Yea. No more MI SWACO furlough in Q4. But they just layoff some MI employees in Asia. Good luck guys
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Apparently reassuring promises that only bind those who receive them.
Time to create a Schlumgreener Segment and embrace the robust eco-friendly technology development over the next decades.
More than 300B$ were invested in 2015 in renewables and figures keep growing!!!
Didn't say anything about job cuts however. If they don't cut more jobs by the end of the year, they will for sure come January 1. There is simply not enough incoming business to sustain the current headcount. Even if oil prices and rig count numbers do climb, we lag so far behind these market indicators that we will be forced to continue to terminate employees.