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Topics regarding layoffs at Schlumberger Ltd.
Tuesday in all of Houston area will be a blood bath. This includes sugar land, rosharon, RESLINK, and everywhere in between
Why No benefits when you retire ???? They even laid off a lot of older employees in the last 3-4 years right before they were supposed to get their Service Awards . SLB is disgraceful especially toward US born citizens. That's the reason they hire... read more
probability of Schlumberger filling for bankruptcy is increasing rapidly PK is still the CEO thus increasing chanced of default. What will happen when SLB files for bankruptcy? Will employees lose their deferred benefits? Will employees lose their... read more
Is the workforce destruction complete at Ponca plant?
Layoffs will be announced in SHTC in the last townhall meeting of Centre Manager before he moves into new role!
• WTI is $42.54/barrel, heading towards $30’s/barrel with no signs of recovery. • SLB stock price is $65/share. Analysts downgraded SLB stock unlike competitors; HAL and BHI. • SLB’s probability of bankruptcy jumped up to 37%... read more
I am so excited to hear from Paal, Simon(s), and Patrick again! Last time, Paal told us to think new and act new. Before that, he said we are sitting on a highly-compressed coiled spring. What do you all expect to hear from them this time?
Can anyone confirm current or recent, past 1 month, layoffs in SLB locations? Alternatively, are there any locations that are staffing up?
Does anybody have an idea of the total number of employees that were involved in 'rightsizing'?
Anyone involved at executive level with Transformation should be run out on rails. Fiasco!
Rumors have it that Kipsggard is leaving to become Minister of Energy for Norway!
PK will go down as the CEO with the most layoffs in the oil industry
GE & BHI The combined company will have about 70,000 employees worldwide and operations in more than 120 countries. Revenue will exceed SLB Won't be long before HAL overtakes SLB and move SLB into # 3.
Do you know what I need to do to have my employment verified? This is for a credit application. Who handles this, HR? Is there a link somewhere?
I remember when people were actually shocked that someone would voluntarily leave SLB - not anymore - next upturn will see people flocking to the exits to work for the competition - many are already doing it!
The stock price is $68/share, and WTI crude oil is $47/barrel as of June 2, 2017. There is obviously no f*cking highly compressed coiled spring. Now, what are you gonna do? Laying off more people to keep your ridiculous paycheck?
https://www.justice.gov/opa/pr/schlumberger-oilfield-holdings-ltd-agrees-plead-guilty-and-pay-over-2327-million-violating-us They did their very best the keep it quiet while doing the big push. How ethical is it to do these types of things overseas... read more
Schlumberger - 27% (https://www.macroaxis.com/invest/ratio/SLB--Probability-Of-Bankruptcy) Cameron - 37% (https://www.macroaxis.com/invest/ratio/CAM--Probability-Of-Bankruptcy) Halliburton - 1%... read more
There r strong rumours that Mr. K is on his way out & IC vl be promoted as the new center manager Major shakeup coming for Stonehouse. This is being led by the PG who are p**ed of the management here.
Last year's "engage to excel" survey has shown that the "Petrotechnical experts" (PTEs) were on average much less "engaged" than the rest of Slb employees (which, themselves were not particularly engaged). The management recently decided to come up... read more
Sadly u wont get what you are looking for there are no more sweet exits, They laid me down on Tuesday giving me zero years service just a 3 month exit package and marched me out. People mean nothing to SLB its ALL about profits and keeping the... read more
Good but late reorg Poor stock performance and valuation 50% of what SLB was 9 years ago adjusted for inflation including smith and Cameron acquisition. SLB still great company needs deep management culture cleaning. Company will and must change. Who... read more
Working for Schlumberger is a Treason Dream come true if you are from another country.
I want to leave this sorry mess of a company but how can i do this and still get the financial package? I will leave too much money on the table if I just go and I am a very high performer that they don't want to lay me off. Surely some people here... read more
The CEO said the company is top heavy in management and they are specifically going to reduce managers. I am sure they will also get rid of many of the redundant positions when they combine offices. It would not surprise me if they move more jobs... read more
Last week, we had a meeting.....The New Organization will combine 32 Geomarkets into 16. Area Segment Management will be wound down and so on. This info is in the SLB intranet. Unfortunately, more layoffs is coming! When or how many, they didn't... read more
Start on 2016, SLB has 2 years plans....to cut in half the workforce. How are they doing this? They are outsourcing or hiring independent contractors to replace full-time employees. Layoffs will not stop until the end of 2018. It's sad!
How is IT working out? We've had 16 hours of downtime in the last month. Cost savings by idling the workforce is going well!
.... they're checking it twice. Watch out engineering centers, they're coming for you. Big cuts imminent.
Does the following sound like the oilfield you work in? A recent KornFerry survey found that a majority of CEOs queried find more value in technology than in their employees. If this is the belief of many CEOs then how is an employee able to bring... read more
The transformation is back and 100 times more efficient.
I'm curious about "gender equality" at SLB. Do you guys think bringing a lot of women makes SLB a better company? For example, since SLB is a service company then I guess many of you are field engineers who have to go to the fields frequently and I... read more
Get on or get out, this train is leaving the station baby