An undisclosed amount from an Saudi Company has proposed to purchased Schlumberger, in an all cash deal secured by an chinese bank. Recession Time.

tanned, rested, ready and intact to push your product line to the bottom of the heap boys. Lookin' good, feelin' good while you be looking over your shoulders.

What's the latest on Cameron Nutron and Grove being manufactured at Edmonton, Canada. Heard they are moving the manufacture to US and China. It dawned on the guys working there now. Bunch of losers.

Princeton Technology Center closing. Also "voluntary" furloughs across DPG EMS. Looks like it's going to be a fun day to start the week.

anyone more informed of what's going on?

Long history SLB has of screwing up great companies after purchase, What gives? Just run away stupidity? UN-bridled growth of course witnessed many years. Too stupid to leave well enough alone with fantastic companies they have bought time and again... — read more 

Did you cash out or find a reinvestment?

Anyone laid off been reimbursed for the amount taken for stocks from paychecks this past quarter? I was told a check for unbought stocks should be sent within 4 weeks.

I´ve been aware of this procedure where the company knows that the client will not require a particular employee to be on the rig for let´s say the next 3 months, so the company decide to put him on "Suspended employment" with no salary and after... — read more 

Feels like i have stalled? What do you all do to get over this?

Should i even approach my manager to ask if he would take me back? I was very recently laid off and unemployed. What are the Pros and Cons to this? Looking for some serious advice

I was laid off and a colleague quit voluntarily. Now they are.trying to fill that position and iam being asked. Should I go back? Iam unemployed still

Any contacts and emails welcome. Thanks, Ricardo

All, Schlumberger has 35 job postings in NAM. If your presented with a layoff or feel as if you will be, ask your HR rep. if you can transfer to one of these postings. Its a win-win for everyone.

Every night now for past 2 month I come home from office and hit the bottle just to get some stress relief and then I wake up with a huge hangover and have to go to the office. I feel terrible all day and my performance sucks but nobody seems to... — read more 

I have been looking outside O&G for 8 months now and turning down offers because of a minimum 25% pay cut on the base pay and no bonus at all, compared to what i was making at SLB (25% higher pay and 20% bonus). I have tuurned down offers because of... — read more 

Have you experienced young SLB managers suddenly start speaking in French amongst themselves in the middle of group meetings being conducted in English? How rude and arrogant. Perhaps they need to be reminded that but for Americans, Canadians, Britts... — read more 

http://www.zerohedge.com/news/2016-05-18/saudi-arabia-admits-full-blown-liquidity-crisis-will-pay-government-contractors-ious

I am a young female engineer and somehow our segment president has got the hots for me but I am not interested in him at all however I don't want to lose my job if I say no. Any others have this type of experience? How should I handle it?

I have been looking all over the US for about 6 months now. No luck. I had been with SLB for 12+ yrs. Mech Engineer/Project Manager. I wish i could be called back. SLB was the only place i worked, I cant find work and i dont mind going back. Anyone... — read more 

To all that are still with Big Blue or no longer. Has everyone found new jobs or know of any jobs looking for experienced Ex-SLB. Instead of having negatives morale, at least we can share and network to support each other during these times. Not... — read more 

With prices up, Rigs will start drilling soon, put everyone back to work and get this webpage back to some positive info.

What does everyone think about buying Cameron. Right now Schlumberger has been laying off like crazy and so has Cameron. I get it, if there are no sales then the company shuts down. Anyone have any idea what the plan is with owning Cameron? Are they... — read more 

Will Schlumberger delete my data after I am let go? My data includes personal information, details of my family, photographs from events

http://www.zerohedge.com/news/2016-05-13/opec-epoch-over-%E2%80%93-where-are-oil-prices-headed-now

Based on what I read from this website about layoff. NGC DM got hit hard in the last 5 weeks, layoff after layoff with a lot of demotions in management level. Is Alaska DM next? I am have a house note, two cars and kids to pay their private school. I... — read more 

I love the way the organizational announcement says that this person has left to pursue other interests. Shame on immoral management of Schlumberger can't be honest to its employees

When is the Cameron IT layoffs are starting? Whether it is next week or 1st week of June?

Why do we continue to let foreign companies to buy our local business's and companies when they operate illegally and violate sanctions the US has against countries. The treat the American people horrible and do not honor or observe our customs or... — read more 

If you have recently been laid off, or moving forward get laid off soon and just reading this - please make sure you ask your HR Rep what state the Company (SLB) paid your IU Unemployment Benefits to. Its not always the state you work in as I have... — read more 

Finally, they got us in NGC. 18 techs and team leaders were laid off this week. Most of the supervisor were demoted to team leaders to keep their jobs, some refuses and they got out. Slb NGC has no more jobs, can't afford to buy parts, can't afford... — read more 

I was laid off and not on ILOA

I was drinking the night before and may still have alcohol in my blood which I know was a stupid thing to do. But, I have a wife and 4 kids to look after and I need my job and driving license. If I get the repairs done myself nobody is gonna know... — read more 

How many of you are willing to live blog here the general updates on this Friday? Make sure to post from your personal data plan

What did they announce today ?