Layoffs and Plant Closings WARN requires employers to provide notice only if a certain number or percentage of employees will lose their jobs in a mass layoff or plant closing. A plant closing occurs when an employer shuts down a single site of... — read more 

Cannot draw conclusions from just a few days but I remain hopeful the bottom will not continue to fall out. http://www.marketwatch.com/investing/future/crude%20oil%20-%20electronic... — read more 

Bloodbath in Beijing this week. Lot of empty desk Thursday morning... No official number they won't tell. But I estimate that indeed 8% of headcount is realistic here. Very shocking procedure: short meeting with HR/manager, pack your stuff and good... — read more 

……………..More workforce reductions are likely this year. While SLB believes the 9,000 cuts are a reasonable starting point given their 1Q outlook, management said: "If activity is lower, we have the ability to quickly cut more." We believe 2Q will be... — read more 

“……….Business is business, and the management teams of public companies work for their investors not their employees. We understand that. However, SLB raised their industry leading dividend by 25% this quarter even as they cut workers on a scale not... — read more 

“……….Business is business, and the management teams of public companies work for their investors not their employees. We understand that. However, SLB raised their industry leading dividend by 25% this quarter even as they cut workers on a scale not... — read more 

SLB does little performance based layoffs every Q1 but both 2009 and now 2015 (and probably prior) saw huge cuts and as one of the posters mentioned, the performance and early retirement make sense but a lot don't! The ones that don't are often (for... — read more 

http://oilpro.com/post/9743/9000-jobs-schlumberger-cut-just-start-takeaways-management-discus In the second to last paragraph of its lengthy earnings press release Thursday, Schlumberger (SLB) disclosed 9,000 job cuts with little explanation or... — read more 

I don't want to discourage you or anyone from applying were you to lose your primary job, but you have to report all sources of income to TWC to claim UI benefits. A side income of 35K is more than 125% of the current maximum weekly benefit amount of... — read more 

That's funny, I was digging around, I guess they are monitoring this board too: http://www.mitbbs.com/article_t/Texas/31995663.html

How did you survive?

A quick poll, in our opinion or based on your knowledge, what Texas companies will be having layoffs in next 90 days.

I am going to go on a tangent here but hear me out please. I do think there is a genuine slowdown in oil demand globally and that +100/barrel prices were exaggerated. I do realize that production went up as well, so on the supply side, we might have... — read more 

if diversity is used for hiring, then it should also be for laying off

I haven't heard of any layoffs today. Tuesdays seem to be a preferred day for cuts. Has anyone else noticed the Tuesdays trend?

Please keep our discussion polite and without profanity?

He just lost $0.5 billion on a devaluation in Venezuela due to having investments in the local currency - how stupid is that? His 22.8 million would cover many field personnel costs and bring more value to the company The transformation program he... — read more 

Anybody have any info regarding PTS or the Richmond campus? Best of luck to you all...hang in there..you will get thru this.

Does anyone know about layoffs in IPM?

Check this out. While doing rampant layoffs, he's still getting rich http://money.cnn.com/gallery/news/companies/2014/04/13/top-paid-ceos/9.html

I was laid off in Dec '12 and it was a painful experience. I just got married earlier in the year and I was the most qualified in my department. All my previous years, I had excellent appraisals and a new manager comes in and I am all of a sudden I... — read more 

I was laid off this week from the Schlumberger Rankin location in Houston...the layoffs started in this office since late November of last year starting with contractors and others who were offered early retirement. Before this happened in Around... — read more 

I work at HFE Sugar land, TX. I'm a Tech so I was a little worried. This is how I see it- They let go people that should be retired by now but are just building their pension.As well as People that had poor reviews because of their attitude,lazyness... — read more 

http://abc13.com/business/schlumberger-confirms-9000-layoffs-coming/476864/ http://www.usatoday.com/story/money/2015/01/15/crude-oils-collapse-will-cost-9000-jobs-at-schlumberger/21826189/... — read more 

I've been in class the last couple weeks and I've had 7 people get phone calls from their management to let them know they will be on a plane the next day because they have been laid off, five of them were wireline (not sure what districts) and the... — read more 

i hope they are going to fire the management who were responsible for this huge loss for doing business with venezuela in the local currency whilst all the other service companies get paid in usd and refused to take on business in bolivers This... — read more 

we have heard through the rumor mill that we will be facing our layoffs tomorrow. (Fri) I am an original Pathfinder guy who got sucked into the big blue and it sucks. There is only a handful of us that have made it to this point but I really wonder... — read more 

"SLUMburger" to lay off 112% of there work force!!! I would not trust big blue with a dog turd.

Many years at this monster. When I went there in 1999 I knew better due to input over the years as I worked for other companies prior. Low pay for number one. I went to rumored better group/location. I had heard good or better things about Gun... — read more 

Do not post from a Schlumberger computer (even your SLB laptop from home) – They have the right to track your internet activity if it is on their computers. Protect your identity – do not give enough details that would make it possible to know who... — read more 

This is the short (official) answer as per SLB guidelines. Results may vary according to different criteria, i.e. who you are. Non-exempt employees get 1 week pay for every year of service up to 13 years. Exempt employees get 2 weeks pay for every... — read more 

Just list your location if you all had layoffs over there

Deep cuts

Just saying, I see a fairly good benefit here as we exchange info - Schlumberger is notoriously secretive and this gives us a bit of advantage over the management

http://fuelfix.com/blog/2015/01/15/schlumberger-to-cut-9000-employees/ --- Schlumberger said Thursday it will cut approximately 9,000 employees – around 7.5 percent of its workforce around the globe – as both petroleum prices and oil-company spending... — read more 

Schlumberger profit plunges 82% but beats estimates, to cut 9K employees Jan 15 2015, 17:19 ET | About: Schlumberger Limited (SLB) | By: Carl Surran, SA News Editor Contact this editor with comments or a news tip Schlumberger (NYSE:SLB) +0.6% AH... — read more