re: Schlumberger announces 9000 job cuts due to low oil prices

quote:

---

Dividends to shareholders?

---

I would think they kept a little.

Sounds like the brass is trying to keep off (or avoid altogether) their pay cuts/reduced bonuses as long as possible and taking the opportunity to trim some fat, as well.

That's the playbook for every other industry so I don't see what makes oil so special in that regard.