I was laid off from WesternGeco in Houston last week. Was anybody else laid off from the Richmond Avenue offices last week ? Actually it was a blessing in some ways the whole place has been like a morgue for a long time. The morale really sucked. Not... — read more 

Any news on layoffs here?

Paal has asked us to start mindfulness training for laid off employees soon. If you think this would be of interest please comment with your reason for wanting to attend this training. Thank you HR

I hear rumours. When is this happening?

Anyone has news about Rankin? When? How many? How soon?

Looks like ngc hit shared services this week to prep for field cuts next week. Lafayette and Houma has pending base closures looking at Smith acquisition sites. MI Swaco looks to be rounding up more with workers idle in the office who use to be... — read more 

http://www.zerohedge.com/news/2016-03-23/why-oil-prices-are-about-plunge-again-31-million-barrels-floating-storage-are-coming

Have compassion and faith we will all prevail.

Price is headed into the teens or lower towards the end of this decade and beyond for a couple of reasons. America AND the world ate quickly moving towards alternative energy and the industry support. This technology is already in place, well into... — read more 

Several let go today and yesterday across different offices. Operators, technicians, engineers. Jah bless

Guys We all work for a company who made hay while the sun shone. They increased prices and never passed on the massive profits they made to the people making the profits. Now the biggest downturn in almost living history happens and Schlumberger... — read more 

Maybe good or who knows but oil went up last week a little and today I saw gas in South Texas at $1.77/Gallon at Walmart. Wishing all the best.

Everyday I see another post about someone from Schlumberger complaining. You entitled mother f---ers, EVERYONE is in the same boat. SLB is laying people off, YOU guys are getting laid off. Every segment is seeing layoffs. We are losing rigs. You're... — read more 

I worked in the Dallas office for several years and it is the most mismanaged office in all of SLB.

We will make it though, if we have to go somewhere else.

Is there any truth to the rumors about the Richmond Campus getting hit again soon?

Conversation overheard in restaurant by two very senior execs. USA to undergo massif cuts in all segments at all levels. Up to 60 percent was mentioned. One was even saying that they did not think that even their job was safe. Didn't catch the due... — read more 

http://www.thestreet.com/story/13494513/1/is-schlumberger-setting-up-for-a-selloff.html SLB promised to buy $10 billion of it's own stock back (which will be flushed down the toilet).

When do u get notified after the 12 months is over on iLOA??? Because ot says that if there are no available positions after your 12 month period your contract of employment is terminated and you receive the inbound payment.

U.S. oil prices fell over 3 percent on Monday on concerns a six-week market recovery has gone beyond fundamentals, as U.S. crude stockpiles continue to mount and Iran maintains little interest in a global production freeze. Market intelligence firm... — read more 

HOUSTON -- The low price of oil is bringing on more uncertainty for a big chunk of Houston's economy. Thousands of layoffs have rocked the oil and gas industry, and there's no clear picture of when things could get better. KHOU breaks down the... — read more 

HOUSTON — Companies detailed more than 900 energy industry job cuts across the state to Texas regulators, as the industry continues to struggle amid low prices. The cuts affect both production and oilfield services companies, according to Texas... — read more 

March 10, 2016 The most timely and comprehensive data on the Houston economy is the payroll employment report. This monthly release tracks overall job growth, but also provides significant industrial detail on the local economy. Always an essential... — read more 

PARIS (AP) — The organization that represents major oil-consuming nations said Friday that signs of a market that has "bottomed out" are emerging. The Paris organization, however, said that the recovery in crude prices in recent days from multi-year... — read more 

Houston-based National Oilwell Varco Inc. (NYSE: NOV) plans to close a Houston manufacturing facility and has already begun cutting jobs. The facility at 16211 Air Center Blvd., near the Hardy Toll Road and George Bush Intercontinental Airport, will... — read more 

For many oil gas workers both in the U.S. and around the world, the current oil price malaise may mean layoffs and struggling to find a new job. A new report from the Hayes Group highlights the challenges in the sector. The report found that 93... — read more 

Low crude oil prices are finally starting to reduce American oil production. The price of oil has fallen more than 70 percent since the summer of 2014 largely due OPEC’s output and a surge in American oil production from hydraulic fracturing, or... — read more