Thread regarding Schlumberger Ltd. layoffs

Does anyone know the severance package this round is greater than or equal to 6 months pay?

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Post ID: @OP+B8ADXAZ

8 replies (most recent on top)

6 months Is better than HES 13 weeks.

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Post ID: @lgBM+B8ADXAZ

One week for every year. I got 6.4 weeks

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Post ID: @3XOq+B8ADXAZ

2 weeks per year. The cheap pricks!!

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Post ID: @32Se+B8ADXAZ

To add to the below; its being offered to specific people and most of those people are dual career.

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Post ID: @Jlm+B8ADXAZ

its not a severance package..those who are getting offered 6 months salary are being offered an incentive leave of absence.

They are being asked to leave for a period of 6 months after which SLB will either have the option to bring them back or not. I believe there are restrictions in place such as non-compete etc.

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Post ID: @wMS+B8ADXAZ

After taxes it'll be about one month of pay.

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Post ID: @QZR+B8ADXAZ

Ours was just enough to cover insurance premiums for a month...nice huh?

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Post ID: @E66+B8ADXAZ

Zero for you

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Post ID: @MbX+B8ADXAZ

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