So they laid off the only person who promoted the SETC promotion ladder. Nice.
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If by people they mean shareholders, then yeah.
With some math, it all make sense:
(minus) people (plus) technology (equal) profit
With some math, it all make sense:
- people + technology = profit
LOL. Yeah. Sooner or later SLB will land a big contract order for lots of equipment. The bad part is 2 fold: 1) Most people in all divisions with a wealth of experience/knowledge have been laid off, quit or retired. Good luck with the inexperience people designing, manufacturing, assembling and testing it correctly. The people that are left will be ragged out and spent without compensation. You will get the default answer: "Be glad you have a job." 2) You make it past 1 somehow and get the equipment out in the field. There are no people left in the field to run the equipment. I did hear one SLB division say they are making clients sign waivers that allow them to run the equipment. OK. How good does that make you feel especially knowing how much clients really know about SLB's equipment? Here is a spoiler, if the product isn't ran correctly, it's SLB's fault. If the equipment doesn't work right, it's SLB's fault when really it's Operations from the client who screwed it up to begin with. However, they will not tell SLB that. Go figure.
Gavin First. Everyone else later.
I think you heard wrong. It’s:
- Profits.
- Profits.
- Shareholders (they’re people right?)
- Profits.
- Technology (only if cheap and can be used to lay-off more people.
- Profits.
- Share price
- Profits
- People (Lol)