More cuts are coming! If you have vacation use it
Why SLB still transfer people around
Don’t understand why they transfer them? They don’t have substantial skills, they can’t speak English well, it’s costly to move or keep them, just think of renting, travel, private school, it’s almost equal to one salary. Don’t understand why SLB nam... — read more
Ponca city
I hear they need some machines tore up in Houston or some jib cranes tore out of cement. Cell 5 scrap king is on his way. Lol
Transformation is just another buzz-word
The "transformation" is just another buzz-word. Every big company uses the same. It was originally sold by SAP and business consulting companies (Andsersen & co.) as a way to get rid of the "paper" by exploiting digital/online business systems. Kudos... — read more
MI and other segments
Questions for coworkers from other segments: Are you being destroyed like us at MI by the SLB group Managment structure , allocations and Halliburton? The new drilling group structure will damage us greatly especially when you consider that we were... — read more
XMAS Gifts are ready for Employees
https://seekingalpha.com/news/3312590-schlumberger-says-ecuador-fails-make-agreed-350m-debt-payment Schlumberger says Ecuador fails to make agreed $350M debt payment Nov. 15, 2017 2:33 PM ET|About: Schlumberger Limited (SLB)|By: Carl Surran, SA News... — read more
Big salary raise and special bonus waiting for SLB management!
To accommodate their luxurious life style and year end parties as always
Onesubsea
Does anyone know if thee is there any truth that Onesubsea has lost the Mad Dog 2 Contract for supplying trees?????
Transformation was a failure
One of the purposes of the transformation was supposedly to help employees focus on their actual job and avoid distractions caused by the various business processes. In that respect it has been an obvious failure, precisely because of the spotlights... — read more
still too top heavy
how are we still so top heavy, even after the latest layoffs? has anybody seen a more useless restructuring when it comes to solving the real issue? instead of helping solve the problem it was supposed to solve, the whole restructuring shuffled... — read more
How low can NYSE:SLB go?
We thought Jan 2016 was the lowest point for Schlumberger stock during this downturn that started in Jun 2014. We thought we have now hit the bottom and only way is up. We thought that sitting on coiled spring would only mean growth. However Nov 2017... — read more
Is it time for PK to step aside and let someone else take over?
If this was a football team and with the results over the past few years he would have been replaced long ago. SLB has lost it’s competitive edge and is underperforming. Underperforming emoliyees usually get laid off in SLB unless of course you are... — read more
Schlumberger: Breaking Down
https://seekingalpha.com/article/4126120-schlumberger-breaking
Anybody actually likes working here?
Being kind of new to Schlumberger, I was wondering if there is anybody who actually likes working here? I've learned people really hate this place. I can't tell you how many called me crazy for accepting this job, which, to be honest, is not fun. A... — read more
Any update on Belfast, UK
How are things in Belfast,? How many transfers? What is severance pay like?
Couldn’t understand HR due to foreign accent .
Did SLB Corporate Offices move to South America ?
How are things going in the bit plant in Houston?
Just curious if someone who is working in the Houston bit plant can report on the status of the move. Do you think it's been successful?
I was touched inappropriately by a senior manager
I was just out of university and looking for my first assignment when it happened in the Houston corporate HQ. I was told if I wanted to progress in the company I should lighten up and have a little “fun” . I feel abused now. Has it happened to any... — read more
Rumors on Ecuador debt deal about to fall apart
The Ecuadorians are going to stop paying back the multi billion debt owed to Schlumberger for production manager services. Should we be surprised ? Why the heck did we take on all their business when the risk was huge they would never pay us ?... — read more
How many managers do you report to?
I'm just curious, how many managers do you report to? I'm relatively new to SLB, so maybe it's that I'm not yet used to it, but boy this's ridiculous. There're direct managers, functional managers, even other managers, all of who then have their own... — read more
Schlumberger's management style might be killing you!
Watch this video on YouTube by Simon Sinek called "Why Leaders Eat Last". It exactly describes SLB's management style and why they are failing. I guarantee you will see yourself and your company described in this video.
Why even have layoffs when they keep firing good employees?
I have seen so many people fired (not laid off) by Schlumberger in the past several years that I am not even sure why they need layoffs anymore. Good, hardworking employees who have been with the company for several decades were shown the door for... — read more
Venezuela unable to pay bonds/debts.
How does it now look for Schlumbergers' epically genius investments/debt repayments?
S-xual Harassment // Hostile Work Environment
Did you experience s-xual harassment or a hostile work environment in your location or product line that prevented advancement? Did you report it it HR or your N+1? Did anything every happen?
SLB IT is going south...
IT department is not as good as before, these CAM managers/leads have no idea what to do. they promote whoever they want mainly cause they are friends and white. one is always drunk and cam HR wont do anything. lots of back stabbing!
True
Cameron BSO let go in Houston? *80% cut)
Will SLB buy WFT Completions and Remedial Sevices
This will fit nicely in our completion portfolio and give us a fantastic tool company with true professionals!
UK - Southampton, then Belfast. Who's next?
Southampton closed and now Belfast is closing. Which other UK site will be closed next? Is this impact of Brexit? Is this China stealing UK jobs? Is this downturn in general?
Legacy Smith continues to be a drag on our earnings!
When will Paal finally sort this group out?
REEDHYCALOG is taking away the business here
Reedhycaog from NOV is doing good all over than our sh--ty smith bits... we always get bad in front of customer... there is no much presentation stuffs from reedhycalog but performance has been the best till date... but ours is more of presentation... — read more
SLB Belfast Plant Closure
Just been informed that the plant in Belfast CPCB will be closed. Layoff start March 2018
Halliburton Posts International Revenue Growth, Unlike Schlumberger
Oct 23 (Reuters) - Worldwide revenues rose for U.S. oilfield services provider Halliburton Co in the third quarter, the company said on Monday, contrasting with the slide in international markets reported by larger rival Schlumberger last week... — read more
Share Price looking terrible
Just checked the stock price not looking at all good how can SLB raise it's stock value ?
Pls Review - The New Gallup surve
Leave. Your comments abt the survey
A message to Mr. PK
If your strategy handling this downturn can not save both the investors and the employees, this will be the time for you to be "LET GO".
So much dead weight at Schlumberger
Only a slight increase in interest rates will put even more pressure on debt, reduce cash flow, and offset potential investors to simple short term cash. 25% of revenue coming from integrated projects in defaulting countries puts even more risk into... — read more
Schlumberger Layoffs 2018
Does someone have reliable info on possible cuts and layoffs in Houston.
Schlumberger board of directors
Why Schlumberger board of directors are keeping quiet and doing nothing to stop the destruction train which is Transformation. Do they have no responsibility towards shareholders?