The experts seem to think oil prices will continue to dip well into 2015. Likely there will be more layoffs. Still, it's short sighted. The unemployment rate in Houston is low in Engineering. When the recovery happens, SLB will have to look at other industries and bring in candidates from out of state and deal with relocation etc... In the meanwhile, there will be others who jump ship due to the uncertainty and fear they have created. Typical Kibsgaard knee jerk. He sucked in every position he's been in.
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Was he older, Anonymous56038?
An "Advisor" level person with impeccable credentials got the boot recently. He was in logging interpretation in Sugar Land. Guess no one is safe.
there's always deadweight in the company. hell, im probably one. :).
the company hasnt survived its 90 years of life by mismanging headcount.
I remember when he ran Schlumberger Drilling & Measurements, horrible years
Is this the same poster from the previous comments?