Thread regarding Schlumberger Ltd. layoffs

How will the low oil price affect us?

How soon before we start having layoffs?

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| 3621 views | | 13 replies (last March 31, 2020) | Reply
Post ID: @OP+13U1VC6X

13 replies (most recent on top)

Yes sold rankin campus and couple of product lines , but slb still has production and office staff there.

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Post ID: @ljjd+13U1VC6X

To the person that mentioned Rankin - we sold that last year.

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Post ID: @kgue+13U1VC6X

Two weeks ago, the Williston, Nd yard laid off about 30 Frac hands. We're down to two crews from seven. Maintenance was cut hard but I'm not sure on the numbers. Current sustainability of the two crews are unknown

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Post ID: @4hbo+13U1VC6X

All the best folks. Was laid off end of last year and still looking for work... All of my ex colleagues and friends, best of luck.

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Post ID: @2hnu+13U1VC6X

At least 2 in Cheyenne and about a dozen transferred to Texas wire line

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Post ID: @2xaw+13U1VC6X

Have not see. Or heard anything at SL, fake news. But am sure it is coming soon.

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Post ID: @2ger+13U1VC6X

Heard there was a big layoff yesterday?

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Post ID: @2sex+13U1VC6X

I'm going to office tomorrow with meeting with HR......first of many to be laid off

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Post ID: @2kxy+13U1VC6X

Sugar Land then rakin road is what I'm hearing good luck everyone we going to need it..

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Post ID: @1bkw+13U1VC6X

ya i hearing that they close down sugar land, tx yard, so my guess is right now.

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Post ID: @1uie+13U1VC6X

They've already started. Gotta preserve those PIPs at all cost.

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Post ID: @1yyg+13U1VC6X

Bonuses all round obviously. When shares hit $10 we get a 1 way ticket to an extended vacation as well so keep up the good work!

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Post ID: @nvh+13U1VC6X

Considering I don't see it'll go up any time soon.

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Post ID: @oqu+13U1VC6X

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