Thread regarding Schlumberger Ltd. layoffs

Marine seismic assets and operations sold to Shearwater

Shearwater announced that it has completed the acquisition of the marine seismic assets an operations from WesternGeco.

“We are now an industry-leading full-range geophysical services company with a solid financial and strategic platform. We are eager to move ahead as one strong combined business with global reach, critical mass, and long-term viability and look forward to providing our customers with high-quality acquisition services and technologies”, says Irene Waage Basili, the CEO of Shearwater.

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| 2753 views | | 6 replies (last July 3) | Reply
Post ID: @OP+WduJ8lw

6 replies (most recent on top)

Well now Shearwater Seismic are laying off 25% of field crew, not so long after WesternGeco went down the pan.
What’s the over riding common theme? Top heavy ineffective management, many of which have a long background in failed marine seismic enterprises but still manage to take highly paid roles in the next seismic pop up to evolve from the ashes.
It doesn’t help when the some of the main roles are based in Norway which shuts down for long vacations during the summer and Christmas on top of the very short working week.

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Post ID: @am8z+WduJ8lw

Haha Haha Haha. There are more than a few arrogant arseholes fom WGC marine that I hope will suffer from this

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Post ID: @4obo+WduJ8lw

I am laid off today, finally it comes to the point where the so called rumours is coming to reality, hold on and good luck to all, it has been wonderful and rewarding for me and family, time to look job in other industries, this oil thing is so depressing

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Post ID: @1aif+WduJ8lw

Plenty of useless managers here in SHTC STONEHOUSE only concerned with their PIP bonus and tick the box response's.

This centre is very poorly technically led and has no inspiration for anyone who tries to do a decent days work, expect a slow continue decline as more jobs and product lines get moved to China.

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Post ID: @1oay+WduJ8lw

The AA 12 Step Program for OFS:

  1. Transfer in a new VP, Director, or President - seek someone without any real knowledge about the business/industry - try to pick one who failed everything else so far but "knows people"

  2. Pay this guy a lot of bonus to turn the ship around but only pin it onto soft initiatives instead of actual revenue - this way no one can hold you responsible

  3. Sell or mothball all your revenue generating assets

  4. Lay off anybody with knowledge and skill

  5. Pay retention bonuses to useless brown nosing staff and anybody who does not generate any value

  6. Lay off anybody asking questions or contesting anything possible

  7. Hold higher market forces responsible for no revenue and switch the business model to AI and IoT without any real financial justification

  8. Bottom feed - Bid and win on work that no one else is willing to do and lose lots of money

  9. Outsource work to whomever you sold your assets to

  10. Assign a highly paid team to acquire the competition and of cause lay them off too

  11. Attend job fairs to fake you have openings but still hire a few otherwise you have no one to fire soon

  12. Celebrate your promotion for a job well done and hand out meaningless achievement awards to selected super s---ers in step 5

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Post ID: @1jor+WduJ8lw

We are.... we are... we are... all years long i heard alot of we are.. and we still have too many manager and less and less worker

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Post ID: @1det+WduJ8lw

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