Anyone know when restructuring will begin ?
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?
Just wondering for what reason my IP is blocked!
There are always two sides of each story, if a public company lay offs staff, share holders are more happy, just saying
And HERE IT COMES
https://www.google.com/amp/s/mobile.reuters.com/article/amp/idUSKBN22X0CB
Layoffs at Briarwood
Any news?
ITT SAP at Enclave
Any layoffs at money drain which is ITT SAP at Enclave
2009 then 2015 , now 2020 what's next?
2009 then 2015 , now 2020 what's next? I can't imagine how SLB survived 2015 to 2020, with the deep cuts done back in 2015 and PayPaal at helm
Has Anyone Successfully Fought For More Severance
I know it's all supposed to be confidential, but has anyone heard of anyone successfully fighting SLB for more severance? Just wondering if it's been done in the last 6 years.
I'm Really Trying to Understand the Strategy (if there is one)
I've been lucky so far but I feel like my time is coming. I've seen so much good talent let go over the last few weeks. I've seen it at all ranks too. From field hands up to geo-market level managers. I'm an M-I guy for 16 years now by the way. Not a... — read more
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
Any Layoffs In Houston — are they doing it by phone?
Just curious any word on layoffs in Houston this week. Also are they doing it in person or by phone since the offices are closed until June.
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
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
Schlumberger cuts US citizens and green card holders and keeps cheap temp. visa holders
Schlumberger discriminates against US citizens and green card holders in favor of cheap temp. visa holders. Report cases of discrimination to USCIS at: https://www.uscis.gov/report-fraud/uscis-tip-form
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.
Word on the street MORE RESTRUCTURING
Looking like there’s going to be no one left by the time they’re finished
Oil company layoffs
Why don't oil companies lay off workers? Are they smarter than service companies or just better businessmen?
More Layoffs coming to Houston and closing down two locations.
New article out. https://abc13.com/schlumberger-layoffs-firings-covid-stock/6161820/
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
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
Our people are our greatest asset
Until you get to a certain age, grade and cost. Then you are gone.
18 million reasons Schlumberger is on the wrong path
Former Schlumberger CEO Paal Kibsgaard made $19 million per year and now gets $2 million per year for "consulting". Current Schlumberger CEO, Oliver Le Peuch makes $18 million per year. Schlumberger stock is down 86% since 2015. How about... — 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
People laid off at Schlumberger seem to be less angry than Halliburton
I wonder why. Better culture at Schlumberger?
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
North America update?
Any updates on North America locations?
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
Anyone from HR got terminated
Did anyone from HR got the axe? Is Schlumberger becoming a management & HR heavy organisation?
Oil price recovery, pause the layoff
Oil price is recovering now!!!!! Will it be wise for HR to pause layoffs for a few weeks?
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
Any news on wireline Aberdeen layoffs?
Just wondering what the scoop is with any layoffs or furloughs for wireline in Aberdeen
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.