Thread regarding Schlumberger Ltd. layoffs

The 12 step program

The AA 12 Step Program for OFS:

1.Transfer in a new VP, Director, or President - seek someone without any real knowledge about the business/industry - try to pick one who failed everything else so far but "knows people"

2.Pay this guy a lot of bonus to turn the ship around but only pin it onto soft initiatives instead of actual revenue - this way no one can hold you responsible

3.Sell or mothball all your revenue generating assets

4.Lay off anybody with knowledge and skill

5.Pay retention bonuses to useless brown nosing staff and anybody who does not generate any value

6.Lay off anybody asking questions or contesting anything possible

7.Hold higher market forces responsible for no revenue and switch the business model to AI and IoT without any real financial justification

8.Bottom feed - Bid and win on work that no one else is willing to do and lose lots of money

9.Outsource work to whomever you sold your assets to

10.Assign a highly paid team to acquire the competition and of cause lay them off too

11.Attend job fairs to fake you have openings but still hire a few otherwise you have no one to fire soon

12.Celebrate your promotion for a job well done and hand out meaningless achievement awards to selected super s---ers in step 5

Found this post ( @WduJ8lw-1jor ) on one of the threads and, at first, it got me laughing. On the other hand, never mind the irony of the post, but the sad thing is that this is pretty much the way things are really done at the company

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| 1551 views | | 3 replies (last November 26, 2018) | Reply
Post ID: @OP+WfjVpSf

3 replies (most recent on top)

Slb is too big and gone out of control.

Only downsizing helps the brand to survive.

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Post ID: @5htt+WfjVpSf

1,2, 7, 12 are kind of familiar......

Make a SLB legacy person run Bits, Drilling Tools, MI or Geoservices and then watch him worm his way around with b---s--- scenarios, blaming ‘external’ forces for lack of success.

Burn client relations fighting over internal SQ NPT KPI’s then celebrate losing contracts, as ‘obviously’ the clients were id--ts and didn’t pay for the sh*tty service.. we are SLB, we are the best.. (on paper after we’ve manipulated Quest relassification of SQ events.....)

Comedy Gold

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Post ID: @5xkn+WfjVpSf

This is the Schlumberger way

The dumb way

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Post ID: @2jxv+WfjVpSf

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