Topics regarding layoffs at Schlumberger Ltd.

Topics regarding layoffs at Schlumberger Ltd.

Rig of the future?

What is the rig of the future? Why is slb building rigs when there is a glut? Is this a special rig run remotely in Colombia by the service desk?

Posters in the office and shop ... ???

Let me demystify a few common ones: Safety First - This is a dangerous environment and we employ people who make mistakes, sometimes often. We need to shock them out of complacency to reduce errors. Quality related material - The company's employees... — read more 

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| 1581 views | | 4 replies (last October 22, 2016)
Post ID: @OP+JY5FcEo

Revenue down, EPS up???

Revenue was significantly down but the EPS was higher. SLB got less but rewarded the shareholders. Does it make sense? Somebody enlighten me.

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| 2360 views | | 8 replies (last October 22, 2016)
Post ID: @OP+JYb1wlF

Not terribly good third quarter results.

'Schlumberger Ltd. said its third-quarter earnings fell 82% on lower revenue and expenses related to the oil-field services acquisition of Cameron International Corp. earlier this year.' Oh fearsome. I would say that this is not too good. Brace... — read more 

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| 1880 views | | 3 replies (last October 21, 2016)
Post ID: @OP+JXAKNxr

PK bragged transformation

PK credit his transformation program for the company's improved margin this quarter. Do you think that's true, or it's the continuing layoffs that did the trick?

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| 1260 views | | 1 reply (October 21, 2016)
Post ID: @OP+JXU7Jm4

SFTC

Have it on good authority from an HR source that SFTC is to close at the end of November 2016

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| 2840 views | | 9 replies (last October 31, 2016)
Post ID: @OP+JWUvvpd

Redundancy Package?

What is the typical SLB redundancy package offered in the UK, or across other countries?

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| 2150 views | | 3 replies (last November 6, 2016)
Post ID: @OP+JWp9Anl

Massive changes coming

Segment area organizations to disappear + massive cuts across SSO, IT, OI, R&E = $1B of compensation savings. Within the next two weeks.....

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| 3880 views | | 10 replies (last October 19, 2016)
Post ID: @OP+JVXC9gv

Lunch and layoffs

The concept of lunch and layoffs is being thought upon. It's a humane way of telling someone about the business and job loss. Do you guys think the company is going above and beyond in employee satisfaction by this innovative initiative? Managers are... — read more 

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| 2920 views | | 14 replies (last October 20, 2016)
Post ID: @OP+JRcgcAc

Armed security guard onsite

Walked into office this morning, bumped into armed securities guarding the entrance and parking lot. Never seen that before. This sure provides the management some sense of secure and comfort while guys on the shop floor are getting sh-- canned. Feel... — read more 

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| 2581 views | | 6 replies (last November 1, 2016)
Post ID: @OP+JRLjysM

Giving away my house

Tired of material world I am giving away my belongings and the house. Anyone interested? It's a 3 bed 1800 Sq ft house with basic amenities.

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| 2210 views | | 13 replies (last October 27, 2016)
Post ID: @OP+JPyvYXH

How is SHTC, UK doing?

How is SHTC doing? Any more redundancies announced where they LIE that a decision has not been taken yet.

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| 1810 views | | 4 replies (last October 13, 2016)
Post ID: @OP+JPF01od

Mental health support benefits

I think I'm going crazy. Over the last 2 years my team in USL has shrunk by 70% while the amount of work my team that was laid off has been passed onto me. I can't handle the stress and demands as a result. My wife says I should seek help and I know... — read more 

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| 2770 views | | 13 replies (last October 25, 2016)
Post ID: @OP+JOruV9m

Drill Bits NPD

I used to be at Rankin. Heard they killed the 3 Piece project. It was the most important one when i was there. What happened to the folks that worked on it?

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| 1030 views | | 1 reply (October 20, 2016)
Post ID: @OP+JOKaoS4

3 piece bit project

I am out of Rankin. I heard they killed the 3 piece project. That was #1 in engineering while I was there. What happened to the people?

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| 365 views | | no replies yet
Post ID: @OP+JN4oxRh

3 piece

I am out of Rankin. I heard they killed the 3 piece project. That was #1 in engineering while I was there. What happened to the people?

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| 350 views | | no replies yet
Post ID: @OP+JNWvB3u

Thanks for the help....

Having a short, early term... you helped with the experience, and focus. Safety is important, you focus there and more. I hope through the long downturn everyone understands, business is business...Some get screwed, some Schlumberger has... — read more 

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| 1740 views | | 3 replies (last October 14, 2016)
Post ID: @OP+JMV4yzF

That is the "big thing" of the relocation...

Exempt employees at G12 and higher is where the company offer a "buyout" for the home at current market price. That is the "big thing" of the relocation. At lower grades is still possible but has to be vouched by management. As someone suggested... — read more 

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| 1864 views | | 1 reply (October 9, 2016)
Post ID: @OP+JM8ClTo

Happy New year

May you all have a great 2017. This is the boom year

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| 1270 views | | 4 replies (last October 10, 2016)
Post ID: @OP+JM9PxhE

Florence Ky

If you work in the Florence Ky facility you should do some research into the sequence of events that took place at the Ponca plant. This is most likely what the future holds for you guys.

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| 1730 views | | 6 replies (last October 13, 2016)
Post ID: @OP+JKf8mj7

What's the Pay at rankin rd smith bits

Looking at relocating with smith as they are closing Ponca city plant. When discussing wages all that is told is you will make at least what you make currently and will be adjusted for the Houston market ? I'm curious to what the "Houston" market... — read more 

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| 2690 views | | 10 replies (last October 11, 2016)
Post ID: @OP+JJq0lFC

OneSubSea.....600+ to go in Leeds UK

Looks like redundancies are far from over....45 day 'consultation' period starts. http://www.bbc.co.uk/news/uk-england-leeds-37563340

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| 2960 views | | 8 replies (last November 3, 2017)
Post ID: @OP+JJhh2Vb

Ponca employees told to keep their mouths shut.

Employees at the Ponca City plant were told not to speak to the media about the plant closing, but to refer them to Jeuseppi Muzzi. As of yesterday, the local news has not been able to contact anyone for comment. They're not answering the phone... — read more 

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| 2100 views | | 5 replies (last October 7, 2016)
Post ID: @OP+JJbusC7

Why so many VPs?

There seem to be hundreds of them... Is it to reassure clients that the young-looking managers can be trusted to make important decisions? Or is it just to inflate the latter's ego?

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| 1180 views | | 2 replies (last October 8, 2016)
Post ID: @OP+JIicJGd

Will MR. PK be the next to be questioned by congress?

With Wells Fargo's scandal in the spotlight, will our Mr. PK be the next to be questioned why net with 18-million bonus while laying off tens of thousands fellow-workers? Let's collect evidences before the exit.

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| 1230 views | | 1 reply (October 4, 2016)
Post ID: @OP+JHuw66q

No Furlough for MI but layoff.

Yea. No more MI SWACO furlough in Q4. But they just layoff some MI employees in Asia. Good luck guys

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| 770 views | | no replies yet
Post ID: @OP+JHuJEg5

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