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.
What will Paal say on workforce reduction in investors call
Layoffs are over. We are at right size now. We have hit the bottom and only recovery is expected now
Layoffs in other geomarket beside NAM
Please post country and segment which layoff happening or happend recently.
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
R2.1 Go-Live Date
R 2.1 go-live delayed further ...So more layoffs coming
Top gets new titles, middle level workers pay the price
SLB is famous for cutting people to save the bottom line but this time they have lost the plot, they were suppose to re-org the company to get rid of what they admitted was one of their problems being to top heavy but all they did was move them... — read more
Tuesday in all of Houston area will be a blood bath
Tuesday in all of Houston area will be a blood bath. This includes sugar land, rosharon, RESLINK, and everywhere in between
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
Workforce destruction at Ponca
Is the workforce destruction complete at Ponca plant?
Layoffs to be announced at SHTC, UK
Layoffs will be announced in SHTC in the last townhall meeting of Centre Manager before he moves into new role!
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
Q2 2017 Schlumberger Earnings Conference Call on 07/21/17 at 8:30am
I am so excited to hear from Paal, Simon(s), and Patrick again! Last time, Paal told us to think new and act new. Before that, he said we are sitting on a highly-compressed coiled spring. What do you all expect to hear from them this time?
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?
Total number of layoffs at SLB and acquired companies over the last 3 years
Does anybody have an idea of the total number of employees that were involved in 'rightsizing'?
Transformation Flop
Anyone involved at executive level with Transformation should be run out on rails. Fiasco!
"Kipsgaard is leaving to become Minister of Energy for Norway!
Rumors have it that Kipsggard is leaving to become Minister of Energy for Norway!
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.
Schlumberger Verification of Employment
Do you know what I need to do to have my employment verified? This is for a credit application. Who handles this, HR? Is there a link somewhere?
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!
Paal and minion executives, what are you thinking? What's your next brilliant idea?
The stock price is $68/share, and WTI crude oil is $47/barrel as of June 2, 2017. There is obviously no f*cking highly compressed coiled spring. Now, what are you gonna do? Laying off more people to keep your ridiculous paycheck?
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
Probability of Bankruptcy as of May 30 2017
Schlumberger - 27% (https://www.macroaxis.com/invest/ratio/SLB--Probability-Of-Bankruptcy) Cameron - 37% (https://www.macroaxis.com/invest/ratio/CAM--Probability-Of-Bankruptcy) Halliburton - 1%... — read more
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.
Engage to excel, Petrotechnical experts and Management objectives.
Last year's "engage to excel" survey has shown that the "Petrotechnical experts" (PTEs) were on average much less "engaged" than the rest of Slb employees (which, themselves were not particularly engaged). The management recently decided to come up... — read more
They laid me down on Tuesday giving me zero years service just a 3 month exit package and marched me out
Sadly u wont get what you are looking for there are no more sweet exits, They laid me down on Tuesday giving me zero years service just a 3 month exit package and marched me out. People mean nothing to SLB its ALL about profits and keeping the... — read more
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
SLB : Another Treason Dream Company
Working for Schlumberger is a Treason Dream come true if you are from another country.
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
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