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re: I heard layoffs happened at Schlumberger today

Posted on 1/14/15 at 10:32 am to
Posted by htownjeep
Republic of Texas
Member since Jun 2005
7616 posts
Posted on 1/14/15 at 10:32 am to
quote:

Saudis are too greedy to keep the price this low.

They are doing exactly what they planned on doing as far as production levels. They did the world a favor yrs ago when this happened last and ended up losing market share.

They are doing what any savvy business person in their position would do. I would, you would, and the overwhelming majority of everyone here would do the same thing if you are honest with yourself.
Posted by Louie T
htx
Member since Dec 2006
36328 posts
Posted on 1/14/15 at 10:35 am to
Nah, other industries are looking out for the greatest good for common people. They don't care about no stinking stakeholder maximization.
Posted by BIGDAB
Go for the Jugular
Member since Jun 2011
7468 posts
Posted on 1/14/15 at 10:41 am to
I'm a highly skilled galley hand. Is my job safe?
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