World's largest oil service company fires 11,000

The oil service company Schlumberger will before long have reduced its workforce by 15 percent in recent months, and currently there is no sign of improvement in the industry.
Photo: Ole Jørgen Bratland - Statoil
Photo: Ole Jørgen Bratland - Statoil

The world's largest oil service company, Schlumberger announced last night mass layoffs of 11,000 employees in all.

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