SLB management is clueless in terms of what needs to be done to weather the current storm. The only nimble reaction from the management is laying off all the workers. There has been no real transformation for the management. Now the question is what's going to happen to this already broken company if the oil price never reaches over $60?
7 replies (most recent on top)
The downturn is now the new normal. Management heavy and costly companies such as Schlum are really going to feel the pain in this and next quarter.....you have been warned.
good people, smart people, senior people, etc. you're victim of your own success--you making a little more than lousy people and Paal is looking at you babe
At this point, they may not be clueless anymore, and may see full well how much damage has been done to the organization....but what will they do, announce it to the world?
It will be something to see if the market comes back and slb still performs poorly relative to its competitors, even after tons of investment in 'transformation'.
The guy is f---ing clueless. So are his minion executives. What could you expect from these selfish morons?
Backstabing is the key to success at slb , learn that. And that the only tool u need
Just today we fired more good people - this company is seriously depressing me now