Thread regarding Schlumberger Ltd. layoffs

Is the 20% pay cut here to stay?

Could it come back again?

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| 5571 views | | 14 replies (last July 28, 2020) | Reply
Post ID: @OP+160Baf3v

14 replies (most recent on top)

It will take 10 years if you have that long to get it back. They paid my severance at the 20% reduced rate. The scurvy rats are sailing the ship there is a life after big blue. If you are in NAM get off the boat !!!!

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Post ID: @aeol+160Baf3v

20% staff cuts are imminent.

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Post ID: @6scv+160Baf3v

D&M sent out furlough emails last week

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Post ID: @5isp+160Baf3v

Think blue I’m assuming you’re in the US are you salary or hourly.

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Post ID: @4rlg+160Baf3v

The furlough is still continuing in the UK until August 4th. You are slightly misinformed.

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Post ID: @4tdv+160Baf3v

Stop the disinformation campaign. The furlough program ended on June 30th. That was announced.
There is no doubt that further consolidation will occurr with the reorganization. The question is how deep given the revenue fall.

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Post ID: @4hyu+160Baf3v

I hope the company folds like wet paper....I’d get off that sinking ship ASAP.

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Post ID: @2fgd+160Baf3v

I'm using this time to bolster my savings. The Grim Reaper isn't done yet. More heads will roll, it's inevitable.

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Post ID: @2kcx+160Baf3v

The pay cut is here to stay. Once everyone accepted it, it was a done deal. I do think there will be more than 20%. As long as the COVID19 is around, nothing else is going to change. Probably only get much worst.

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Post ID: @2ist+160Baf3v

I was under the impression it was only going to be through the second quarter? You all really think it will extend through quarter 3 and worsen to 40 percent ?

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Post ID: @2sbf+160Baf3v

Doubtful. Will probably increase to 40% cut.

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Post ID: @2yqp+160Baf3v

Salary and staff. Wait until the 24th.

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Post ID: @1han+160Baf3v

What segment?

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Post ID: @1svz+160Baf3v

Prolly so

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Post ID: @1ufb+160Baf3v

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