The experts seem to think oil prices will continue to dip well into 2015. Likely there will be more layoffs. Still, it's short sighted. The unemployment rate in Houston is low in Engineering. When the recovery happens, SLB will have to look at other industries and bring in candidates from out of state and deal with relocation etc... In the meanwhile, there will be others who jump ship due to the uncertainty and fear they have created. Typical Kibsgaard, the fine gentleman sucked in every position he's been in.
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Made my day... I work with that piece of shit for couple of years CEO my ass. That's how it's done. The fAK up you are the valuable you will be to them. Message received.