Schlumberger Ltd.,SLB0.70%increase; green up pointing triangle the largest oil-field service company in the world, will cut an additional 11,000 workers from its ranks, bringing the firm’s ...

It's yet another reminder that cheap oil isn't good for everyone: 9,000 workers have lost their jobs at Schlumberger, a company that provides tools and services for oil and gas companies.

Oilfield services giant Schlumberger plans to cut 9,000 jobs as the global collapse in crude oil prices crimps production in 2015 and perhaps even longer. The cuts — nearly 8% of Schlumberger's ...

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 ...

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 ...

The exterior of the Schlumberger Corporation headquarters building is pictured in the Galleria area of Houston January 16, 2015. REUTERS/Richard Carson/Files 33,608 people played the daily ...

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 ...

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 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 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 ...

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 Ltd. reported a 39% decline in first-quarter earnings and announced further layoffs, as lower oil prices has slowed drilling activity in North America. "The abruptness of the fall in ...