Schlumberger, Halliburton, Baker Hughes and Weatherford International – have either cut or planned to cut 58,000 jobs this year in response to the collapse of crude prices.
http://fuelfix.com/blog/2015/07/27/halliburton-baker-cut-workforces-deeper-bringing-layoffs-to-27000/#28502101=0
Well I can assure you it sucks a big red also. You all think you have it so bad. They are fighting same bs we are fighting. The only difference is red from blue. Oh you think it sucks now! Wait until merger! Let's just hope it doesn't happen. Thank gosh schlumberger controls the EU Union. Sch doesn't want merger to happen at all. Also USA and EU Union are giving so much head ache for red and blue. It it was going to get approved don't you think you would be seeing things going forward? Uh but no! Complete silence and everyone left in dark. So you do the math! Something's up!!!
Wish the merger would hurry up we getting hit with oil price and merger so sucks at baker Hughes
Layoffs will continue till the end of the year.
In the Houston Chronicle last weekend - to date 176,100 oil & gas job lost globally, and counting.