Paal is so disconnected from industry and his own company. He said in Jan that no more layoffs. Then in Apr, he announces that we executed 8000 jobs.

Schlumberger cuts 8,000 jobs in first quarter in ‘toughest environment’ in decades Posted by Jordan Blum Date: April 22, 2016 Schlumberger eliminated 8,000 jobs in the first three months of the year, bringing the workforce of the world’s largest oil... — read more 

Anyone tried to gender identify to go to the womens bathroom yet at work? Smells a lot better and cleaner, just curious

Schlumberger Lays-off 8,000 More Workers, CEO Sees Darkening Before The Coming Dawn It's always darkest before the dawn. Yes, this is an overused cliche. But it perfectly describes Schlumberger CEO Paal Kibsgaard's comments this morning on the... — read more 

Good day for layoffs. Let the games begin!

Those were the words PK used in his call, he's setting it up for another bloodbath. The only good thing this time is that he now must cut those do nothing, know nothing, well connected, accented managers along with the rest of us. Best of lucks to... — read more 

I just heard on the news that Big Blue announced another 2,000 people to get booted. Who is left to do the work? Only people left are career chasers promoting their skills through SETC. I am glad to be out of that pressure induced environment. Good... — read more 

Latest rumor is they will offer to buy out your pension for a lump sum into 401k. The IRS rule that allows companies to save money expires in 2017 and is updated. Just curious. I wouldn't agree to anything since the pension guarantees 7.5% returns... — read more 

anyone close to 85 points did you receive some extra points for early retirement? in the past this normally the case but I have not heard of anyone got it this time.

This doesn't make sense at all. 125% of EPS is being given out as DIVIDEND to shareholders. This stupid decision is coming at the cost of dedicated employees. This company is going down

PK did it every quarterly conf call

It's been a year since lay off. How are you, guys, doing? What is left out there? I've thought, may be, stop by the office to see if there are any jobs to run some tools... I may still got it lol

All these layoffs are making shareholders happy and Schlumberger stock price is now at a 6 month high. Paal is making money from the discomfort of others

Crew change is tomorrow. We will lose some of our people. Be strong. Your maintenance manager is a liar. Don't work too hard. This could be your last week. Camps can be closed any time in the next 3 weeks.

It is just full of posts by people waiting to get laid off. Nobody with any real facts come to this site. Big Paal, even if he remembers how to use a keyboard, would come here and say - no more we are done. ah f--- it who cares anyway it is only... — read more 

Rumors are everywhere has anybody else heard these ? WesternGeco will undergo further fleet reductions. Dallas and Denver offices to close

"The question for us is how much the company chooses to reduce its cost structure to help stem margin degradation vs. maintaining its capability to respond quickly to a potential recovery in activity,"

https://www.thelayoff.com/t/GT6HYHh

Cameron V&M managed poorly. Actuation is a joke. Individual plants do not cooperate with each other some plants manufacture their own version of the Grove. Engineering is totally laid back. What achievements did Engineering accomplish of late? Sales... — read more 

BECAUSE OF POOR FINANCIAL MANAGEMENT, THE COMPANY HAS DECIDED TO LAYOFF IN MASSIVE NUMBERS AT STONEHOUSE UK. SURPRISE - NO BODY FROM SENIOR MANAGEMENT IS IMPACTED

Since it seems now that OPEC (specifically Saudi Arabia) will never let go of its market share and will pump until the camels come home, what do you think the price of WTI will be after tomorrow's trading day. After the failure of Doha, it's every... — read more 

I have read many threads on here that claim there will be more layoffs and that they will be extensive. Is it really true or is it just BS ?

For those who are still hanging on to their positions are grateful and stressful. For those that have lost, don't give up hope. The grass is always greener on the other side.

Guys, could someone who has been on different assignments share info how well SLB when laid off ? Did SLB cover total years of seniority?

Schlumberger had reported over $0.65 billion loss due to currency devaluation in Venezuela. Another $1 billion credit line was offered to national oil company. Such a poor financial management and the person making these stupid decisions is a sucker... — read more 

What is happening to IT and supply chain department after merger with Cameron? More heads being chopped off....

People get out of there as soon as possible. This company could care less about you .Going 21/7 cutting hours. Mi Fourchon garbage food ,living quarters, etc.

Can someone please tell me why none of the team leads, supervisors and maintenance manager got layoff yet? Everyone else got layoff, early retirement or fired as techs. However, team leads, supervisors didn't get layoff yet or fired. Instead they... — read more 

Most unfortunate situation. We had to part with more of our colleagues today. A reported 12 Management Accounts were laid off today, and rumors have emerged that another 10 will be cut tomorrow. The industry is plumaging but despite the situation... — read more 

To all my friends, family, co workers and associates at SLB Alaska thank you. Having been able to bleed blue with you all for over a decade has been a true joy. An honor, a privledge, a wonderful life. I am thinking of you all, hoping for all good... — read more 

Its part of the deal to get paid by the Venezuela government

F--- that was mean.