Thread regarding Schlumberger Ltd. layoffs

So much dead weight at Schlumberger

Only a slight increase in interest rates will put even more pressure on debt, reduce cash flow, and offset potential investors to simple short term cash.

25% of revenue coming from integrated projects in defaulting countries puts even more risk into the equation while the company still preserves its luxury of massive in-house MfG plants, multiple, non-value adding HQ's, endless chains of completely useless unqualified managers, VP's and directors. What does a global personnel director for MFG do in the Netherlands of all places. There are over 1,000 employed transformation gurus, yet none of them have real practical experience in any of the top five consulting firms. Forget about IT.

This company is a bad investment and unfavorable for anybody considering employment. But I'm sure their c-suite is fully aware of that but have very limited control. One can only imagine the conspiracies and mob power battles that cause their presidents being terminated.

Poor image...

Reposted from @PKPEacH-ake. Well said.

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| 2771 views | | 8 replies (last October 23, 2017) | Reply
Post ID: @OP+PMjeCZg

8 replies (most recent on top)

i like it more lay offs

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Post ID: @7ypn+PMjeCZg

1phz,

I was like you, blue blood and loved it until they kicked me out, I was manager too, they proved loyalty and advocacy means to prove you are weeks and vulnerable.

So I think we know you will be joining this side of the game soon.

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Post ID: @1gux+PMjeCZg

Listen top men at Schlumberger..if you had good managers you would not need to implement all your crazy transformation plans and waste of time Engage to Excel surveys.... these are basic management principles. Sad, very sad.

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Post ID: @1wap+PMjeCZg

There are managers of managers... totally clueless company. Too many waste of spaces trying to implement transformation, 5S, kanbans etc without understanding what they really mean. These retards would never get a job anywhere else.,......and they know it.

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Post ID: @1aba+PMjeCZg

F**king copycat

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Post ID: @1phz+PMjeCZg

Mangment can't be trusted here. Too corrupt to make layoff decisions because they are never held accountable. If you really mess up here, you just get transferred.

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Post ID: @ylj+PMjeCZg

100% correct, and my observation is most of these dead weights are

Well connected people who backstabbing is one still they are earning on!

These old mafia useless paper plyers are bad for investors and revenue and everything, like rat.

Paal has to get rid of these filth

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Post ID: @smw+PMjeCZg

Very much true.

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Post ID: @ujd+PMjeCZg

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