Here is my math - In Feb 2015 Charged off $296M, 9000 workers laid off --- April 2015 Charged off $390M, 11000 workers laid off --- Dec 2015 Charged off 350M, 8750 workers to be laid off. So, it boils down that we are spending about 35K to 40K per... — read more 

http://247wallst.com/energy-business/2015/12/01/schlumberger-outlines-more-layoffs-ahead-of-cameron-merger/

Contractors are street smart, they share 10% of their hourly rate with their managers, 5 % with HR.... Contractors able to complete their weekly work in 30 hours and bill 45 hours, stupid employees work round the clock deliver nothing.....You stay or... — read more 

This is from a fairly reliable source. Take it with a pinch of salt though, but given the 350M charge, I'd say this is accurate

SLB was the last O&G I ever worked for. I am glad I didn't go back a 3rd time when they called me. I told them "thanks, but I'll pass this time. Twice was one time too many." Getting out of the O&G business was the best thing I ever did. All the best... — read more 

https://www.thelayoff.com/schlumberger/active

Can someone calculate how many cuts we'll have based on info released today (e.g., if we are saying 350 million in restructuring charge, does that translate to 3500 layoffs)?

On December 1, 2015, Schlumberger announced that it will further reduce its workforce. The number of cuts was not specified in the SEC filing, but the company said that the layoffs are in light of expected reduced activity for 2016 and to streamline... — read more 

http://seekingalpha.com/news/2958066-schlumberger-to-cut-more-jobs-book-350m-restructuring-charge?app=1&uprof=45#email_link

Oil-field service kingpin Schlumberger (NYSE:SLB) sees two clear trends emerging: Oil prices will rebound in 2016, but oil-field service activity will not. That's largely due to Schlumberger's view that drillers will begin to hoard cash when oil... — read more 

16 Total in Katy 5 so far from Katy MWD/LWD Mfg.

Walked out the door

NO MORE LAYOFFS, until Thursday!

Any layoffs at Rosharon lately? If not, maybe the next two weeks will bring unpleasant surprises.

Because Turkey finances ISIS and buys it from it for $9/bbl

NGC sending their Techs everywhere. From short term assignment to transfer. The layoff is knocking on. Jim, please lay me off . I need my severance pack.

Bad news. It's going to be a sad holiday season. Layoffs on the way.

http://www.zerohedge.com/news/2015-11-26/oil-jobs-lost-250000-and-counting-texas-likely-see-massive-layoffs-soon Upstream cuts are coming at refineries etc and pipe makers. It's pretty grim.

sound like MIS worker spoil and lazy. You work in mud not hi tech wireline or directional drilling. MIS need to shut up and work harder.

Having said that, I hope the people here are not representative of Schlumberger employees since I am interviewing with Schlumberger and I would want to work with people of higher caliber.

Yall better stay in yall house and don't go shopping. Don't use money that u don't ve. Yeah I m talking to u and u. Credit card is the money that u don't ve. U ll be in serious debt dummy. Layoffs if the corner. Save ur money stay home. Work is slow... — read more 

Got laid off this month after 10 plus years . Got a new job already . Yes their is life after schlumberger! I recieved info in the mail about the 401 k plan and how if I take my money out and distribute it to another 401k I will not receive the... — read more 

HR are currently identifying candidates for redundancy in the Testing segment in Aberdeen. Employees who have been with the company for less than 5 years are the only employees at risk.

True that!

So, HR rang me and gave me the old "we will look for another role within SLB first before laying you off." Sorta thing. Just wondering, out of 100 what chance have i got of this even happening and finding a job in slb? Just kinda seems like a... — read more 

Have you heard that there might be some changes to our standard severance package #SLBSEVERANCE

What is included in the redundancy package in Scotland? What does SLB offers?

150 made redundant this week in Aberdeen. Surprised no mention in the local media at such a huge job loss in the area and the effect this will have on the families affected!

http://www.fool.com/investing/general/2015/11/19/5-revealing-quotes-from-schlumbergers-ceo-about-th.aspx

Is iLOA concept is real or just another way of kicking people out?

1:30 pm we will begin the layoff process, I'm sorry to inform the people at NGC youngsville but due to budget cost and the way the market is going we are going to have to let a few go. We understand that its tough on you and the families but it's... — read more 

Ponca plant is laying off right now.

http://www.telegraph.co.uk/finance/oilprices/12006554/Goldman-eyes-20-oil-as-glut-overwhelms-storage-sites.html

Way to go Paal! Keeping all your staff highly motivated and supporting your transformation......