Home Schlumberger to slash 9,000 jobs as oil prices plunge
 

Keywords :   


Schlumberger to slash 9,000 jobs as oil prices plunge

2015-01-16 18:12:27| Oil & Gas - Topix.net

Schlumberger Ltd., the world's biggest oilfield-services company, tackled the "uncertain environment" of plummeting crude prices head-on by cutting 9,000 jobs and lowering costs at a vessels unit. The 7.1 percent workforce cutback, along with the reduction and reassessment of its WesternGeco fleet, were among steps leading to a $1.77 billion fourth-quarter charge in anticipation of lower spending by customers in 2015, the Houston- and Paris- based company said in an earnings report Thursday.

Tags: jobs prices oil slash

Category:Energy and Environment

Latest from this category

All news

23.11
23.11 NEXT
23.11
23.11(Rawlings)
23.11 DVD2
23.11
23.11 US Orig LP The Soul Searchers Salt Of ~
23.11Switch SR SL LED 2
Energy and Environment »
23.11
23.11 NEXT
23.11
23.11(Rawlings)
23.11 DVD2
23.11
23.11 US Orig LP The Soul Searchers Salt Of ~
23.11Switch SR SL LED 2
More »