Share 'Schlumberger slashes 21,000 jobs amid pandemic oil rout'
Schlumberger slashes 21,000 jobs amid pandemic oil rout
By Associated Press July 24, 2020 at 9:29 a.m. CDT
Schlumberger is cutting more than 21,000 jobs as the global coronavirus pandemic quashes demand for energy and oil prices are routed.
The company will pay more than $1 billion in severance benefits.
The job cuts announced Friday, about a quarter of its entire workforce, puts the number of…
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