Thread regarding Schlumberger Ltd. layoffs

Schlumberger Wins Part of $3.2 Billion Drilling Project in Venezuela

The company's market strategy completely lack of any consistence. Just a few months ago, Paul announced that we would be pulling out of Venezuela market and thousands of employees were fired to survive on their own.

Ar the same time, secretly the company stuck a deal with PDVSA that no one has any idea how we will get paid for the work. Remember, how many hundreds of millions we wrote off due to currency exchange rate loss and uncollected debt?

Now we are crawling back like a dog. What a loser!

http://www.wsj.com/articles/schlumberger-wins-part-of-3-2-billion-drilling-project-in-venezuela-1474497600

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| 1951 views | | 2 replies (last September 22, 2016) | Reply
Post ID: @OP+Jvl8D0P

2 replies (most recent on top)

No chance ever of payment with the people of the country starving. Smart move out of desperation.

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Post ID: @epj+Jvl8D0P

More free drilling expected from hollow pockets

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Post ID: @gtc+Jvl8D0P

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