Schlumberger will further reduce its workforce by 6500 in Q4 as part of further cost reduction measures due to decrease in activity.
All locations except Norway and France will be impacted.
6 replies (most recent on top)
Norway and France have labour protection laws. Why do you think they are closing SFTC and moving activity to France?
Why Norway and France are safe.?
Hillary is for sure to be elected. After Nov. 8th, the axes be coming down at all NAM locations. This is pretty much unavoidable at this moment.
SLB for sure is going to exit certain GeoMarkets or services completely then nuke the entire population in those country or segments. Otherwise any further cuts will not be organizationally sustainable.
EAF flying squad terminated, numbers unknown. Must be Cameron cuts next. No meat on the bone anywhere else.
Viva la France!