Thread regarding Schlumberger Ltd. layoffs

SWT 20% cuts and no pip next year

Even though Delfi project is a success and we already have clients, we were "advised" to give up 20% of our salary for a 4 day week.
Wrong decision from management to hit us in the SW sector when the world is becoming digital.

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| 3381 views | | 22 replies (last April 21, 2020) | Reply
Post ID: @OP+14nLxG61

22 replies (most recent on top)

To the geniuses that where saying that oil is more important than data go check the oil price. If SLB became a data company instead of an oil company we would be now much better off.

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Post ID: @duhy+14nLxG61

I’m a subsurface consultant running real projects with operators, I don’t use Delfi because I need the software to be reliable.

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Post ID: @crnw+14nLxG61

Delfi is too expensive and doesn’t deliver anything tangible to subsurface. Customers aren’t currently interested in doing things better for the massive price tag, they are only interested in affording to do things at all.

With the exception of DrillPlan, Delfi doesn’t give anything of note. Operators just want to afford to operate.

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Post ID: @clhp+14nLxG61

Post ID: @6rxc+14nLxG61........ You have got it in one. Respect!

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Post ID: @7omu+14nLxG61

One example - when while oil and gas is Microsoft heavy ( at least USA), these people went with tight coupling with Google cloud u stead of being cloud agnostic.

This says it all - about their technical prowess and futuristic acumen.

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Post ID: @7kew+14nLxG61

Best time to kick those false egotistic managers, center heads who are leading the software projects. Specifically the people in key roles having no technical background. They can’t contribute to technology nor product rather become major stumbling blocks in progress. They seriously lack even people skills. All they bring is 20+ years of slb experience. They have become frog in the well. Thinking that’s what they know is best. There is nothing better exist outside.

I have heard that building 200 has many of them.

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Post ID: @7ahc+14nLxG61

That’s what happens when u have more PhDs doing clerical work and kissing asses and smooching whoever pleases them.

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Post ID: @6bzg+14nLxG61

To be fair, most economic commentators were predicting that oil would be sub $30 in 2019....apart from the geniuses at Schlumberger.

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Post ID: @6pgb+14nLxG61

'Delfi project a success'...... Have you any idea what the word 'success' actually means? You really sound like one of the Schlumbot engineers who have no comprehension of profit versus cost.

Let's get this straight for any losers desperate to cling on to their non-productive jobs.....
1) Oil price has been heading south for years; nothing to do with covid19
2l There is way too much oil which is why the price has been slipping - nothing to do with the virus....
3).... Which is why Schlum. was pulling out of NAM well before the virus.
4l The Schlum. share price has been declining over 5 years in spite of the staff who have been wasting money on shares and who, drone-like, keep repeating the mantra, 'they will go up soon. They are clearly ignorant of simple economics and cannot be trusted with $$$.
5) Delfi, like most Schlum projects, is over-hyped and costly, especially when oil will remain sub-$30 for a long, long, long time.
6l Anyone who believes that Schlum., in it's current top-heavy form, is going to boom after this virus should resign in shame for being thick as the Rockies as they are part of the reason that Schlum. is in this horrific mess.
Smoke and mirrors coupled with prodigious chest-beatings are what Schlumberger cheer-leaders are only good at.

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Post ID: @6rxc+14nLxG61

I understand data is the new "oil". Let's run data analytics on my 2012 Toyota Camry car .... all nice and a 100 page beautiful looking PowerBI report is ready .... let's insert that report into my car and expect it to run smoothly with no human interference? It will be the best ride of the century. Running data analytics on drilling holes will help in reducing errors but that still doesn't take away the fact that with an experienced person and a stable, reliable high-quality tool there will be lesser errors to begin with, vs getting a new hire and/or a bad tool, or an incompetent supply chain that provides tools too late.

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Post ID: @6nfx+14nLxG61

You aren’t that important.

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Post ID: @5cde+14nLxG61

I m in software too, haven t heard anything about PIP though. Vacations are good here so no rush to jump ship. Even with 20% cut this quarter. Digital is meant to replace field hands, to reduce cost. It s not gonna be crushed any time soon. I m worried about manufacturing though.

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Post ID: @2uqy+14nLxG61

Who said data is new oil- the guy who funded Facebook and Twitter.

Good luck bro. Looking for oil in wrong places.

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Post ID: @2dhc+14nLxG61

Data can work if u can make it work. data is new oil - u are not in google or facebook business. Oil is getting screwed. That to upstream is screwed heavily. Where u will extract oil from data? Improve efficiency and performance. This is possible with few smart asses. Not dumbsters.

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Post ID: @2hwy+14nLxG61

Wow wow too many haters here. The only chance slb has to be great again is through Machine Learning and Data. If we don't understand that, we are doomed. Period. Data is the new oil.

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Post ID: @2rsw+14nLxG61

Delfi is Managed using 20 year old strategy by wrong people at wrong places taking wrong decisions. Even their marketing s—s.

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Post ID: @2kol+14nLxG61

Everyone is getting hit here. Secondly Delfi isnt a godsend to the oilfield. Who the f— is going to pay for digital sh– when there is literally no activity in NAL...

Secondly digital is really just smoke and mirrors.

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Post ID: @2kup+14nLxG61

Leave now before the market is flooded with former SLB, HAL, etc. Boo hoo on your PIP. Equipment operators have slowly had field bonuses elminated over the past several years, in addition to no raises (or paycuts for CTS and MI).

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Post ID: @2nwt+14nLxG61

F— your PIP. The blue collar workers haven't gotten on in over 3 years you entitled f—.

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Post ID: @1sbi+14nLxG61

Everyone associated with Delfi should have been fired long ago.

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Post ID: @1jjz+14nLxG61

Delfi was NOT a success by any normal measurement.

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Post ID: @1uxu+14nLxG61

Lots of software opportunities around Texas and around the U.S. that I'm looking at. Lots on non-oilfield positions even in Austin. Brain drain will hit and many SLB projects will be left hanging. Two weeks notice hitting a "high visibility" project is possible at any time... then WHAM-O... delayed!!!

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Post ID: @wbs+14nLxG61

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