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Schlumberger reports big 4Q loss, says cut 10,000 more jobs

2016-01-22 03:12:53| Energy - Topix.net

" Schlumberger said Thursday that it lost more than $1 billion and slashed another 10,000 jobs in the fourth quarter as tumbling energy prices took their toll on the world's largest oilfield services company. Like others in the industry, Schlumberger NV has been hard hit by the downturn in the energy sector and it warned that it doesn't expect a turnaround soon.

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