Topics regarding layoffs at Schlumberger Ltd.

Topics regarding layoffs at Schlumberger Ltd.

Secret of the Managers

What the ITT managers do in the closed room ? I see a lot in 4th, 5th, 6th floor doing some busy work round the clock in the closed room, are they working for some other company to keep them busy because in ITT project for employees there is no work... — read more 

Layoffs will continue

When there was busy operation worldwide and oil was at 80, revenue per employee was 280k and layoffs started. There is no much operation and oil isnt 80 anymore and operators contractual obligations are ending. If we are not earning 280k individually... — read more 

I am safe

I am safe. You are safe. We are all safe!

Attrition

People are tired of waiting for a severance package and are now resigning without any severance pay. Tough times.

Richmond Campus

Were there any layoffs from the Richmond Campus ?

more more more layoffs

My severance paid by shares, and I want more layoff: I agree with his,100%: "Still there is room for layoffs! Not enough done yet. Over past few years whoever did not have connection to upper management Or wasnt part of internal mafias of minorities... — read more 

SLB : Cruel & Biased !!!

Why No benefits when you retire ???? They even laid off a lot of older employees in the last 3-4 years right before they were supposed to get their Service Awards . SLB is disgraceful especially toward US born citizens. That's the reason they hire... — read more 

What will happen when SLB files to bankruptcy?

probability of Schlumberger filling for bankruptcy is increasing rapidly PK is still the CEO thus increasing chanced of default. What will happen when SLB files for bankruptcy? Will employees lose their deferred benefits? Will employees lose their... — read more 

As of June 22, 2017

• WTI is $42.54/barrel, heading towards $30’s/barrel with no signs of recovery. • SLB stock price is $65/share. Analysts downgraded SLB stock unlike competitors; HAL and BHI. • SLB’s probability of bankruptcy jumped up to 37%... — read more 

Current or recent layoff?

Can anyone confirm current or recent, past 1 month, layoffs in SLB locations? Alternatively, are there any locations that are staffing up?

Transformation Flop

Anyone involved at executive level with Transformation should be run out on rails. Fiasco!

PK in history

PK will go down as the CEO with the most layoffs in the oil industry

We're soon to be # 2 - what will Paal do?

GE & BHI The combined company will have about 70,000 employees worldwide and operations in more than 120 countries. Revenue will exceed SLB Won't be long before HAL overtakes SLB and move SLB into # 3.

Voluntarily Leaving SLB

I remember when people were actually shocked that someone would voluntarily leave SLB - not anymore - next upturn will see people flocking to the exits to work for the competition - many are already doing it!

They were PUSHING the employees hard when this happened....

https://www.justice.gov/opa/pr/schlumberger-oilfield-holdings-ltd-agrees-plead-guilty-and-pay-over-2327-million-violating-us They did their very best the keep it quiet while doing the big push. How ethical is it to do these types of things overseas... — read more 

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| 3730 views | | 7 replies (last June 7, 2017)
Post ID: @OP+NzGGVw4

New center manager for SHTC, UK

There r strong rumours that Mr. K is on his way out & IC vl be promoted as the new center manager Major shakeup coming for Stonehouse. This is being led by the PG who are p**ed of the management here.

New CEO by YE, but who?

Good but late reorg Poor stock performance and valuation 50% of what SLB was 9 years ago adjusted for inflation including smith and Cameron acquisition. SLB still great company needs deep management culture cleaning. Company will and must change. Who... — read more 

How to get laid off with a good package? Please help

I want to leave this sorry mess of a company but how can i do this and still get the financial package? I will leave too much money on the table if I just go and I am a very high performer that they don't want to lay me off. Surely some people here... — read more 

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| 4730 views | | 12 replies (last May 26, 2017)
Post ID: @OP+Nm8Km05

This CEO is going to try every short term thing he can to make it looks like he got the most profits so he can leave with a golden parachute!

The CEO said the company is top heavy in management and they are specifically going to reduce managers. I am sure they will also get rid of many of the redundant positions when they combine offices. It would not surprise me if they move more jobs... — read more 

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