Topics regarding layoffs at Schlumberger Ltd.

Topics regarding layoffs at Schlumberger Ltd.

Warm up to work.

Warm up to work starts at the Florence Ky facility tomorrow with an estimated cost of $60,000 a month. How is this acceptable with SLB stock price in the toilet and this facility being run right into the ground by what is the most incompetent group... — read more 

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| 1610 views | | 3 replies (last November 18, 2018)
Post ID: @OP+W6i1zJq

Is this true?

LAM manager told me that Rubicon started taking some of SLB's contracts, but he was unaware of any great details. Can anyone confirm?

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| 1640 views | | 2 replies (last November 11, 2018)
Post ID: @OP+W4AztOi

Is the Digital bubble about to burst?

It smells like late 1999 - early 2000 on the eve of the dotcom bubble implosion... https://ibb.co/dEe8a0 Any consequences for companies like SLB that invested hundreds of millions in "Digital transformation", to the point they don't have any other... — read more 

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| 3050 views | | 11 replies (last November 18, 2018)
Post ID: @OP+VYwsb71

Profit margins are expected to shrink

Everybody seems to be pleased with the position that SLB is in right now, but the question that comes to mind is how long can the company keep this growth, and have the Q3 financial results been a random success or a beginning of a positive trend of... — read more 

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| 1270 views | | 1 reply (November 5, 2018)
Post ID: @OP+VYuz9aI

Do not forget

Do not forget some employees salary is double or triple of what outside slb pays. This is the legacy of $120 oil and should be eliminated soon than later. Be fair, management bounce is been reduced a lot too. Mine almost nil.

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| 990 views | | 1 reply (November 6, 2018)
Post ID: @OP+VUgZfee

Everybody is a commodity for the upper management.

Year after year, this company reduced their benefits in par with hiring third country nationals with visa sponsorship needs and of cause an army of contractors. It has become a near disposable workforce; of cause excluding top management. Pragmatism... — read more 

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| 1400 views | | 1 reply (October 31, 2018)
Post ID: @OP+VUxGxaG

Jerks

Schlumberger management are nothing but a bunch of ignorant jerks

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| 1400 views | | 3 replies (last November 16, 2018)
Post ID: @OP+VTzzF64

Merger with NOV and FII in talks

SLB management has decided to keep this Drilco as our activity in the North Sea is up. Possible merger with NOV and Franks! Was up at Hareness Circle and the boys are buzzin with excitement! Can anyone confirm this?

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| 2120 views | | 6 replies (last November 7, 2018)
Post ID: @OP+VTrmnon

Yes, PK has been paid TOO MUCH!

https://simplywall.st/stocks/us/energy/nyse-slb/schlumberger/news/is-schlumberger-limited-nyseslb-excessively-paying-its-ceo/

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| 1500 views | | 5 replies (last October 31, 2018)
Post ID: @OP+VSpYB5y

Benefits

I'm considering a job at Schlumberger. What does the benefits package look like? Health insurance costs for family, profit sharing, bonuses, employee stock purchase plan and vacation/sick time are primarily what I'm interested in.

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| 2580 views | | 18 replies (last October 31, 2018)
Post ID: @OP+VRfM6Xh

Delfi...?

It's winning at buzzword bingo, shame that's the only thing it's winning. What a waste of money.

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| 1560 views | | 4 replies (last October 29, 2018)
Post ID: @OP+VNV0sTk

Cutting costs to produce good results

The market analysts seem tho thing that SLB’s Q3 earnings are satisfying (over the market prediction, less than the company expectations). It’s also no secret that the pipeline restraints in the US did their part, and that the results would have been... — read more 

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| 1405 views | | 2 replies (last October 24, 2018)
Post ID: @OP+VNhQrow

Cost cutting is not working

High Oil Prices = should equal high share price? Lower Costs = should equal more profit (with or without transformation we have cut like crazy) Therefore either the Sales organization does not know how to get price rises and win contracts for a gain... — read more 

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| 1650 views | | 10 replies (last December 5, 2018)
Post ID: @OP+VMsswDu

Q3 2018 Earnings Conference Call

Paal was so proud of TRANSFORMATION. "By advancing our transformation program further over the past 4 years, we have completely modernized our internal workflows and organizational structure and created stronger and more professional support... — read more 

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| 1730 views | | 6 replies (last October 22, 2018)
Post ID: @OP+VIxYU4j

Opinion

The worst CEO ever; devalues the company, runs off 75K+ employees, has always taken an antagonistic attitude with employees, fires board of directors who don't agree with him. Must be difficult to sleep making $22 million/yr.

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| 3180 views | | 14 replies (last November 9, 2018)
Post ID: @OP+VEkT8pr

uk layoffs

layoffs in OSS announced today in the UK. 13 to go from Derby and the office to close.

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| 2430 views | | 9 replies (last October 16, 2018)
Post ID: @OP+Vz6BSEg

SIS -brace for impact

The SIS strategy for 2019 is out. In 3 words: "Lower The Ambition". 2019 will be yet another year of minimum delivery. The much-awaited digital wonders won't be ready before 2020. And by then you will be able to....create maps and manage spreadsheets... — read more 

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| 2280 views | | 11 replies (last October 19, 2018)
Post ID: @OP+VzVILiv

Welcome to the new way of working.

New way of working (or not working) Well we are moving forward with the new way of not working. Every decision needs funneled 2 layers up for president 's approval. Need to order parts submit an exemption and wait months while upper management delays... — read more 

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| 2880 views | | 14 replies (last November 17, 2018)
Post ID: @OP+VxPzc3L

Drilco sale finalised?

Fact of fiction? Have heard terms and conditions are finally sorted ? Can anyone confirm? Will the facility in Portlethen go?

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| 1960 views | | 4 replies (last October 5, 2018)
Post ID: @OP+VrFt4gY

PK is a goner

Rumours...apparently PK is a goner after Q4..anybodyelse heard that ??

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| 6240 views | | 23 replies (last October 12, 2018)
Post ID: @OP+VmrK84v

DELFI

DELFI is all marketing but no substance. nobody can explain what DELFI is. they will talk about environment, attributes etc and at the end of it you will have zero understanding of what DELFI is. but mgmt has huge dreams of making this a multiple... — read more 

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| 1470 views | | 2 replies (last October 19, 2018)
Post ID: @OP+VmByin3

Inventory Gathering Dust in Warehouses

Schlumberger would be better off getting rid of the huge redundant inventory that is gathering dust in its warehouses. With the share price heading south, large and generous ' use us' inducements and far too many supervisors, business initiatives and... — read more 

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| 1140 views | | 2 replies (last September 28, 2018)
Post ID: @OP+Vm1lQik

Who would buy?

SLB have lost all the #1 market share positions that all the Smith legacy companies held and now are not even in #3 positions for many markets. A sad demise and indictment on SLB management incompetency. Who would buy? Many would be interested but... — read more 

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| 1370 views | | 2 replies (last September 30, 2018)
Post ID: @OP+VmZ1pNB

Smith Disvestiture

What's the latest on the DT&R sale? When will it be announced?

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| 2140 views | | 6 replies (last December 7, 2018)
Post ID: @OP+VjkTxjy

Latest talk is thats PKs latest initiative “CnG 30/40” will kick off next week. Can this one actually work?

Some of McKinsey top US consultants were hired to develop the CnG-30/40 initiative to take a new positive and proactive message to the investor community The acronym means “Cut n Grow” and the target is 30% reducimos in our cost base while growing... — read more 

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| 3190 views | | 19 replies (last September 27, 2018)
Post ID: @OP+ViNanJ2

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