Topics regarding layoffs at Schlumberger Ltd.

Topics regarding layoffs at Schlumberger Ltd.

Slb laying off 10%

Covid-19, the oil downturn, the financial crisis - all these were caused by global events affecting the market and required layoffs. This time it’s all on SLB management - 10% of the company headcount is to be reduced. And who will feel the effects?... — read more 

The leaders will support us all!

https://simplywall.st/stocks/us/energy/nyse-slb/schlumberger/news/schlumberger-insiders-sell-us24m-of-stock-possibly-signallin Glad to hear that the noble leaders of Schlumberger are backing the company to the hilt. You may care to remember that the... — read more 

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Post ID: @OP+1q6MUB85

I like working here

Not sure if this will ruffle any feathers or not but I personally really like working here. I've been reading some posts on this forum and I was kinda surprised with how these posts are leaning towards the negative. I didn't have any negative... — read more 

Insider share dealings.

Interesting to note that no insiders have bought any SLB shares in the last 12 months although quite few insiders have sold parts of their holdings for $mega. I would have thought that as management keep repeating that 2023 is going to be a bo-m... — read more 

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| 2432 views | | 5 replies (last February 4, 2023)
Post ID: @OP+1l0eiTxj

It's all about favoritism

I don't remember favoritism ever being as rampant as it is now. It used to be somewhat hidden, but now managers very openly favor certain employees. Some of them quickly climb the corporate ladder, regardless of their lack of skills and talent... — read more 

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| 3161 views | | 3 replies (last December 17, 2022)
Post ID: @OP+1jtIyvEl

Law number 5 OKC

Let’s start here: “Reputation is the cornerstone of power: through reputation alone you can intimidate and win; once it slips however you are vulnerable and will be attacked on all sides. Make your reputation unassailable. Always be alert to... — read more 

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| 2031 views | | 3 replies (last November 2, 2022)
Post ID: @OP+1jf0n8VH

cameron resurrecting

few years ago Cameron was merged with SLB and due to some legal issues in certain countries, and due to this reason the merger might be null and void and that means Cameron is resurrecting in June 2023. Welcome Cameron Back, SLB go back

Pushing out the over 50s

seems they want to get rid of long time workers over 50 one by one so doesn't look like layoffs. rumor is that's happening at several locations. my colleague told by boss he was over the hill & that new workers being hired to replace him & that his... — read more 

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| 4011 views | | 6 replies (last September 13, 2022)
Post ID: @OP+1isnZ4IC

Growth offshore

The CEO said he sees the offshore oil sector as a major driver of growth, anticipating 50% growth in offshore investment over the next four years compared to the 2016-19 period. This is an excerpt from a slightly older article... — read more 

Going to a smaller company

I think it would feel very odd to go to a smaller company after so many years here, but there are many who say they are very happy after just such a decision. I still find it hard to believe that smaller companies offer better benefits than here... — read more 

Hiring challenges

I am still doing the work of colleagues who left a while ago. The company replaced them with new hires who, in my opinion, are not at all competent for those roles. So I'm wondering, is SLB having hiring issues? Can they not find adequate... — read more 

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