Schlumberger job cuts reach 34,000

SCHLUMBERGER will lay off around 10,000 more workers in an aggressive cost-cutting drive to weather an expected prolonged slump in oil prices as it posted a slightly better-than-expected December quarter result.

Schlumberger job cuts reach 34,000 Schlumberger job cuts reach 34,000 Schlumberger job cuts reach 34,000 Schlumberger job cuts reach 34,000 Schlumberger job cuts reach 34,000

The company has already shed 26% of its workforce, some 34,000 jobs, since November 2014 and the latest round of retrenchments seems to indicate that the US company sees little prospect of a rally in

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