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  2. Paal Kibsgaard - Wikipedia

    en.wikipedia.org/wiki/Paal_Kibsgaard

    Kibsgaard started his career with ExxonMobil in 1992, and joined Schlumberger in 1997. He became its CEO in August 2011, succeeding Andrew Gould, who retired as chairman and CEO. He was replaced by Olivier Le Peuch in August 2019. Under his leadership, the company laid off approximately 70,000 employees in less than three years.

  3. Schlumberger - Wikipedia

    en.wikipedia.org/wiki/Schlumberger

    Schlumberger. Schlumberger NV ( French: [ʃlumbɛʁʒe, ʃlœ̃b-] ), doing business as SLB, also known as Schlumberger Limited, [2] is an American oilfield services company. [3] [4] As of 2022, it is both the world's largest offshore drilling company and the world's largest offshore drilling contractor by revenue.

  4. Layoffs soared 98% in 2023 with employers in cost-cutting ...

    www.aol.com/finance/layoffs-soared-98-2023...

    Layoffs have begun to level off, and hiring has remained steady as we end 2023. That said, labor costs are high,” said Andy Challenger, senior vice president at Challenger, said in the report

  5. Schlumberger brothers - Wikipedia

    en.wikipedia.org/wiki/Schlumberger_brothers

    The Schlumberger company then tried to expand their activities to many other countries, but the attempts were hindered by the worldwide depression. On 15 September 1934, Schlumberger's subsidiary in the United States became Schlumberger Well Surveying Corporation (SWSC) with offices in Houston, Texas. Conrad was the chairman, and Marcel was the ...

  6. Why recent layoff announcements signal the end of ... - AOL

    www.aol.com/finance/why-recent-layoff...

    Loaded 0%. Corporate America can't seem to lay off workers fast enough. U.S. employers have already axed north of 100,000 jobs this year according to the latest figures from data firm Challenger ...

  7. Laid Off: What It Means and What To Do Next - AOL

    www.aol.com/laid-off-means-next-180811256.html

    As the year's final quarter is coming to a close, some of the world's largest companies are announcing significant layoffs. Meta Platforms, Inc., Amazon.com, Inc. and Twitter, Inc are just a few...

  8. Fairchild Semiconductor - Wikipedia

    en.wikipedia.org/wiki/Fairchild_Semiconductor

    Fairchild Semiconductor International, Inc. was an American semiconductor company based in San Jose, California. It was founded in 1957 as a division of Fairchild Camera and Instrument by the "traitorous eight" who defected from Shockley Semiconductor Laboratory. It became a pioneer in the manufacturing of transistors and of integrated circuits ...

  9. Too early to call impact of layoffs on macro economy - AOL

    www.aol.com/finance/too-early-call-impact...

    This layoff rate has ranged from 0.9% and 1.2% for most of the current recovery. During the prepandemic economic expansion, this figure trended between 1.1% and 1.4%. Many people who get laid off ...