They way they talk, post, like and comment... What do you think?
Why is there such a disconnect between senior executive management compensation inc. bonuses and our share price?
Does serial underperformance and dreaming up failed "new ways to work" and "transformation" initiatives merit multi-million dollar compensation packages while the share price tanks? Surely its time for a shareholder revolt to oust these fraudsters.
Why are Schlumberger managers people management skills so terrible? Don’t they recognise the importance of this?
I have seen high performing senior managers from some of our acquisitions resign and join competitors because of the terrible disrespectIve and egoistic way they are treated by some of the senior SLB management. This costs the company huge amount of... — read more
How are we getting people to join?
Everybody knows by now about constant layoffs at Schlumberger and the way the company treats its employees. Just a simple Google search will show that to any potential employee. So how are we managing to still rope people in? Who is desperate enough... — read more
This will not end well
The problem with the company is that Schlumberger has never developed anything from scratch, instead relying on buying in technology or companies then singularly failing to evolve the technology or even beginning understand it and then dumping key... — read more
SLB management
After laying off all the people with skills truly needed for oil industry, SLB management now focuses on their next daydreams of digital era and robotics... Even before the downturn, SLB management was always detached from reality. Why do you need... — read more
SLB .......
It’s a company with a prestigious past. Today it’s a beast eating itself. Way too much process- not enough individualism and innovation. Let’s see what happens?
SLB overpaid 20+ hourly people. Got an extra week.
Everything is supposed to be automated so how did this happen? Something funny going on.
Drilco
So why all the external hires ? Is none of the existing management getting a look in ? Is fishing really going to be Red Baron ? Red Baron for real ?
worst company ever
after laying off thousands and thousands of good employees to cut the cost, it hired almost same number with no experience. most upper management are disconnected from realities. ceo failed miserably to lead the company (as per another person, if he... — read more
When is the last day of PK ?
Or these all are fake nuz ?
What will happen to the Drilco team now that we're about to be sold?
Will we get our pensions? What about my vacation and sick leave?
Notre Dame
When will Schlumberger setup system to pay more money to Notre Dame. ? I can't wait to donate my profit share award
Well broke an selling off another company The SLB way
https://www.rigzone.com/news/schlumberger_in_400mm_deal_to_sell_drilling_assets-15-may-2019-158842-article/
Slb is heading toward WFT destiny
Sinking... sinking...
what is happening with stocks
what is happening with the stocks? it is declining so bad. I thought SLB has good prospects with all the new digital era and transformation
P&LS Permian to layoff 124 employees
https://www.rigzone.com/news/schlumberger_subsidiary_cuts_jobs_in_permian-09-may-2019-158798-article/ "Product & Logistics Services LLC (P&LS), a subsidiary of Schlumberger Limited, is ceasing operations at its facility in the Permian Basin... — read more
SLB Drilling Fluids MI-Swaco Posting huge Profits
Drilling Fluids seems to be the one stable product for SLB. You can't drill a well without drilling Mud. Just need to get the management of drilling fluids right so that they hire and keep the right people. Managers tend to hire people that are... — read more
Been caught drinking and driving in the company truck and wondering if there is any way SLB can find this out?? I will be fired if they do ?
I realize I was a dumb--s for doing this but it was a one off and I won’t do it again. The cops didn’t say anything about my employer so I am thinking I am in the clear but not sure Does anybody know what could happen here? Thank you kindly for any... — read more
Layoffs expected to come to cost centers
Layoffs may to cost centers including - Admins/HR/Procurement/Research centers (Nerve centers...). Better start pretending you are digital, born digital, work digital whatever that means ... talk open source like your executives without understanding... — read more
Good job, Paal
Stock was up to $48 before the Noggie opened his mouth at the earnings call. Ever since then the stock has gone straight down.
Do you want to know how dark is the future of slb ?
Check this out, slb ceo bough slb shares only once https://www.ceo-buys.com/search?tickers=Slb And the volume? You be the judge.
Major Layoffs coming...
Sugar land centers will be laying off soon. The PTC transfer is failing miserably, more management to be let go.
oilpro has gone
What is a good social network for E&P now?
Walkout in protest - 1 May 2019
To All Schlumberger employees in Europe: Stage a walkout at 10 in the morning on 1 May 2019 in protest of management decision regarding donation to Notre Dame at the expense of employees' salary, profit share.
Stock being downgraded
Now being valued at $35.00 a share (9 x FY’20 EBITDA) - looks like a major RIF coming? The glory days are well and truly over.
1 million Euros!!??
No raise, no profit sharing but 1million Euros for Notre Dame. Sounds about right.
Cameron revenue outside north america
how much revenue did Cameron make outside north America - compare year on year (mar 2018 vs mar 2019). You will be surprised to see the vision of Paal in action
Rosharon - Update
Rosharon, ummm uhhhh quiet. any news? are they even still there?
Reverse Circulation
Looking at some advice on how to reverse out 28 days aged beef from my swimming pool. Does the layoff community have any useful tips?
More Florence Kentucky products going to China.
Getting ready to shift more and more manufacturing out of the Ky plant to the China facility. Sad day.
Ofs canada
Can someone educate me why we have Schlumberger office up north in Canada while there is no job or client left ? Why we are loosing all these good techs in Houston and we are keeping idle bored people in Canada ?! Time to shut Canada office down.
The debt mountain at Schlumberger is massive and turnover is heading south.
Schlumberger hates anyone under G10 as it perceives them to be uneducated. Instead Schlumberger relies heavily on management with degrees from the Ivy League......these are the same people who have managed to navigate Schlumberger to a nearly 50%... — read more
Will there be pay raise for G10 & below in 2019?
Will there be pay raise for G10 & below in 2019?
Does anyone know what is Delfi ?
This keeps coming up in LinkedIn
2020 end of PIP
Hearing Band 5 and above will still get it.
Smith Bits
I hear bits are divesting. A little bit of this and a little bit of that. Any news ?
Sanction violation again
https://seekingalpha.com/news/3448734-schlumberger-employee-interviewed-sanctions-probe-ft
2019 No more: Profit Sharing, Merit Raise, Mobile Benefits
Part of 2019 HR official objectives are to reduce costs across the board - No more Profit sharing, no more merit raise and no longer extension of mobility benefits... pretty bad for highly specialized personel who were asked to move out of their... — read more