Oil glut is going from bad to worse, EIA supplies hit 80-year high (ouch) and will remain to be at this level for a while. Q3 layoffs are 95% certain.
History lesson
1997 oil price $60-$70 per barrel. Number of SLB employees c70,000 2015 oil price $50-$60 per barrel. Number of SLB employees c120,000 Need to get rid of 40-50,000 employees.
Still waiting for severance.
I'm glad I got a package after 6+ years, but after 4 weeks I'm still waiting for my severance, insurance money, and final bonus check. Has anyone had the same experience.
FORBES- OIL LAYOFFS STORY
http://www.forbes.com/sites/christopherhelman/2015/03/16/oil-layoffs-itemized-75000-and-counting/ I work in an entirely different field and may be laid off this year and My heart breaks for you all and my prayers are with you all :)
No less than 8 H1-B positions on billboard
so where do you think the.company is headed?
Laid off in Nisku AB
Engineer in Nisku AB in their bits division. Had a few layoffs, but there was no indication from manager or higher ups if I should start looking for new jobs with upcoming layoffs. Then got laid off this morning. Had just come off Paternity leave... — read more
This is how layoffs are done in Houston
They brought in some older guy who looked like a cross between a third rate attorney and the Allstate TV insurance salesman. They walked by the cubes late the afternoon before termination, because I stayed late to finish important work for a... — read more
People at SLB are metric data
Face at, SLB has always been best at squeezing all the juice out of the best people, and when the time comes to cut, - just chunk the rind out the window. Oil business is about extracting nasty fossil fluids with lots of plumbing and some... — read more
Layoffs in Medicine Hat Alberta? Any word?
Just wondering if there was any word or rumor about more layoffs in medicine hat alberta?
Layoffs in provo
People are getting sent home also, in Provo, ut.... sad with no warning nothing...
Production hit a low, and they layoffs
A good amount of workers got sent packing... we just dont know if we will have a job. Its annoying how the company doesnt just a heads up, time frame...
How many more in Houston Offices
Are we having more layoffs in Houston? Please share if your location was hit recently. How many? When? Where?
Well, I was laid off and got another job, now they are laying off
Not me, yet, but others who have been there longer than me. It's also energy related and I look to face another layoff next month. (that is just my speculation)
How do they decide who's getting laid off? Anyone has any information about the layoffs in south Louisiana?
South Louisiana here, Stressed because we don't know when our time is coming. Why are they doing it this way? Is very stressful and it makes you question everything. Is hard to not believe rumors.
Anymore layoffs still going on in march? Are they done now for time being?
Whats the feedback out there?
Got my PIP
$20k
Job search support - check out this site its great!
http://www.rileyguide.com
Helloooo....HR here again. How are things going for you all today?
Can we help with anything? Any questions and just post them here or send them in an email to ASKHR@slb.com We are here to serve you as best as we can.
Protected people
Distribution of nationality in fired people is significantly unbalanced in one of centers I am working. I do not know about other centers but certain personnel seem protected from their N+1 managers even if their performance is worth than others on... — read more
Geosolutions
what's going on with Geosolutions, does anyone have any info?
Any Layoff Rumors Here?
Another employee with "Meets Expectations" (Jus this year) Concerned.
Any Layoff Rumors Here?
Another employee with "Meets Expectations" (Jus this year) Concerned.
More layoffs next week
Managers all got letters this week on who gets fired! Expect to see layoffs next week. This behavior from SLB HR will continue all year.
When are SLP3 ratings done?
This week?
Reporter hoping to talk to survivors
My name is Ryan Holeywell, and I'm a reporter with the Houston Chronicle. I've interviewed quite a few of you for articles I've written about the layoffs in recent weeks. The next story I'm writing is about how the layoffs are affecting morale at the... — read more
Blood bath in sugarland
Hfe,,hps and hcs ...scores being let go... I am still here..my roommate was just walked..
Payout
I was laid off last week. All I want to know is what the formula is for working out my payout. It's like pulling teeth. I'm not willing to sign any paperwork until I know this. Anyone else having the same issue?
More Layoffs Coming to Texas!
Just found out from a very reliable source that there will be West Texas districts shut down and moved to Midland!