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

Posted on 1/15/15 at 8:19 pm to
Posted by Paige
Vice President of the OT
Member since Oct 2010
84748 posts
Posted on 1/15/15 at 8:19 pm to
Oil companies have been sending their customers/clients to win their business, you mean

It's called marketing
This post was edited on 1/15/15 at 8:20 pm
Posted by Ignignot
Member since Mar 2009
18823 posts
Posted on 1/15/15 at 8:19 pm to
Schlumberger isn't a giant
Posted by TigerHam85
59-024 Kamehameha Highway
Member since Nov 2009
31493 posts
Posted on 1/15/15 at 8:19 pm to
just pumped i can fill up my hybrid for less than a 20.
Posted by TigerFred
Feeding hamsters
Member since Aug 2003
27174 posts
Posted on 1/15/15 at 8:20 pm to
Good thing you will be able to spend the extra $20 a month when you are looking for a new job.
Posted by bigpetedatiga
Alexandria, LA
Member since Aug 2009
8626 posts
Posted on 1/15/15 at 8:20 pm to
Posted by Thib-a-doe Tiger
Member since Nov 2012
35374 posts
Posted on 1/15/15 at 8:21 pm to
quote:

Schlumberger isn't a giant



Uh, in the O&G service segment, yeah they are
Posted by tgrbaitn08
Member since Dec 2007
146214 posts
Posted on 1/15/15 at 8:21 pm to
People dont realize that we were on this same exact path in 2009-2010 ......Lots of business were on the verge of shutting down, when BP OIL SPILL..saves the lives of many people and many businesses.

We never felt the full brunt of an oil collapse not only because of the BP Spill, but also because of Hurricane Katrina. Both of those events masked the real situation that we would have been in.

While the rest of the country was suffering through a recession, we were creating spillionaires down here and our economy was booming.
This post was edited on 1/15/15 at 8:46 pm
Posted by Chillini
Member since Sep 2012
3153 posts
Posted on 1/15/15 at 8:21 pm to
quote:

Any chance this drives the economy into another recession?

This will have the opposite effect. More money to the average consumers will boost other industries. Local economies will feel the pain though.
Posted by TigerHam85
59-024 Kamehameha Highway
Member since Nov 2009
31493 posts
Posted on 1/15/15 at 8:21 pm to
quote:

Schlumberger isn't a giant



World’s Top10 biggest oilfield services companies list

1. Schlumberger(LINK )
2. Halliburton(LINK )
3. Saipem (LINK )
4. Transocean(LINK )
5. Baker Hughes(www.bakerhughes.com)
6. Fluor(LINK )
7. Weatherford International(LINK )
8. BJ Services Company(www.bjservices.com)
9. Petrofac(LINK /)
10. China Oilfield Services Ltd.(LINK )
Posted by BigOrangeBri
Nashville- 4th & 19
Member since Jul 2012
12280 posts
Posted on 1/15/15 at 8:22 pm to
A few thousand sacrifice for the benefit of hundreds of millions..........sounds alright to me.
Posted by Ignignot
Member since Mar 2009
18823 posts
Posted on 1/15/15 at 8:22 pm to
Also to note, if theyre already making lay offs in that size theyve been struggling before the price drop
Posted by TigerHam85
59-024 Kamehameha Highway
Member since Nov 2009
31493 posts
Posted on 1/15/15 at 8:22 pm to
quote:

It's called marketing



did you mean to say sales?
Posted by Paige
Vice President of the OT
Member since Oct 2010
84748 posts
Posted on 1/15/15 at 8:22 pm to
Seriously. Wtf

Who's a giant?
Posted by stout
Smoking Crack with Hunter Biden
Member since Sep 2006
167245 posts
Posted on 1/15/15 at 8:23 pm to
quote:

Good thing you will be able to spend the extra $20 a month when you are looking for a new job.



I have filled up 3 times this week so far. Saved about $100 I guess. Can't even get a BJ from Paige for that amount.
Posted by Paige
Vice President of the OT
Member since Oct 2010
84748 posts
Posted on 1/15/15 at 8:23 pm to
Same difference to me, so frick off you stupid punk arse bitch
Posted by Thib-a-doe Tiger
Member since Nov 2012
35374 posts
Posted on 1/15/15 at 8:23 pm to
quote:

Also to note, if theyre already making lay offs in that size theyve been struggling before the price drop



Wrong again. Service companies are the first to have rates slashed when this happens
Posted by SlowFlowPro
Simple Solutions to Complex Probs
Member since Jan 2004
422434 posts
Posted on 1/15/15 at 8:24 pm to
quote:

Can't even get a BJ from Paige for that amount.

you're 1/15 away from C-Rev money
Posted by Paige
Vice President of the OT
Member since Oct 2010
84748 posts
Posted on 1/15/15 at 8:24 pm to
$500 is the going rate
Posted by MrLarson
Member since Oct 2014
34984 posts
Posted on 1/15/15 at 8:24 pm to
I don't like any industry cutting jobs. Our business has survived the collapse of the construction industry. It's been tough, but we made it. If you lose your job, i hope you find work in something else.

But one fact does remain. The country/world has been held hostage by the O&G industry for 7+ years. Everyday workers will find empathy with little to no sympathy.
Posted by Louie T
htx
Member since Dec 2006
36302 posts
Posted on 1/15/15 at 8:25 pm to
You're an imbecile.
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