Topics regarding layoffs at Schlumberger Ltd.

Topics regarding layoffs at Schlumberger Ltd.

To SLB top management and the board of directors

WTI remains in $40s/barrel, and most of the oil companies are preparing for the low-forever scenario. This is definitely NOT just a cyclical trend that you mentioned in the last earnings conference call. As of 8/13, SLB stock is $63.83/share, which... — read more 

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| 2830 views | | 7 replies (last August 17, 2017)
Post ID: @OP+OLdCNkt

Did not make to final interview

Hi, I am graduate from Petroleum Engineering. Yesterday, was Schlumberger interview but i did not make it to the final? The job is field engineer Does this mean i avoid the bullet or im losing the opportunity? I think field engineer is hard job

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| 2270 views | | 8 replies (last August 12, 2017)
Post ID: @OP+OHQ5DIH

Happy I got laid off

I got laid of from WG in 2015. It was a tough 1.5 years trying to get work. But eventually I did. Great people, relaxed job environment and great work-family balance. Thanks to SLB.

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| 1712 views | | 2 replies (last August 10, 2017)
Post ID: @OP+OGzbTKb

Announcement

Here that there is a special announcement Wednesday anyone know what it is about

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| 3510 views | | 5 replies (last August 10, 2017)
Post ID: @OP+OEJC0s4

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 approval long enough you lost the... — read more 

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| 4730 views | | 5 replies (last July 31, 2018)
Post ID: @OP+OCKXhtS

The Rankin bit plant is a disaster

Just talked to an employee who is trying to train some temps in the Houston bit plant. They are unmotivated, slow and don't want to be there. They are also getting paid more than he is to train them. They are more than 200 bits behind and not... — read more 

SLB done with Completions?

The completions group no putting dollars in no new tool or product. All people are sitting with there many sheets of paper and no design to do of new tool product. What new tool come out or make money in last year! I think there none. Any new soon?

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| 1646 views | | 2 replies (last August 6, 2017)
Post ID: @OP+OCObJoa

Should we get out of pressure pumping business?

Personally I think that SLB will try to get out of the pressure pumping business. The old Dowell/DS brand was never fully accepted as being worthy by the old guard. Wireline staff hated the pumping staff. Pumping was kept around because it provided... — read more 

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| 2030 views | | 6 replies (last August 4, 2017)
Post ID: @OP+OA8mP6c

New lay off..France

New headcount reduction announced in France...in the last 2 years about 600 /700 people fired in different locations ..less than 2000 workers still there... but soon 30 % fired.........not enough money for SLB....Thanks at the top 10 Managers that... — read more 

Merging with weatherford

Heard we're merging with weatherford will we eventually buy them out as well? Also heard there moving sax yard equipment and employees to weatherford any date or for sure thing if that's happening

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| 2920 views | | 8 replies (last August 2, 2017)
Post ID: @OP+OwwvdNp

2017 merit increases?

Does it exist for y'all this year? What about 2015/2016? 2015:No 2016: yes 2017: no

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| 2830 views | | 6 replies (last August 8, 2017)
Post ID: @OP+OuiqOS5

Any news on R2.1?

The kaboom starts today. Hope everyone will come back in one piece.

Q2 2017 Earnings Conference Call [REPOST]

It seems like somebody didn’t like my previous post, so I will not use anybody’s real name in this re-post. Some guy told us that we were all sitting on a highly-compressed coiled spring, but during the Q2 earnings conference call, the same guy told... — read more 

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| 2200 views | | 6 replies (last August 1, 2017)
Post ID: @OP+Os4benK

Can we relax now?

Now that we have had a really strong quarter, can we relax, or is the threat of layoffs still looming over us? I guess we'll have to wait and see, but for once, I am hopping for the best... — read more 

Not a cyclical problem

This is not a cyclical problem something Paal just will not admit to. Historically the cyclical nature of oil as been related to economics such as the price crash of 2008 -9 Or it has been related to geopolitics such as the middle east wars of the... — read more 

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| 2480 views | | 9 replies (last August 1, 2017)
Post ID: @OP+OqBtFjC

CPC - Rankin

What you all think about the new CPC at Rankin?

Schlumberger buying majority shares of Eurasia

Not really sure how this will affect any future layoffs, but it will have some impact, that's for certain. https://www.reuters.com/article/us-usa-china-companies-idUSKBN1A532M

Waste of Time

What's the use of this Town Hall? Time waste, any how they are moving the IT to Pune, why the hell he is bullshi****

Closing center?

There has been rumors about schlumberger Ardmore location closing it down. Does anyone have any news on that if its true or its just people making things up?

GE's Schlumberger offer

I work at GE since 2014, from what I know from here, in early 2016 GE approached slb several times and they discuss acquisition of software segment including their respective product line within SWT, these of campus meetings happend in london and... — read more 

Schlumberger should divest SWT (software technologies)

Based on the following observations, it is clear that Schlumberger should divest SWT: 1 - SWT's market value is at its peak 2 - SWT costs more than it brings 3 - Schlumberger needs cash for better opportunities 1 - SWT's market value is at its peak... — read more 

The issue with inexperienced workers

SLB tried to offer all things to all customers as an integrated service company. The problem was (is) that they did not support those services properly, assigned managers that did not understand the businesses they were managing, and ultimately... — read more 

Town Hall

Thursday IT Town hall - What's the Lunch Menu? Any one know?

Outlook on NAM oilfield services

Barclays lowers its outlook on NAM oilfield services... Even banks dont have faith in NAM anymore even after 3 years oil beaten up! When managers are being laid off and for what SLB is keeping them? Does SLB think oil will rebound ever so they hire... — read more 

Wasted opportunity

There was hope late 2016 which NAM growth by 30% will help slb and slb will have its own share of this growth. Of course majority of contracts were already awarded to legacy NAM player,HAL.... Only few left over dirty jobs given to slb. Majoriry of... — read more 

13 months later..

Leaving schlumberger with severance was the best chapter of my career, 52% increase in my salary and no misery found here In conclusion, there is BETTER life outside schlumberger

Layoffs this week

There were several layoffs today. Looks like they are still ongoing.

Is SDR Boston staffing up?

A couple of months ago I heard about people being released from SDR (Boston research center). I'm now hearing rumors about some useless brown nosers being transfered there. Is SDR hiring or is it just another way of fattening the overhead costs?

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