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re: I heard layoffs happened at Schlumberger today

Posted on 1/13/15 at 6:01 pm to
Posted by EA6B
TX
Member since Dec 2012
14754 posts
Posted on 1/13/15 at 6:01 pm to
quote:

Anybody know anybody that was affected? How about people working in other oilfield services and related companies? Seems like tough times for folks the O&G industry. Folks are saying cuts are turning out to be worse than the 2008 down turn.


I feel most sorry for the kids that started in a Petroleum Engineering program 4 years ago and were lined up for a high paying job when they finished in May. I have no idea how bad it will be for the new grads, but in the "busts" of the 70s and 80s, it reached the level of " I have a PE degree, would you like fries with that order?"
Posted by ForeverLSU02
Albany
Member since Jun 2007
52186 posts
Posted on 1/13/15 at 6:03 pm to
quote:

I feel most sorry for the kids that started in a Petroleum Engineering program 4 years ago and were lined up for a high paying job when they finished in May.
When I graduated in '08 everyone in my class at LSU had a job before graduation. Now I'm hearing it's 50/50. Texas A&M petroleum engineering department sent out letters to applicants suggesting they rethink their future plans. It's gotten bad
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