The world’s largest oil-field service company, Schlumberger Ltd., said Thursday that it laid off 9,000 workers late last year, reducing global head count 7%. The company took more than $1 ...

Schlumberger Ltd., the world’s largest oilfield services provider, will eliminate an additional 11,000 positions in a sign the industry will undergo another round of job cuts as a result of ...

Schlumberger SLB is cutting 21,000 jobs, or around one-fifth of its total workforce, as part of structural changes in response to one of its worst quarters in decades. Revenue at the Houston ...

NEW YORK—The beleaguered oilfield services industry took another big hit Friday with Schlumberger announcing it would slash another 11,000 jobs, on top of the 9,000 jobs the company previously ...

Schlumberger Ltd., the world’s biggest oilfield-services company, tackled the “uncertain environment” of plummeting crude prices head-on by cutting about 9,000 jobs and reducing costs.

Schlumberger is cutting more than 21,000 jobs as the global coronavirus pandemic quashes demand for energy and oil prices are routed. The company will pay more than $1 billion in severance benefits.

Schlumberger, the world's largest oil field services company, said Thursday it will cut 9,000 jobs worldwide, and two other major companies announced hundreds of North Sea layoffs as fallout from ...

Schlumberger said late Tuesday that it will cut 1,600 jobs and close facilities in its SchlumbergerSema IT consulting business unit. The company will take a fourth-quarter charge of $2.89 billion ...

Another 11,000 people lost their jobs at Schlumberger, a company that provides tools and services for oil and gas companies. It's the second big layoff at Schlumberger this year. It cut 9,000 ...

Energy industry layoffs have moved into six figures, a number bolstered by the decision of Schlumberger Ltd. (SLB) to cut 10,000 people. The company's financial results made the decision nearly ...

Schlumberger Ltd.SLB-0.27%decrease; red down pointing triangle said Tuesday that it will cut its workforce by an unspecific amount as the oil-field service giant pares its activity in 2016 ...

Schlumberger is cutting more than 21,000 jobs as the global coronavirus pandemic quashes demand for energy and oil prices are routed. The company will pay more than $1 billion in severance benefits.