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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.
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 prevailing in society as a whole.
In December, CEO Daniel Ek sent employees a note announcing the company’s third round of job cuts within a year — this time shrinking its workforce by 17%, or about 1,500 employees ...
Whatever recovery the jobs market posted in 2012, mass layoffs remained impressively high. Dozens of companies each fired thousands of workers, with failing firms at the top of the list based on ...
Since the start of the recession, 8.8 million jobs have been lost, according to the Bureau of Labor Statistics. [10] In the U.S., jobs paying between $14 and $21 per hour made up about 60% those lost during the recession, but such mid-wage jobs have comprised only about 27% of jobs gained during the recovery through mid-2012.
By Jennifer Booton IBM has initiated layoffs that have so far reached more than 1,600 positions, according to employee group Alliance@IBM. IBM confirmed the layoffs on Thursday but would not ...
On November 29, 2023, Unity Technologies announced the layoff of 265 employees, constituting 3.8% of its workforce. The layoffs are part of a "company reset," as reported by Reuters. All 256 affected workers were from Unity's Wētā Digital division, acquired in a $1.6 billion deal in 2021. Additionally, several Wētā FX tools and 275 ...