http://fuelfix.com/blog/2015/04/16/schlumberger-cuts-another-11000-jobs-in-wake-of-oil-crash/
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Baker is next. layoffs at the end of this month
A 2011 survey by Schlumberger Business Consulting (SBC) said more than 22,000 senior “petrotechnical professionals” would quit the industry by 2015. But in reality these senior “petrotechnical professionals” did not quit in 2015 so their management went ahead and fired them to fulfill the prediction. Don't worry. In 2017 Schlumberger will be one of the first major oil service company to complain about the historic and terrifying oil skills shortage.
Schlumberger has put financial priorities ahead of worker welfare:
During the 1st quarter, Schlumberger repurchased 8.7 million shares of its common stock at an average price of $82.98 per share for a total purchase price of $719 million.