Those were the words PK used in his call, he's setting it up for another bloodbath. The only good thing this time is that he now must cut those do nothing, know nothing, well connected, accented managers along with the rest of us. Best of lucks to you all
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You are talking about "well being of the employees"--- are you idiot?
The ceo is using this crisis to streamline the workforce the way he wants so as to showcase Schlumberger balance sheet when things turn, at the expenses of the company's long term capabilities and the well being of the employees