Thread regarding Schlumberger Ltd. layoffs

Big salary raise and special bonus waiting for SLB management!

To accommodate their luxurious life style and year end parties as always

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SLB investments during the current cycle

Maintain Management Pay rates and bonus rate

Token gesture stop merit

Reduce the prices to keep the work and help clients

Cut investment in the field

Cut the field bonus

Protect the share price through dividends

In summary look after Managers, customers, shareholders and take from the people who perform the day to day cash generation roles. Transformation in action.

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Of course, we are just f-ing cost, collateral and liabilities.

There are thousands like us, out there, younger, smarter, motivated,fresh and junior.

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Take a look at the news. During this downturn, the compensation for SLB executves has been increased every year while so many employees lost their job.

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21% drop in share price in one the math.

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Hey where de fuggin cash

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