Thread regarding Schlumberger Ltd. layoffs

Slb to buy Baker Hughes

Rumor has it,slb is going to acquire Buy us (aker) and do what they did to Smith, I am so scared, this is how slb is, unsinkable and merciless.

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11 replies (most recent on top)

You guys must be crazy to feed this rumor. The Weatherford JV is already imploding.

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Merger or not who cares. Industry is dead in the water anyway. The brightest will move to growth industries while the dimmest will stay for the slugfest.

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Get ready to hear the phrase BEST OF THE BEST over and over again when they discuss merging the two companies. Problem is they think their system is the best while you lose your benefits and perks. Then the new phrase becomes MORE WITH LESS.

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Why do you have to be such a jerk?

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Perfect timing - with campuses expanding and with our Bit department lagging behind our competitors Legacy Smith team will need help taking down Xmas decorations and gardenening Next Year. Baker can fill the gaps! And maybe able to show our guys how to wash a car or 2 in the parking lot!

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Perfect timing - with campuses expanding and with our Bit department lagging behind our competitors Legacy Smith team will need help taking down Xmas decorations and gardenening Next. Year. Baker can fill the gaps!

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I say buy it then there will no more layoffs on the floor Houston is putting out record bits everyday up to 35 a day is what I hear not bad keep up the good work boys ..

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Yes that worked out so well for Halliburton .

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Even if they did buy BH, they would most certainly do what they did to Smith. First they will admit they screwed up Smith, then they will promise to give you the best of the two companies' benefits. Then they will break every promise they will ever make to you. In five to six years you will welcome a layoff.

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After GE realised it was a big financial mistake!

GE likely to sell o&g unit and focuses on light bulb core business.

It is just matter of time slb buys it at much cheaper price, for market share not for tech.

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It won't get the regulatory approval.

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