SLB has the mind set that employees take care of management, and employees will take it or leave. Watched them let go 15-25 year employees from SMITH AND M-I SWACO just to save certain managers and move SLB legacy employees into to those positions, even it almist all cases tge SLB employee had no idea what to do. Amazing to see SLB employees asking on LinkedIn, social media, blogs etc. How to do thier job. Really, sending a wireline operator to a rig as a mud engineer just seems silly, especially when you let go of experinces employees. Layoffs come and go, yet don't destroy great companies to keep bonus and egos pumoed up. Why is reputation, stock prices, market share and customer's confidence dropping for SLB, I think stock holders and customers need to look at SLB's top first. Destruction of companies taken over, removal great knowledgeable employees just so they can take multi-million dollar bonuses.
Agreed, @OLdCNkt-1tfi. This is beyond ridiculous, and it will bring the company down. But hey, all for a quick save that will show up on the quarterly report...