Topics regarding layoffs at Schlumberger Ltd.

Topics regarding layoffs at Schlumberger Ltd.

Why is there such a disconnect between senior executive management compensation inc. bonuses and our share price?

Does serial underperformance and dreaming up failed "new ways to work" and "transformation" initiatives merit multi-million dollar compensation packages while the share price tanks? Surely its time for a shareholder revolt to oust these fraudsters.

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| 2552 views | | 5 replies (last June 12, 2019)
Post ID: @OP+Zr3jtrT

How are we getting people to join?

Everybody knows by now about constant layoffs at Schlumberger and the way the company treats its employees. Just a simple Google search will show that to any potential employee. So how are we managing to still rope people in? Who is desperate enough... — read more 

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| 2491 views | | 6 replies (last October 24, 2019)
Post ID: @OP+ZqKjsgE

This will not end well

The problem with the company is that Schlumberger has never developed anything from scratch, instead relying on buying in technology or companies then singularly failing to evolve the technology or even beginning understand it and then dumping key... — read more 

SLB management

After laying off all the people with skills truly needed for oil industry, SLB management now focuses on their next daydreams of digital era and robotics... Even before the downturn, SLB management was always detached from reality. Why do you need... — read more 

SLB .......

It’s a company with a prestigious past. Today it’s a beast eating itself. Way too much process- not enough individualism and innovation. Let’s see what happens?

Drilco

So why all the external hires ? Is none of the existing management getting a look in ? Is fishing really going to be Red Baron ? Red Baron for real ?

worst company ever

after laying off thousands and thousands of good employees to cut the cost, it hired almost same number with no experience. most upper management are disconnected from realities. ceo failed miserably to lead the company (as per another person, if he... — read more 

Notre Dame

When will Schlumberger setup system to pay more money to Notre Dame. ? I can't wait to donate my profit share award

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| 1501 views | | 2 replies (last October 18, 2019)
Post ID: @OP+Z85F3Wk

what is happening with stocks

what is happening with the stocks? it is declining so bad. I thought SLB has good prospects with all the new digital era and transformation

P&LS Permian to layoff 124 employees

https://www.rigzone.com/news/schlumberger_subsidiary_cuts_jobs_in_permian-09-may-2019-158798-article/ "Product & Logistics Services LLC (P&LS), a subsidiary of Schlumberger Limited, is ceasing operations at its facility in the Permian Basin... — read more 

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| 1961 views | | 1 reply (May 12, 2019)
Post ID: @OP+YZNTTxk

SLB Drilling Fluids MI-Swaco Posting huge Profits

Drilling Fluids seems to be the one stable product for SLB. You can't drill a well without drilling Mud. Just need to get the management of drilling fluids right so that they hire and keep the right people. Managers tend to hire people that are... — read more 

Been caught drinking and driving in the company truck and wondering if there is any way SLB can find this out?? I will be fired if they do ?

I realize I was a dumb--s for doing this but it was a one off and I won’t do it again. The cops didn’t say anything about my employer so I am thinking I am in the clear but not sure Does anybody know what could happen here? Thank you kindly for any... — read more 

Layoffs expected to come to cost centers

Layoffs may to cost centers including - Admins/HR/Procurement/Research centers (Nerve centers...). Better start pretending you are digital, born digital, work digital whatever that means ... talk open source like your executives without understanding... — read more 

Good job, Paal

Stock was up to $48 before the Noggie opened his mouth at the earnings call. Ever since then the stock has gone straight down.

Major Layoffs coming...

Sugar land centers will be laying off soon. The PTC transfer is failing miserably, more management to be let go.

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| 4261 views | | 9 replies (last June 17, 2019)
Post ID: @OP+YLR7rd9

Walkout in protest - 1 May 2019

To All Schlumberger employees in Europe: Stage a walkout at 10 in the morning on 1 May 2019 in protest of management decision regarding donation to Notre Dame at the expense of employees' salary, profit share.

Stock being downgraded

Now being valued at $35.00 a share (9 x FY’20 EBITDA) - looks like a major RIF coming? The glory days are well and truly over.

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| 1941 views | | 7 replies (last April 25, 2019)
Post ID: @OP+YIyccHP

1 million Euros!!??

No raise, no profit sharing but 1million Euros for Notre Dame. Sounds about right.

Cameron revenue outside north america

how much revenue did Cameron make outside north America - compare year on year (mar 2018 vs mar 2019). You will be surprised to see the vision of Paal in action

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| 1491 views | | 3 replies (last April 21, 2019)
Post ID: @OP+YD4FDkA

Rosharon - Update

Rosharon, ummm uhhhh quiet. any news? are they even still there?

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| 1131 views | | 1 reply (May 21, 2019)
Post ID: @OP+YC1gFjx

Reverse Circulation

Looking at some advice on how to reverse out 28 days aged beef from my swimming pool. Does the layoff community have any useful tips?

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| 1330 views | | 3 replies (last April 16, 2019)
Post ID: @OP+YBcYhyx

Ofs canada

Can someone educate me why we have Schlumberger office up north in Canada while there is no job or client left ? Why we are loosing all these good techs in Houston and we are keeping idle bored people in Canada ?! Time to shut Canada office down.

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| 1671 views | | 4 replies (last April 18, 2019)
Post ID: @OP+YBEJjcZ

2020 end of PIP

Hearing Band 5 and above will still get it.

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| 1811 views | | no replies yet
Post ID: @OP+YtEChRZ

Smith Bits

I hear bits are divesting. A little bit of this and a little bit of that. Any news ?

Sanction violation again

https://seekingalpha.com/news/3448734-schlumberger-employee-interviewed-sanctions-probe-ft

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| 2380 views | | 7 replies (last April 11, 2019)
Post ID: @OP+YrCAVhu

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