Is people still getting PIP bonuses, employees are getting laid-off and your still getting bonuses Now I'm really pissed off. Everyone is right about this company bunch of bull sh-- management we have. Wait till I show my co-workers this post.
Thanks Paal K.
When I got out of college and came to this company, oil price was around $40 bucks. 2 weeks after I started, the company announced its first round of lay-offs. Since then, every day when I go to work, I tell myself "this could be your last day at... — read more
Could our CEO be replaced by an algorithm and save money?
You know, when the headcount to revenue gets to a set level either fire or hire When results go down blame the market and when the market goes up take full credit for a great strategy Get the consultants to work up the work flow and decision rules... — read more
Exorbitant CEO pay means fruits of economic growth are not going to ordinary workers the higher pay does not reflect corresponding higher output
www.chron.com/business/article/Executive-pay-still-rising-despite-energy-s-9142269.php That CEO pay grows far faster than pay of the top 0.1 percent of wage earners indicates that CEO compensation growth does not simply reflect the increased value of... — read more
Any updates on Southampton closure
Does anyone know how many jobs will be lost due to Southampton closure next month?
Engage to Excel
What do you think about engage survey? Will there be layoffs if people don't participate in the survey.
2015 was a tough year for oil driller Schlumberger. Unless you were the CEO.
Yes, I know its a bit old but nevertheless interesting. Cut and paste the link http://money.cnn.com/2016/02/19/news/companies/schlumberger-ceo-pay-oil-jobs/ CEO Paal Kibsgaard received total compensation worth $18.3 million in 2015, the company... — read more
Does Paal really deserve a a multimillion dollar salary?
What has he done to deserve such a high level of compensation? He is not Steve Jobs and hasn't created anything and in reality he is just a profession administrator doing a job that any others could do just as well. He should be cut back to a salty... — read more
Southampton in UK is closing
Southampton in UK is closing - work is going to France
Not so much fun and games in Saudi Arabia these days. Interesting read.
http://www.zerohedge.com/news/2016-08-09/saudi-liquidity-crisis-1000s-foreign-workers-abandoned-labor-camps-middle-saudi-dese
Not fooling anyone...
Throwing one or two 30+ in each big batch of laid off workers 45+ is not fooling anyone. Yes you might protect you from litigation but the message for us left is clear. The Blue is targeting senior employees with seniority, knowledge and higher pay... — read more
Schlumberger stock price at 50 week high, but layoff as retaliation against workforce
Layoffs are still happening as part of retaliation and victimisation even though the stock price of Schlumberger is at its peak in the last 50 weeks.
Luxury Farewell lunch for friendly employees leaving company at Schlumberger expense
Many EMS center managers are throwing luxury lunches for employees who are retiring or leaving company to pursue other interests. These employees are good friends with centre mangers. Expense claim is justified to product group as ENGAGEMENT with... — read more
No Alaska Seniority banquet However, Kegger Party thrown for Anchorage based managers being transfered..
This is what really loses the respect of the workers, they forget where the money is made. Scum
Why are we still here in Prudhoe Bay?
We only have ConocoPhillips job. Why are we still running almost two camps, food, flights, hotels, fat bonuses to Anchorage office, the list is long? We have a lot of NPT, I don't know how can they cover it from the client neither Houston? Something... — read more
What does a package entail?
I see some 55+ guys "retiring". What does their package entail? What if they dont take it?
Laid off in April 2016
I was laid of in April 2016 and still struggling to find work. Should i call my ex-manager? Have a family to run with very limited savings.I was a senior engineer in EMS Sugarland.
SAN ANTONIO TEXAS
OIL CLIMBING BACK UP ANY CHANCE OF LAYOFFS FOR SAN ANTONIO TEXAS THEY SAY WE ALREADY HIT ROCK BOTTOM THAT WE SHOULD START SEEING OIL GO BACK UP AGIAN ANY SUGGESTIONS WHATS HAPPENING OUT THERE
Baroid have overtaken MISWACO as the worlds number 1 mud company after years of trailing behind......why is this?
Whats went wrong with MI?
Reedhycalog is overtaking Smith bits these days... Feeling bad
All the reed hycolog bits are doing great... I get so irritated when I see hycolog field engineers face after a successful run... Smith manufacturing team really need to work on design...
Schlumberger CEO takes home more money than SCHLUMBERGER company
Check his salary figures on finance websites and compare with losses made each quarter by the company
Paal's calls of oil bottoming
Everytime he did that oil prices dropped and the guy did more lay offs to protect his bonuses and stock options. All of his calls were wrong, beginning summer 2014 when he appeared in Barron's painting a rosy picture of the company and his... — read more
ALaska Furlows are over. mandatory /voluntary furlow is illegal in alaska. class action lawsuit anybody?
Some how they are just not doing this any more and not mentioning it.
Slb to hell
I don't know how some of them can clock in and out everyday like they didn't lose 50 to 60% of their Co-workers? A lot of supervisors, lot of team leads... maintenance engineers!!! Wow just wow
What do you guys think about the plan being mooted to pay employees a % of salary in stock that can only be sold 1 year later?
its supposed to help us with cash flow until things pick up but why do the employees have to take this hit?
Houston Networking Events
All, are there any oil and gas networking events in Houston that you can recommend?
Who excited to go back to work ?
Schlum day - Monday !!!! Yayyy
Schlumberger: Vicksburg fabrication plant closing
VICKSBURG, Miss. (AP) — Energy giant Schlumberger (SHLUM-ber-ZHAY) says it will close a Vicksburg plant by the end of the year. But the Vicksburg Post (http://example.com/2aBasvj ) says company spokeswoman Blake Nicole Herbert did not provide details... — read more
Hess Corp takes Schlumberger to court for $40 million
Under Paal leadership, Schlumberger sold a faulty valve to Hess Corp to slow down production in field in the Gulf of Mexico . Schlumberger is now being taken to court for $40 million in damages plus legal costs.