Thread regarding Schlumberger Ltd. layoffs

$51.31. That's your performance review, Paal.

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| 3184 views | | 14 replies (last December 17, 2018) | Reply
Post ID: @OP+VVbwJyn

14 replies (most recent on top)

we are already below 40. I guess it is time for Board to remove PK. It is really shocking that how he is still on Board

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Post ID: @Ktjd+VVbwJyn

Last earning calls said he was happy all the time, seriously happy with what?

SQ increasing

Share Price so low

Engagement is so low delaying or cancelling the survey

Beg for resources

Pricing is awful

What else is he responsible with

WTF is he happy with

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Post ID: @nvpa+VVbwJyn

51.31?

You are being at least 20 dollar too generous.

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Post ID: @cyvk+VVbwJyn

@VVbwJyn-5qdk is 100% correct. We sit here doing nothing for years now.

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Post ID: @5ugm+VVbwJyn

The guy did not steer diddly squad. He lined his pockets through ridiculous bonus schemes which end up with the small guy as some sort of agenda or the new way of stupid.

This company is a financial company foremost. The rest is just noise. It's not his company and he doesn't care unless it affects his pocket book.

$51 a share is not his result or mismanagement. Yes, he really is that useless. It is what operators and investors are willing to pay for, which by the way is still a huge multiple of its actual book value. Not sure why anybody listens to his oracle style mental diarrhea... He was found out a long time ago and he knows it...

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Post ID: @5bmy+VVbwJyn

You must be one of slb dreamer. We were on track as a technology company. After he walk in ,it all about purchase, sell....most engineer were hired is from buddy system. All they do is make power point slides and act like they found something. Talk all year long nothing is sovle and let move on to next project

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Post ID: @5qdk+VVbwJyn

He took in the company and the worst possible time and steered the ship through the worst and longest recession in history

He is still here and give him a break

This man will go on to great things

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Post ID: @2bfg+VVbwJyn

All good people who could bring jobs for slb got laid off. Who ever is here now are bunch of non-essentials.

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Post ID: @1dnr+VVbwJyn

I will love him of he brings back SP to 120$, even by selling staffs

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Post ID: @1mcy+VVbwJyn

At least he hasn't done anything as stupid as the SEMA acquisition. But he's still young and time is on his side.

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Post ID: @1luc+VVbwJyn

They think they are entitled to it, they make for poor examples of so called leadership. Paal wants a best managed company, not the Best company. He failed at every turn . All the experience is gone and the few left are just waiting till their retirement package to arrive. I will take the free paycheck like all the rest that the field workers provide.

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Post ID: @1xql+VVbwJyn

There is a guy in our office who earns 300k a year and sleeps noon! He leaves early and comes late (if he decides to show up).

I personally won't give him a dime for anything he is master of.

As far as people like this exist here, this company will swallow big time.

Paal is weak can't fire some people with connection.

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Post ID: @zdk+VVbwJyn

Check out the graphs, the share price has been in a downward trend for over 8 years and I'm sure that this is coincidental with PKs' ascendancy.. Yes, there have been spikes which the company cheer-leaders get all weepy-eyed about but the general trend is down which is not good.

This is in spite of transformations, blue this and that, E2E and all the rest of the corporate nonsense dreamt up by senior management who, if they were doing their jobs properly and adding value to their large salaries would not have to clutch at statistical straws. In the last 5 months the share price has dropped by 32% and many pension investment fund managers must be getting ready to leap off the Empire State.

Corporate investors must be gnashing and wailing especially as our US oil reserves are at an all time high and the Soviets are ramping up production like there is no tomorrow. In spite of Schlumbergers' rhetoric, they were too late getting into tracking and that ship has sailed especially here where our oil reserves at at record highs. The historical trend is down....get used to it.

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Post ID: @ita+VVbwJyn

New way of stocking, when it go down to 40, he move to slb competitor.

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Post ID: @tiv+VVbwJyn

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