied

I think we also underestimate two income households, between a potential new covid package, remote work for new jobs, Houston will be okay.

  • Ronald Rohde
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