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re: I heard layoffs happened at Schlumberger today

Posted on 1/14/15 at 10:26 am to
Posted by tgrbaitn08
Member since Dec 2007
146214 posts
Posted on 1/14/15 at 10:26 am to
quote:

Sounds to me more upper tier people (that I'm sure have more than enough money) are getting the axe right now.




quote:

Industry executives say companies are reluctant to let highly skilled workers go, especially when oil prices are likely to rebound in the next couple of years as global energy demand rises. But rig and fracking crews will inevitably be let go first, they said, since those workers can easily be rehired or replaced when drilling rebounds.
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