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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.
The Worker Adjustment and Retraining Notification Act of 1988 (the "WARN Act") is a U.S. labor law that protects employees, their families, and communities by requiring most employers with 100 or more employees to provide notification 60 calendar days in advance of planned closings and mass layoffs of employees.
American began the year with about 140,000 employees but expects fewer than 100,000 to remain in October. U.S. air travel plunged 95% by April, a few weeks after the first significant coronavirus ...
In March and April 2020, a record 13.0 and 9.3 million workers (8.6% and 7.2%) were laid off, and the quit rate subsequently fell to a seven-year low of 1.6%. Much of the layoffs and resignations were driven by women, who disproportionately work in industries that were affected most by the lock-downs, like service industries and childcare .
Layoffs could be delayed if a deal is imminent. Toni Valentine, 41, a United reservations agent in Detroit who has been with the airline for 15 years, has been told she’ll be laid off this week.
While 64.9% of senior employees at the director level or higher reported being confident in their employer’s six-month outlook, just 48.9% of mid-senior level workers and 48.8% of entry-level ...
Schlumberger United States: 386 30,440 Petroleum Refining Sinopec Group China: 3 326,953 Pharmaceuticals China Resources China: 86 82,184 Pipelines Energy Transfer Equity United States: 217 47,487 Railroads Deutsche Bahn Germany: 211 48,124 Real Estate China Evergrande Group China: 230 46,019 Semiconductors & Other Electronic Components Intel ...
The district, which employs about 8,500 staff in total, has said that employees affected by the layoffs can apply to other available positions. ... After the Covid-19 pandemic hit in 2020 ...