No 2018 profit sharing. Typical.

OOOF. no CEO seat for you.

Lots of people firing Schlum these days. Something like two dozen in Sugar Land so far this year! People are no longer valued and with no more merit increases, I guess this is what they want to happen so they don’t have to pay severance.....

So who are the losers now then?

Any correlation with these prices and the purchase of Smith? Was buying them for 10 billion too much?

Talk about a Transformation. Since PK took the joystick in 2011, SLB has lost $60 billion in market cap, laid off 70 thousand workers, guided the share price to lows not seen since the Financial Crisis of 2008-09, received indictments and paid fines... — read more 

The transformation is garbage. All the comments I have read in this post hold some merit. If you aren't a "Yes" man, don't agree with upper management, or care about your co-workers, then you are brushed aside. There is no room in the company anymore... — read more 

More changes are coming. I was down in Sugarland Friday and overheard two managers speaking that more layoffs will be happing at our in Rankin facility and these jobs will be filled with D&M engineers. This seems to be a neverending saga between SLB... — read more 

Guess where Paal landed? 23. Seems about right. https://www.asyousow.org/report/the-100-most-overpaid-ceos-2019#introduction-2019

There is often no logic to how it happens. They say there is but not really. A manager doesn’t like you, you’re gone. You’re too old, you’re gone. You’re too expensive, you’re gone. You don’t hit targets, you’re gone. You’re not sycophantic enough... — read more 

Rockwell a company which is getting hard time from small starups in iot field joining slb! Another stupid move by slb leadership

I heard that many production people will get sent to Sensia. Rumours around that others gonna get the shaft. What do we know?

You have a second chance and given alll thatvyiu learned what could you do to avoid being laid off? As a new employee I would love to learn what not to do as well as capture all the lessons learned here so I can keep my job until a very healthy old... — read more 

can we expect a new way of posting? Engage to post? Any other potential initiatives?

See a lot of people are celebrating the possibility of a complete switch of leadership, I would advise thinking twice before being happy with that. While I'm no fan of the current leadership and realistically the company can use a change, with new... — read more 

The Spring revolution is coming, mid year and with it many people will go out through a small golden door.. CEO, EVP tech., CFO and who knows maybe the Digital organization and the platforms with it... What are their greatest non PPT successes since... — read more 

Since the purchase of this segment/group our earnings, service quality and delivery has suffered. We are no longer the company we were prior to. I, for one, look forward to Olivier taking over the reins of SLB and the jettison of product lines and... — read more 

This Reuters article talks about the appointment of the new COO as just the beginning of a process of changes and shifts in high-level management. Even more, it talks about this process as something that’s imminent, even though I haven't seen any... — read more 

Got laid off today from WesternGeco Richmond Campus - Nice

The reasons : Global travel opportunities Superb training Excellent compensation Access to cutting edge technology Great people to work with Best in its industry

Company is totally lost now and our clients don’t know wtf is going on The only way we can win business these days is undercutting everybody else on price while eroding our own profit margins Here is just a brief list of our most recent strategic... — read more 

he tanked the stock price last year, so participants of the H2 2018 DSPP can buy shares at $33, receiving a 35% premium over market price at the day theyre granted! thanks paulie!

More Layoff at Eademtoy Drive to happen very soon!

It’s time for Ex-Employees to file Major LawSuits On Greedy Biased Schlumberger..... Pathetic How many foreigners Schlumberger hires in its US based plants & offices. Then Schlumberger sends jobs overseas for cheaper labor without any Government... — read more 

Did you get rid of all of the dead heads that are/were running Cameron? The biggest bunch of losers are/were running that place into the ground prior to the acquisition. Last I heard the same lame managers and C-suite were running Cameron, while the... — read more 

Speedcast International announced in an official statement that it has appointed Sebastien Lehnherr as the new company COO. He previously held various executive functions at Schlumberger. Is this just a random transfer to another company or is there... — read more 

We had a MBA graduate from INSEAD applying for a job. He is transformation deployment manager. My boss asked him what is your job about. He started BS about transformation and how it is making company leaner, efficient and best in industry. My boss... — read more 

I decided to stop complaining about Schlumberger and do something about it. I'll be starting my new job in a few weeks, leaving this place behind (hopefully) for good. I once used to enjoy working here but those days are long gone. I wish all those... — read more 

Better or worse than 2018 ? More layoff or no more layoff ? Better working environment or gets worse ? How slb will keep or increases its market share ?

SLB does not know how to run mud companies so lets get back to a minority shareholding and let someone who does know how to do that run MISWACO. Rumor is that QMAX will take over the company.

I come here to read comments and replies for a good laugh. It really cheers up my dull and pathetic life and makes me feel like a worthy human being. But you must do better because the Chesapeake site is even funnier. Got to go now. Toodles.

To go out of business? That's the only explanation I can find for some of the latest decision Schlumberger has made. In all honesty, it's hard to watch sometimes what's happening to the company, what this incompetent leadership is doing to it. I can... — read more 

They are dragging us down. Take BDT Badentoy as an example - the business makes no sense or money, We constantly need to send them payroll and the majority of the staff all appear a bit camp.

Is slb generating enough cash to pay dividend? My understanding is biggest cost is highly paid employees, so slb should decide, dividend cut or cost cut.

Help help let us know what is going on My 17 years of work is tied up with the company For the love of all things...please let us know

Please help us

Grade 12 and above is where the layoffs will Target. What are the chances this is true?