Topics regarding layoffs at Schlumberger Ltd.

Topics regarding layoffs at Schlumberger Ltd.

Give your bench a chance

It there is any meritocracy left in this company, we, your bench deserve a chance to show what we can do. I am tired to watch these so called "Champions" pontificate about what they did 20+ years ago and left me with a couple of powerpoint slides to... — read more 

Pat-Sch to go?

Heard that Pat-Sch is leaving after "extraordinary" work in growth of his bank balance. Is this true?

And HERE IT COMES

https://www.google.com/amp/s/mobile.reuters.com/article/amp/idUSKBN22X0CB

This is not a way to treat loyal employees

I was texted at 8am that I had a Skype meeting with HR at 10am. I was released, was not allowed to get my personal items from my office, was told they they would be gathered and I would be told where I could get them in June. I had to take my laptop... — read more 

Hear research in Boston took a hit

I hear Cambridge (SDR in Boston) had some layoffs. Any idea how many and how deep? Will this impact NP5 products or is research no longer relevant?

Just Hilarious

Quite entertaining to see many of the so called Subject Matter Experts / Champions / Gurus rushing to LinkedIn to sit in the front row of liking every single post that someone from SLB posts. If you want to know who is feeling vulnerable (likely for... — read more 

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| 2152 views | | 2 replies (last May 26, 2020)
Post ID: @OP+1515QHED

Layoff useful personnel and keeping useless folks!

Schlumberger is ungrateful and has grown into an inverted pyramid style of management. Contribute to the company growth for 20 years and a 3 month drop in activity... you are out. What a joke in people -technology -profit It’s profit-technology... — read more 

Letting go of the real workers

Was laid off recently and it's sad to see so much talent and hard working people Go out the door. While keeping so many layers of upper management with high paying salaries who absolutely do nothing. And believe it people there are politics involved... — read more 

Layoffs at Cameron, Coimbatore, India

Around 10% of the people have been asked to leave. People are asked to voluntarily resign by themselves to make themselves eligible for serverance package or else... The company hired a lot of people in the last 6 months although the company was... — read more 

Closing Little Rock

Closing Little Rock Valves and Measurement. We had 24/7 workforce before Schlumberger bought us. Way to run another company out of business. 450 people ....think they might keep and transfer 50. F— Sclumberger.

Oil company layoffs

Why don't oil companies lay off workers? Are they smarter than service companies or just better businessmen?

Pension Funds - long term safe?

As SLB will be bleeding money for the next few quarters and the pension funds will be under funded and sustainable? Does anyone know how strong are the company pension funds? Facts not rumours please..... Thinking about all the various ones in... — read more 

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| 5300 views | | 9 replies (last May 17, 2020)
Post ID: @OP+14RLUwgS

Repeat after me

Oil is a cyclical industry and things are bound to turnaround sooner or later. Please stop working yourselves into a frenzy over something that has happened so many times before and is bound to happen again. Yes, the coronavirus pandemic... — read more 

SLB is dying.

Jump ship with whatever you can grab before leaving. Cover your legal rights for future. Slb has lit if forefingers with some visa from a place where free speech is impossible. Those are the people who are very scared. Slb uses its muscle power... — read more 

SLB Avoiding News Coverage? HOW?

SLB has taken drastic cost cutting measures in the last 3 months. I know for a fact 1000+ have been laid off/ let go. The good thing is I’ve heard the severance package is nice and for those with tenure, you can sit back and relax not having to... — read more 

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| 263 views | | no replies yet
Post ID: @OP+14Q9ZxEd

Recovery will be slow

Most analysts are expecting Q2 to be worst so expect things to stabilise in later part of year and early next year. NAL is still a question mark but with demand picking up could see some positive signs ahead

Got the axe

Didnt survive the cut. HFE Good luck to all!

Done

North America Land is not going to recover to anything like it was - basins are shutting in and will not restart - unlike the last downturn, capital markets are closed unless you’re an IOC - and they have choice elsewhere in the world where to get a... — read more 

Richmond Ave Campus Layoffs At End Of Week

Layoffs and Early Retirements hit the Richmond Ave campus at the end of the week, just 2 weeks after they laid off contractors and some support staff, and 1 week after "strongly recommending" everyone go on voluntary furlough "for the good of the... — read more 

Plant shutdown

The Drilling Division's Moore, OK facility will shut down permanently on 6-23-20. Seventy some people will lose their jobs. There might be a couple offered transfers, but I would bet no hourly paid employees will be included.

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