Schlumberger Limited. (NYSE:SLB) To Reduce Additional 11,000 Jobs

Schlumberger Limited. (NYSE:SLB) announced that it plans to cut an additional 11,000 jobs, after it announced job cuts of 9,000 back in January. The two job cuts sums the total number of job cuts to 20,000. The management said that in spite of the necessary preparations in 4Q, the company witnessed a fall in drilling […]