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Schlumberger revokes IIT job offers, lowers salaries after the massive crude oil price crash
The oilfield services multinational said that it is adjusting to the ‘sudden reduction in consum…
Inside BP's plan to dominate the global solar industry and rival the world's largest operators
Welcome to Insider Energy, Business Insider's weekly energy newsletter. Sign up to get it in your i…
Benji Jones
Schlumberger is slashing its global workforce, but workers in 1 country say the company is taking advantage of weak labor laws to stiff them of fair severance
Schlumberger workers in Ivory Coast who were laid off amid the oil downturn say the company isn't p…
Benji Jones,Ruqayyah Moynihan
Power Line: $2 billion for clean energy — Schlumberger job offers disappear — 22 top energy stocks
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Benji Jones
Oil giant Schlumberger warns that job cuts aren't over
In a regulatory filing on Tuesday afternoon, the oilfield services giant said it expects to take a …
Akin Oyedele
Oilfield Services Company Schlumberger Is Cutting 9,000 Jobs
In addition to announcing job cuts, Schlumberger reported earnings per share of $1.50, excluding sp…
Myles Udland
Oilfield services giant Schlumberger announces another round of massive job cuts
In a statement, CEO Paal Kibsgaard said: "In spite of the detailed preparations we made in the four…
Akin Oyedele
SCHLUMBERGER: The oil recovery 'appears to be delayed'
He also said, "As we enter the last quarter of the year, the oil market is still weighed down by fe…
Akin Oyedele
SCHLUMBERGER: The oil market has 'reached the bottom of the cycle'
To weather the downturn, Schlumberger has lowered prices for its clients and allocated capital most…
Akin Oyedele
Internal documents, leaked audio, and 19 insiders reveal Exxon made managers dub more employees poor performers as the oil giant sought to quietly cut staff
Amid crashing oil prices, Exxon made changes to its performance evaluation system that drove deeper…
Benji Jones
Insiders and leaked audio reveal new details of job cuts at Exxon
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Benji Jones
As oil gains stall, the nation's largest oil company looks to job cuts
Welcome to Insider Energy, Business Insider's weekly energy newsletter. Sign up to get it in your i…
Benji Jones
One in four Indians in the working age is unemployed as corporate layoffs continue— making crisis worse and delaying economic recovery
This comes in the backdrop of the ongoing job crisis due to the lockdown. Companies are aggres…
Job cuts surged 218% in January
John A. Challenger, CEO of Challenger, Gray & Christmas, said "The pace of downsizing in the en…
Akin Oyedele
REPORT: Halliburton is cutting up to 6,500 jobs
Halliburton is slashing 8% of its workforce, the latest in a wave of job cuts that is sweeping thro…
Akin Oyedele
Oil services company Weatherford is slashing 8,000 jobs
Due to the quickly changing market conditions, we are aligning and reducing our cost as well as org…
Myles Udland
Oil crash aftershocks send job cuts to a 3-year high
"We could be witnessing the after-effect of the severe and protracted recession. Much like the gene…
Akin Oyedele
The state of Wall Street's drug culture
In today's big story, we're looking at whether Wall Street has a drug problem.
Dan DeFrancesco
The top energy stories of 2020 - and what to expect in the year ahead
Welcome to Insider Energy, Business Insider's weekly energy newsletter. Sign up to get it in your i…
Benji Jones
IIT Kharagpur is the only Indian university to make it to top 100 in THE Impact Rankings 2020
Indian Institute of Technology (IIT) Kharagpur became the only Indian institute to feature in top 1…