Topics regarding layoffs at Schlumberger Ltd.

Topics regarding layoffs at Schlumberger Ltd.

Took 25% of pay bonuses housing allowances

This is ridiculous! Schlumberger laid off everyone and those left cut their pay and incentives. Schlumberger hasn’t been the best at pay for the past ten years. SLB is gonna pay when people will get better jobs and pay because they cheaped out. If it... — read more 

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| 5270 views | | 18 replies (last May 26, 2020)
Post ID: @OP+14xUb4bd

Breaking News

You heard it here first. SLB and WFT to merge and will be officially announced next week.

SLB Canada

What is the reason, we still have a very expensive office and staff in Canada while there is zero operations in Canada, all their work can be done either by India or Huston.

Sugar Land

Layoffs happening this morning in Sugar Land as we speak. Good luck everyone.

Eased the pain

Getting laid off was made so much easier when I thought of the big fat check SLB wrote to rebuild Notre Dame.

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Post ID: @OP+14uP7ib7

This wait is nerve wracking

This isn't like waiting and worrying about regular layoffs. We all know how hard it's going to be to get a job after all of this is done and the world returns to (relative) normal. Being laid off right now is much scarier than being laid off just a... — read more 

Pay cuts for all

Now SLB is reducing pay and comp that way they will pay less in severance. So now when they lay you off it costs them less.

Will furloughs turn into layoffs?

What are the chances all of us will return to work at Schlumberger once coronavirus is a distant (or not so distant) memory? I'm thinking plenty will simply see their status changed from furloughed to laid off sometime during the next few weeks (or... — read more 

Too bad for the average joe...

Seems over and over and with more frequency the whiter you are the more apt to be the first on the list. A/B ratings, top performers, dedicated, doesn’t matter, they will keep an under performing employee for 1/2 the wage, then realize they need two... — read more 

Enclave -ITT

Will Enclave will reopen? or they moving fully the ITT to Pune?

Rockies?

What do y'all know about the Rockies? Who is staying, who is leaving? Closing completely?

Friend laid off in Katy, SDR

So far I have only heard of one. Are there more? That s on the engineering side.

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Post ID: @OP+14qZdCuB

North Slope Alaska, All rigs to be stacked out

SLB and all other service companies will be affected. Good time to purge bad managers and bad employees and start over fresh when things get better. Of course none this will be fair. If you don't have a good relationship with your superior, look out. — read more 

Lawsuits follow

I will be curious to see varieties of lawsuits that will follow after this layoff announcements. Few of these I can foresee : s-xual harassment Racial discrimination Whistleblower Exploitation Misuse of immigrant visas .. — read more 

Sugarland layoffs

I am hearing conflicting news. Many contractors were let go with 2 weeks notice. There is company wide 20% salary reduction and furlough. Are there any fulltime employees layoffs so far? If so when they are coming? I am hearing - some early... — read more 

Any word on new hires?

Any word on SLB's status for new hires? Have a cousin set to go somewhere in Louisiana, would be a real shame if they took back his offer.

40 more Layoffs plus Demotions in Little Rock

People First policy hit the people again With layoffs for second time this year. Much experience building valves just ignored. Turn in uniforms and escorted out. Money first!

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.

Biggest disappointment

Schlumberger is the BIGGEST Disappointment in a company in my entire life!! They keep people that watch movies instead of doing their jobs, people that are never ever I their office do to smoke breaks and restroom breaks - they smoke, go to their... — read more 

Life in the oilfield

Unfortunately this is the nature of the beast we call the oilfield. I retired after 34 years with SLB, and during those years we went through many of these down turns. I wish the best for all involved, just know this will turn around it always has, ... — read more 

SLB monitoring

I always wonder if SLB has anyone that monitors this Web page to get employee sentiment.

Leave of absence is coming

NME geomarket management is asking for all employee whose utilization is low to take leave of absence with no salary. No matter whoever, if your workload is low or zero, just wait for LOA, and this will not affect the management because they are very... — read more 

This is what you get

What you are seeing now is the result of every single decision being based on “how will this effect my PIP”. Poor planning over many years and through many executives who have only cared about themselves and their friends. Field and factory workers... — read more 

Schlumberger - Time to Cut the Dividend!

Its actually past the time to cut the dividends on the common stock. It should have been cut when the markets were in free-fall and there was panic built-in. Now, employees being let go and furloughed, yet the company continues to pay more than... — read more 

Furloughs

As expected Furloughs are making a comeback. 5 days per month starting April 12th. Involuntary or Voluntary. Who's planning on volunteering?

Up Front with Olivier

Now it really seems that layoffs and the lot are on the horizon. I also feel that the executive team is not taking enough of a pay cut in terms of percentage, as 20% is not much at all considering they make so much money. "People first", my a–. — read more 

Gavin’s announcement

Today Gavin will do an announcement. At least the expectations are they will introduce voluntary/mandatory furloughs. Any other facts what is coming?

Okc layoffs

I here most of okc is leaving, to much money on payroll not enough work, and yes this company has always done this hire/ fire

Reeves County

SLB is still running in Reeves County. They keep ordering sand. But it is slow. 7 or 8 loads of sand per day.

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