Thread regarding Cameron International Corp. layoffs

An SLB/CAM town hall meeting - what you need to know

It basically covers how great a synergy this is for both companies and how Cameron employees will benefit from new career opportunities inside greater Schlumberger so no need to worry or cause any integration problems or start looking for new jobs as your career is safe with us.

Reality:

  1. The higher management team running these meetings will be getting huge bonuses when the deal closes and they don't want you the employee screwing that up

  2. They will say that everything will be done fairly regarding any compensation integration but SLB personnel are lowly paid so Cameron employees can expect reductions

  3. Managers in key Cameron management positions will be replaced by SLB men so look around the room and ask who will still be there 6 months from now

  4. Within the second year most of the Cameron managers will have been pushed out and career progression and top jobs will be given to SLB people as these new SLB managers will not trust cameron people

You will be continually told there is nothing to worry about but do your research and talk with ex SMITH managers to find out what really happens.

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| 741 views | | 5 replies (last October 13, 2015) | Reply
Post ID: @OP+DVnQN7n

5 replies (most recent on top)

The penultimate restructuring is going on by Cameron and it will lead to RIF by 30%, once SLB walks-in another RIF by 40% before 1st quarter

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Post ID: @1Uye+DVnQN7n

They want you to leave when THEY want you to. But hey stick around and at least collect your little package.

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Post ID: @1aNV+DVnQN7n

its true....I just went to one of them and made me sick

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Post ID: @TPG+DVnQN7n

I am not surprised. That is how Corporate America rolls! They "string you along" until it is time to LAY YOU OFF!!

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Post ID: @uLB+DVnQN7n

this sounds terrible

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Post ID: @maT+DVnQN7n

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