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Posted by
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Schlumberger cuts another 11,000 jobs in wake of oil crash
Posted by Street Hawk on 4/16/15 at 7:27 pm210
LINK
HOUSTON – Oil field services firm Schlumberger announced Thursday it plans to ax another 11,000 workers, kicking off what could be a second major wave of layoffs across the oil industry.
The move will bring Schlumberger’s layoffs up to 20,000 employees, roughly 15 percent of its workforce, since it began paring back its payroll earlier this year to cope with low oil prices. The nine-month oil slump has cost the energy industry more than 120,000 jobs so far, according to oil field staffing firm Swift Worldwide Resources.
HOUSTON – Oil field services firm Schlumberger announced Thursday it plans to ax another 11,000 workers, kicking off what could be a second major wave of layoffs across the oil industry.
The move will bring Schlumberger’s layoffs up to 20,000 employees, roughly 15 percent of its workforce, since it began paring back its payroll earlier this year to cope with low oil prices. The nine-month oil slump has cost the energy industry more than 120,000 jobs so far, according to oil field staffing firm Swift Worldwide Resources.
This post was edited on 4/16 at 7:28 pm
re: Schlumberger cuts another 11,000 jobs in wake of oil crashPosted by Tunasntigers92 on 4/16/15 at 7:28 pm to Street Hawk
I'd be an a-hole too if my last name was shlumbereger
This post was edited on 4/16 at 7:33 pm
re: Schlumberger cuts another 11,000 jobs in wake of oil crashPosted by When in Rome on 4/16/15 at 7:29 pm to Street Hawk
I would be so fracking mad
re: Schlumberger cuts another 11,000 jobs in wake of oil crashPosted by Double Oh on 4/16/15 at 7:30 pm to When in Rome
Good ole big blue
re: Schlumberger cuts another 11,000 jobs in wake of oil crashPosted by Thib-a-doe Tiger on 4/16/15 at 7:31 pm to Street Hawk
Meh, just another day to SLB
re: Schlumberger cuts another 11,000 jobs in wake of oil crashPosted by Rickety Cricket on 4/16/15 at 7:33 pm to Street Hawk
Isn't it a terrible working environment to begin with?
re: Schlumberger cuts another 11,000 jobs in wake of oil crashPosted by Thib-a-doe Tiger on 4/16/15 at 7:36 pm to Rickety Cricket
SLB takes care of their own. Higher safety standards than much of the industry too
re: Schlumberger cuts another 11,000 jobs in wake of oil crashPosted by rebeloke on 4/16/15 at 7:37 pm to Street Hawk
What the frack?
re: Schlumberger cuts another 11,000 jobs in wake of oil crashPosted by Sleazy E on 4/16/15 at 7:38 pm to Street Hawk
Not good. Can't remember the last time it was this bad
re: Schlumberger cuts another 11,000 jobs in wake of oil crashPosted by When in Rome on 4/16/15 at 7:39 pm to rebeloke
I already made that joke :(
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re: Schlumberger cuts another 11,000 jobs in wake of oil crashPosted by DownshiftAndFloorIt on 4/16/15 at 7:39 pm to Street Hawk
Damnit.
It's still early into this deal and we're already seeing some pretty big swings taken.
It's still early into this deal and we're already seeing some pretty big swings taken.
re: Schlumberger cuts another 11,000 jobs in wake of oil crashPosted by Oates Mustache on 4/16/15 at 7:43 pm to When in Rome
And it's been made 6,000 times before you on this board.
re: Schlumberger cuts another 11,000 jobs in wake of oil crashPosted by TimRiggins on 4/16/15 at 7:43 pm to DownshiftAndFloorIt
I find this odd.
I'm a soon to be grad and I was just offered a job by SLB for the D&M Segment. I turned it down because the job wouldn't begin until Q3 (August/September). Are they possibly pushing older employees out the door? Why are they still hiring grads if they've had to lay off 11,000 twice now?
I'm a soon to be grad and I was just offered a job by SLB for the D&M Segment. I turned it down because the job wouldn't begin until Q3 (August/September). Are they possibly pushing older employees out the door? Why are they still hiring grads if they've had to lay off 11,000 twice now?
re: Schlumberger cuts another 11,000 jobs in wake of oil crashPosted by When in Rome on 4/16/15 at 7:43 pm to Oates Mustache
Zing. You got me on that one baw.
re: Schlumberger cuts another 11,000 jobs in wake of oil crashPosted by Tunasntigers92 on 4/16/15 at 7:43 pm to Oates Mustache
Germans lol
re: Schlumberger cuts another 11,000 jobs in wake of oil crashPosted by The First Cut on 4/16/15 at 7:43 pm to Street Hawk
What is wrong with people? Why would someone up vote thousands of people losing their job?
re: Schlumberger cuts another 11,000 jobs in wake of oil crashPosted by jlc05 on 4/16/15 at 7:45 pm to DownshiftAndFloorIt
The French giving up again
re: Schlumberger cuts another 11,000 jobs in wake of oil crashPosted by DownshiftAndFloorIt on 4/16/15 at 7:48 pm to TimRiggins
All of the big companies are still hiring grads. They have to. If they quit hiring grads they will completely frick up the education system down here. PETE wouldn't recover any time soon from loosing shitloads of students to other fields. When it gets back good (and eventually it will) they wouldn't have any young cheap talent available.
Apparently they've already fired most of the people they wanted gone and now the "underperformers" with seniority are getting hacked. That's 2nd hand information though so im not sure how accurate it is.
Apparently they've already fired most of the people they wanted gone and now the "underperformers" with seniority are getting hacked. That's 2nd hand information though so im not sure how accurate it is.
re: Schlumberger cuts another 11,000 jobs in wake of oil crashPosted by Murray on 4/16/15 at 7:49 pm to The First Cut
quote:
What is wrong with people? Why would someone up vote thousands of people losing their job?
quote:
The First Cut
You got your pink slip 10,999 jobs ago and you're still bitching?
re: Schlumberger cuts another 11,000 jobs in wake of oil crashPosted by The First Cut on 4/16/15 at 7:51 pm to Murray
No, I'd never work for that organization. I just find it sad that anyone would take joy in someone else's misery.
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