Thread regarding Schlumberger Ltd. layoffs

Is Kibsgaard worth his $22.8 million USD annual compensation?

He just lost $0.5 billion on a devaluation in Venezuela due to having investments in the local currency - how stupid is that? His 22.8 million would cover many field personnel costs and bring more value to the company

The transformation program he talks about is failing miserably and only making schlumberger more expensive to clients due to excessive overheads

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| 571 views | | 4 replies (last January 16, 2015) | Reply
Post ID: @OP+zAg0Eu7

4 replies (most recent on top)

Yes,

  • Paal, CEO & Head Di*k
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Post ID: @qrx+zAg0Eu7

He's a good operator, not sure if he's 20 mil good, but good

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Post ID: @qhe+zAg0Eu7

This is nothing unusual for the company this size

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Post ID: @dAy+zAg0Eu7

This is really sad, nobody is worth this kind of money, look where he took us

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Post ID: @i63+zAg0Eu7

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