as long as the top man gets his bonus and options grant you all mean nothing... there is no remorse in all of Paals communications for the lost employees and their families, margins rule, nothing else matters
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Wireline UK layed off over 40 this week and 30 last month, this will continue everywhere not just UK until only the regional CRE are left intact. Time to invest in a freight company handling all those shipments in the name of asset utilisation....transformation bonus for managers assured.
Tough luck if the tools don't work at the few jobs that are run...that's if they get to the Wellsite on time. As for encroachment work forget it, tools won't be there ontime.
They are generous only when it comes to backhanding to keep their job or get another one thru long-mastered community academic and technology paths. Bravo! Bravissimo! They beat any other oriental community in this regards. There has got to be a specific correction to the US State laws with increased population of these folks, e.g. in TX, NYC, MIami FL, etc. Houston, TX in this respect is pure much similar to BC, Canada. Our presidential candidates suggest building walls and monitoring the Muslim refugees. There is a certain and substantial concern regarding the latter as one bad apple can spoil a barrel of good ones. The former doesn't really represent any technological threat nor does it threaten by job. However the subject folks do they as they are cheap in any sense. Like hyenas, they unite and eat you alive when they feel you are weak... I am a wolf but beware of them especially in the environment created by this company.
Schlumberger loves curries, lots of them, everywhere, all making high level engineering, business and operation managers. I am all for good people but these guys know how to gang up and game the system at all costs (maybe that's what it takes in this company). Down the drain any and all human decency
Bunch of curries researching the universe, writing long and convoluted reports on something that has no practical basis and kissing asses of their superiors for giving them a permission to use their names on the patents. We all know what kind of BS you do there and in Sugarland. Piss off of the site.
nothing to research? Schlumberger Doll Research brings in people for interviews every week and 0 firings
Our company just cut their 401k contributions. We keep hearing even toilet paper too.. we had 2 rounds of lay off this year with used to be 300+ employees in 3 locations now seems the next one were the last of the elite team..rumors around our shop says this is the end of this jobs. 2 best friends got laid off on monday from 2 different shops across the city..
Right - the layoffs are "over". He wasn't lying, just left off the key words "for today". More on the list every day this week and managers making more list as we speak.
It's a product of oil prices driving less client spend and their procurement departments & buyers leveraging desperation in a saturated service market.
When their aren't enough resources to do the oil companies work they have to get done, we will quit laying off. Until then accept the reality of a public company driven to make profits by wall street analyst and the shareholders. Quarterly results matter more than long term results. Give a dog a bone for rolling over and he'll do it again and again. Give Paal a load of options for hitting his quarterly results and he'll make sure he does it again and again. 🐩
Two laid off at Houston Rankin Logistics dept. and two laid off at Smith Edmonton, Canada shop. Sure there are more out there.
I find it quite humorous that people are saying that no more layoffs are happening! Especially when people are saying they have seen recently that employees have been let go! So you are just going to call multiple sources liars! WTF ever!
Now, a H1B visa is only issued by the authorities if the company cannot find a colonial to do the job and can prove it....kind of says it all really...
bhaarat mahaan
Makes sense they need the savings from hiring H1B workers to pay for do nothing European managers. They will hang on to those exported managers till they couldn't then you wish you're one of those poor colonials (as US is still the leading economy:)
Colonials couldn't pour piss out of a rig boot that had instructions on the sole
You need European managers like me in Sugar Land as you colonials couldn't manage your way out of a wet paper bag
and East Indians on H1B visas, all in engineering and science position doing design and research whilsts there is nothing to design and research.
in SL - especially frenchy morons, managers due to nationality not skills
I heard that Sugar Land campus still full of do nothing managers, mostly European they said:)
The slow trickle keeps it out of the news. Expect a lot more to trickle out every quarter. SLB has plenty of management , contractors and engineers to cut, that is where the big money is.
"I got laid off out of Houston today and at Treasures as we speak!" I can't think of a better venue to reflect (but then I visited that even when I was fully employed)
Layoffs are still quietly taking place. Witnessed some last week and expect more. Mgrs. made "layoff lists" last fall in their groups and from what I can tell those lists are being followed for the most part. Ole Paal didn't have good things to say on Monday and SLB expects a 16% lower revenue than the Q4 2015. Oil will come back, but most of us will have to stock shelves at Wal-mart or pump some gas for awhile.
You guys know nothing - that's why they treat you like mushrooms feeding you sh-- and keep you in the dark. I got laid off out of Houston today and at Treasures as we speak!
The layoffs are over.
"the state of things" is full blown "crisis" according to your beloved ceo http://www.investors.com/news/schlumberger-dont-hold-your-breath-for-ep-recovery/?ven=YahooCP&src=AURLLED&ven=yahoo
Tell that to the people that got laid off at our location today.
Despite all the crap you see on this site, the layoffs are over until they re-evaluate the state of things in late June. Any more cuts would come in July.
None Yet :)