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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.
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.
(November 2020) (Learn how and when to remove this message) A furlough ( / ˈ f ɜːr l oʊ / ; from Dutch : verlof , " leave of absence ") is a temporary cessation of paid employment that is intended to address the special needs of a company or employer; these needs may be due to economic conditions that affect a specific employer, or to those ...
A new study shows employees would be willing to take drastic pay cuts to save their jobs, potentially avoiding almost 30% of layoffs.
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 ...
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 ...
Transarc (Transarc Corporation bought by IBM in 1994, became part of IBM proper in 1999 as the IBM Pittsburgh Lab) [11] 1995. Lotus Development Corporation for $3.5 billion. Information Systems Management Canada (ISM Canada) K3 Group Ltd. Chrysler Systems Leasing (February 1995) 1996.
See if you can follow this workplace math: 40 hours - 8 hours - 20% pay = 1. Translation: For a Canadian purchasing software company, reducing an employee’s 40-hour work week by 8 hours, with a ...