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  2. 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.

  3. 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.

  4. Companies are gearing up to give out pay raises—but ... - AOL

    www.aol.com/finance/companies-gearing-pay-raises...

    Still, this year’s pay bumps aren’t nearly as big as last year’s. In 2023, about 86% of financial executives planned pay raises. Sixteen percent planned a 10% or higher pay raise, 70% ...

  5. Offering employees pay cuts to stave off layoffs might be ...

    www.aol.com/finance/offering-employees-pay-cuts...

    A recent working paper published in the National Bureau of Economic Research found that out of more than 2,500 workers collecting unemployment benefits in Illinois, 60% would have accepted a pay ...

  6. Many workers facing a layoff would accept a 25% pay cut to ...

    www.aol.com/finance/many-workers-facing-layoff...

    A new study shows employees would be willing to take drastic pay cuts to save their jobs, potentially avoiding almost 30% of layoffs.

  7. Great Resignation - Wikipedia

    en.wikipedia.org/wiki/Great_Resignation

    The Great Resignation, also known as the Big Quit [2] [3] and the Great Reshuffle, [4] [5] was a mainly American economic trend in which employees voluntarily resigned from their jobs en masse, beginning in early 2021 during the COVID-19 pandemic. [6] Among the most cited reasons for resigning included wage stagnation amid rising cost of living ...

  8. Halliburton - Wikipedia

    en.wikipedia.org/wiki/Halliburton

    Halliburton Company is an American multinational corporation and the world's second largest oil service company which is responsible for most of the world's largest fracking operations. [6] It employs approximately 55,000 people through its hundreds of subsidiaries, affiliates, branches, brands, and divisions in more than 70 countries.

  9. Unfriendly skies: Airline workers brace for mass layoffs - AOL

    www.aol.com/article/finance/2020/09/29/...

    To receive the aid, companies agreed not to lay off employees through Sept. 30. That “Payroll Support Program” helped many stay on, and keep health care and other benefits. It all runs out on ...