Anyone on here at reduced pay now? Just curious.

We as a company have decided to go back to our roots. We are only going to run resistivity logs, if you can't read 'em, and you don't know a water play when you see it, don't let the door hit you in the arse.

With 30% cuts to the budget, I'm betting there'll be even more layoffs than we originally suspected. Some of it might be mitigated with pay cuts, but I doubt it'll have too much... — read more 

A gem: https://www.slb.com/who-we-are/hse/covid-19

Surely the board of directors will not recommend a share dividend this year... Stock tanking below $13, $12bn loss, doing jobs at less than cost, oil hitting $25 and less, too much oil, shale in North America going down, down, down. Surely not... — read more 

The annual election of SLB board of directors is on April 1st. Except for our new CEO and two others, the rest of the board was elected during the PK regime. Instead of complaining about our lot, let’s change the game. You can do this by voting for... — read more 

El Reno yard to be closed within 2-3 weeks

I totally dont agree with the last post. it is true that the industry is cyclic. however the cycle has shortened so bad. it is every 4-5 years now. but the problem is being laid off or someone is feeling joy other people are losing jobs. the major... — read more 

This is so sad. So much unpredictablity. So much pain. I am sorry for all people who are affected. I retired in 2015

Oil price is always been center of economy and it will be for many more years to come. Feeling happy from this chaos isn't humane behavior. Just saying.

What's happening at Florence? How many let go? Which function?

Was just told that there are layoffs occurring across NAM. I know of a few that were let go from my M-I Swaco facility today (3/18/20).

Lay offs should happen by the end of the week. Oil is on its low leak so get ready to for layoffs.

Trump finally admitted that we may be headed for a recession. Ya think?

Where are they happening?

It really didn’t take long. And trust me when I tell you, it’ll get much worse before it gets better. Good luck, all!

Severance is 1 paycheck a year of service for exempt and 3 months of medical

This will be master thread to report layoffs in Sugarland ...

"Our profit-sharing program is a discretionary program designed to reward our employees when the company achieves superior profits and performance for our shareholders. In 2019 our earnings remained significantly lower than historical levels and... — read more 

How soon before we start having layoffs?

Potential for huge savings and profit improvement

Worse than the previous rounds of layoffs in as many years. Anyone seeing this message, share what your seeing in your locations. Sugar Land is quiet, but I can't help but wonder how the workforce may be affected. Share your thoughts.

What's our next step? What needs to be done?

now that the fearless champion of buzzwords and no execution has been refocused on a non issue ....

Any update on if they will be laying off anyone from rankin rd in the manufacturing department if so what percent are they laying off?

People from all departments and production laid off on January 31st. Escorted out the door. No goodbyes. Now plant manager’s last day is tomorrow and controller is leaving next week. People First???

A few people were cut this week at the Houston PSC. Don't need procurement no more? People first or money first

What's the biggest location, what's the overall employee count and how many employees work at Houston?

Good to be back in business n making money

Any bets on what the future holds for slb?

One crew running spot work at no profit and another running regular, how long will the site stay open? Most are shipped out to South Texas and Shreveport. Empty bays are becoming a daily occurance. Hope of signing a second contract for two crews... — read more 

and have a "need for improvement" grade. this is the 3rd time I've received this grade in 4 years. Should I be worried?

I have heard that 8% will be the average. Can anyone confirm?

Rumors in SIS are that Aachen (Germany) is to be "rightsized" soon (again) whereas Norway's headcount keeps ballooning, with two third of the Nonsensical Pipe Dreams budget allocated to DELFI. Geomarkets got rid of Principal to Advisor-level... — read more 

When is the Gatwick office shutting down?

Does anyone know when this will happen or has this been canceled?

Rumor has it they are shutting down M-I Swaco Galveston, Texas, January 1, 2020

Major shake up of completions and artificial lift segments coming in Q1 next year. Expect a rough 2020 as with no investment in anything other than digital services we are losing out to competition left and right.