Schlumberger to cut thousands of jobs after "challenging" quarter

After the "most challenging quarter in decades", oil service company Schlumberger relays plans to slash 21,000 jobs.
Photo: Richard Carson/Reuters/Ritzau Scanpix
Photo: Richard Carson/Reuters/Ritzau Scanpix

US-based oil service company Schlumberger announced plans Friday last week to eliminate 21,000 staff positions after the group exited its "most challenging quarter in decades," writes media DN Investor.

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