Thread regarding Schlumberger Ltd. layoffs

This is not good

With 30% cuts to the budget, I'm betting there'll be even more layoffs than we originally suspected. Some of it might be mitigated with pay cuts, but I doubt it'll have too much effect.

https://www.houstonchronicle.com/business/energy/article/Layoffs-pay-cuts-loom-as-Schlumberger-plans-to-15153483.php

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| 3441 views | | 3 replies (last March 26, 2020) | Reply
Post ID: @OP+149Cs9Tj

3 replies (most recent on top)

50 people Rankin rd, What? Let go!

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Post ID: @1euz+149Cs9Tj

The challenge is the 30% means higher percentage in certain locations, as labour laws protect employees in certain countries.

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Post ID: @dqf+149Cs9Tj

50 people on rakin road could be worse ..

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Post ID: @jka+149Cs9Tj

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