You have accessed this news story:
OFS - Streamlining effort will cost $1.2-1.4B, Schlumberger says - July 2020
Schlumberger expects efforts to trim down its organization and headcount will cost $1.2-1.4 billion. While noting that Q2 decline was steeper than expected, CEO Olivier Le Peuch said the reorganization is an act of looking beyond the downturn. The core of the reorganization was announced to employees in May. Schlumberger’s current system of “GeoMarkets and sub-GeoMarkets teams” will be replaced with five “basins” groups: Americas land; offshore Atlantic; Middle East and North Africa; Asia;......
Provide your credentials to access this page
Member Area: Log in if you have a PLS web account or Sign up for internet access now.
PLS Web Client?Log in to proceed
|Sign up for PLS Reports
& Web Access!
Already subscribed to Reports?
Sign up for Web Access!