Tagged Schlumberger

Schlumberger Impresses With Cost Cuts, Resilient Margins

Rate this article Article Abstract: Schlumberger reports a smaller-than-expected fall in 1Q margins as it continues to execute tight cost controls to combat a decline in drilling activity. from Rigzone.com: Latest News Headlines Click Here To Read Full Article Visit Rigzone.com: Latest News Headlines for more great articles.

Schlumberger cuts 11.000 more jobs

Rate this article Article Abstract: Schlumberger, the world’s largest provider of services to the oil and gas industry, has announced a new round of job cuts. On top of the 9000 layoffs announced in January, the company has said it will let go 11.000 more workers, citing cuts in capex made by oil companies due to…

Schlumberger Will Cut 11,000 Additional Jobs

Rate this article Article Abstract: Schlumberger plans to cut 11,000 more jobs, bringing the total job cuts to 20,000 since January. from Rigzone.com: Latest News Headlines Click Here To Read Full Article Visit Rigzone.com: Latest News Headlines for more great articles.

Schlumberger to cut another 11,000 workers

Rate this article Article Abstract: Via Collin Eaton, FuelFix: 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…