Thread regarding Schlumberger Ltd. layoffs

KPO slog

Well another year and a process we thought couldn’t get any worse has far exceeded expectations yet again. Going on the end of February and the C suite is still figuring out how to not pay PIPs and shaving out some more saving from the employees bonuses. Not to mention our goals for this year won’t be out until Q2. Retroactively finding out we missed our Q1 objectives for 2018 will give them a head start. they can bump up Q1 results after they release the entire Q1 bonus accrual since no one will make it. To top it off management has now set it up that if you don’t enter your goals by the end of February you automatically get penalized certain percentages. Win win for the comp reduction plans since goals won’t even be out by then.

BTW after failing to purge enough B5 and above they are coming after the bonus program for everyone below. Be prepared to give up what you have. Lose take home $ and get engaged or leave. 2018 year of the exodus.

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| 2702 views | | 6 replies (last March 5, 2018) | Reply
Post ID: @OP+RTbXGlj

6 replies (most recent on top)

that is the none winning attitude... do not criticize anyone or anything no matter if you are correct.

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Post ID: @9eji+RTbXGlj

SLP3 is just stupid. They told us last minute to put something in our objectives but yet we have still be waiting for top down objectives.

We literally just put whatever the hell we wanted as we had no direction from the top down.

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Post ID: @5lfk+RTbXGlj

Big price are gone, so are the big perks of the oil industry.

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Post ID: @2zqk+RTbXGlj

Do you really expect pip and reward?

Let's keep the job till q2

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Post ID: @sgg+RTbXGlj

Hmmmm

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Post ID: @kpx+RTbXGlj

Yes we need love.

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Post ID: @jgq+RTbXGlj

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