Last week, we had a meeting.....The New Organization will combine 32 Geomarkets into 16. Area Segment Management will be wound down and so on. This info is in the SLB intranet. Unfortunately, more layoffs is coming! When or how many, they didn't... — read more
2 years plan!
Start on 2016, SLB has 2 years plans....to cut in half the workforce. How are they doing this? They are outsourcing or hiring independent contractors to replace full-time employees. Layoffs will not stop until the end of 2018. It's sad!
De Reorganisation
Whot hoppen?
IT outages
How is IT working out? We've had 16 hours of downtime in the last month. Cost savings by idling the workforce is going well!
They're making a list ....
.... they're checking it twice. Watch out engineering centers, they're coming for you. Big cuts imminent.
No value in the workforce?
Does the following sound like the oilfield you work in? A recent KornFerry survey found that a majority of CEOs queried find more value in technology than in their employees. If this is the belief of many CEOs then how is an employee able to bring... — read more
Think New, Act New or you will be laid off........do it my way or its the highway
The transformation is back and 100 times more efficient.
Impact of "Gender Equality" on SLB
I'm curious about "gender equality" at SLB. Do you guys think bringing a lot of women makes SLB a better company? For example, since SLB is a service company then I guess many of you are field engineers who have to go to the fields frequently and I... — read more
We are now the meanest and leanest oilfield machine in the world - lets go make more money for our investors.
Get on or get out, this train is leaving the station baby
? Why Weatherford
1 Huge Reason : Weatherford shut down manufacturing in US & moved it to China . Cheap Labor ... $.50 cents an hr. US should only do business with Companies that doesn't move manufacturing overseas & heavily tax any imports of products SLB... — read more
NO BODY LEFT TO GET LAID OFF? NO, NO, HELL NO! HERE ARE SOME EXAMPLES FOR NEXT LAYOFFS.
Useless executives - There are just too MANY. SETC management - Another example of useless management Managers with less than 5 people in their reporting lines - Just not needed Managers trying to look busy by tossing papers - There are still many... — read more
Surely there cannot be anymore major layoffs
How can there be anymore major layoffs with nobody left to lay off ? Maybe the posts from a while back were right and there will be only 65,000 staff by the end of 2018. PK is a f---ing imbecile
Another setback for ITT
Just announced, NAM deployment schedule is pushed out for the 3rd time? I lost my count
I am drinking heavily tonight with my buddy and my truck
Tomorrow I will lose my job and just don't give a hoot anymore It feels kinda neat to go out on my terms and a rebel to the end of my time in big blue
The mother of all restructuring is coming and it will transform the company.
More cash for shareholders and less people cost = Transformation May god bless those about to be laid off
Paal = Pinocchio
Pinocchio (aka Paal) is a liar. He lied about "compressed coiled spring". He also lied about "layoffs" so many times!
Layoffs "Priority" at SLB
Say you're a typical SLB HR / manager and had to let some of the following go during a layoff season: 1.White woman, 2.White woman on H1B Visa, 3.Black guy, 4.Black guy on H1B, 5.Asian woman, 6.Asian woman on H1B, Black woman, 8.Black woman on H1B... — read more
Why is SDR so protected?
I have seen people transferring from HFE to SDR to find a safer spot. Why is SDR so protected? Also, robotics research in Schlumberger? Really?
Stock price and WTI
Stock price 71.36 and WTI 46.16, what do you make of that?
ITT R2.1 is heading for another postponement!!
will the ITT R2.1 will go live as expected in July or delayed for the end of the year?
Most recent survey: Schlumberger employees are miserable and sad
slb employees making rounds at OTC networking and sharing resume
What will engineer a change?
The key question is: what will engineer a change? I see no such catalyst until our competitors beat us at the software game. In some sense, that is already beginning. Some fast and nimble start-ups are already making inroads into areas where SLB just... — read more
SLB Lotto Jobs
12345-6 #s of SLB EXCELLENCE You're Right on Target chances of keeping your SLB Job... Could end up anywhere in the world ... China India or Mexico $0.50 an hr min wage etc . Worldwide SLB choices are limitless & the winner is ??????? FACT: Small... — read more
Tougher on foreigners
All the foreigners that got laid off definitely are disgruntled & negative cause it's going to be tougher on them to get hired again.
Scam cycle ?
That's the problem with monopolies. Too many stock market investors & not enough results leads to huge scam !
The New Strategy - Giving Latin American Oil Companies Money to Buy our Integrated Services (but not getting paid)
With the death of the transformation can this new strategy deliver and will we ever get paid by these bankrupt Latin American companies?
The company is 30% smaller, balance sheet is weak
2 years of T and the company is 30% smaller, balance sheet is weak, there are no new products on the horizon, Cameron turned in a loss, Smith/GeoServices integration is a joke. And guess what: that big compressed spring is just not there. No wonder... — read more
Transformation: where is it?
Check out the latest SLB earnings call transcript. There is no mention of the Transformation. That makes it 2 quarters in a row where the Transformation is not mentioned by management when talking to analysts. Is the writing on the wall for the end... — read more
SWT (Software): Attrition wave coming
SWT (Software Technology) was started with so much pomp and show, especially with the new center in the Bay Area. However, there haven't been any raises for 3 years now. And with the retention initiative out this year, very limited number of people... — read more
During the conference call for Q1 2017, Paal said
He said he would "Think New and Act New". Did he mean New Layoffs and New Transformation?!
Has working for Schlumberger made your life ...
better or worse.
Italy Shutdown
To those currently in bits manufacturing Italy, as soon as the Ponca relocation is near complete Italy shutdown will begin. Heard this was originally slotted for around July.
Segment change
Does anyone know how to get reassigned to another segment of your choice, without *ss-kissing any manager in the process?