it begins again!
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I'm inclined to think the same thing Anonymous91551 with regards to more waves, more employees...
Best guess the noted jobs are employees and not contractors. The number of contractors "released" at ConocoPhillips is 3X the number of employee layoffs to date. The contractors are the low hanging fruit. More waves, more employees...
That's correct Anonymous91506! An ADDITIONAL 11,000 jobs. Excerpts below:
HOUSTON – Oil field services firm Schlumberger announced Thursday it plans to ax another 11,000 workers, kicking off what could be a second major wave of layoffs across the oil industry.
The move will bring Schlumberger’s layoffs up to 20,000 employees, roughly 15 percent of its workforce, since it began paring back its payroll earlier this year to cope with low oil prices. The nine-month oil slump has cost the energy industry more than 120,000 jobs so far, according to oil field staffing firm Swift Worldwide Resources.
Oil equipment companies have been forced to fine-tune their workforce as they promise oil companies up to 20 percent in price reductions for rental tools, equipment and other services, said James Wicklund, an analyst at Credit Suisse.
Wicklund said it’s likely another wave of layoffs will sweep through the service industry after this year’s first in recent months, when major players announced more than 40,000 workers would be tossed from the oil-tool suppliers. It’s even possible a third wave will take place in the third quarter, albeit smaller than the first two.
Actually it's an additional 11,000 jobs on top on the 9,000.
Well, it's not an additional 11,000 jobs. It's 11,000 total, up their previous announcement of 9,000 jobs already announced back in Jan/Feb...
MAN!
http://fuelfix.com/blog/2015/04/16/schlumberger-cuts-another-11000-jobs-in-wake-of-oil-crash/