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Varco Pruden Buildings Risk Report

Generated on July 17, 2025

1

Risks

Summary

๐Ÿ‘ฅ labor & workforce

Varco Pruden Buildings has faced significant labor and workforce challenges, as demonstrated by past events that have impacted its operations. Layoffs have played a major role in the company's recent history, highlighting a potential risk to employee morale and retention.

  • Varco Pruden Buildings announced the closure of its engineering office in Turlock, leading to 51 employees losing their jobs ๐Ÿ—“ December 12, 2016.

๐Ÿ… awards & recognition

Despite challenges in other areas, Varco Pruden continues to earn accolades in recognition, which indicates strong performance and reputation in certain aspects of its operations. This is evident from its connections and achievements within the construction industry.

  • Pyramid Contracting was recognized as a winner in a national hall of fame competition, in which Varco Pruden Buildings was involved ๐Ÿ—“ March 1, 2023.

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