Redundancies and litigation on the horizon for Schlumberger in Africa

The Houston-based oil services leader, which was founded nearly 100 years ago in France, has initiated a wave of job cuts affecting 21,000 employees, a quarter of its workforce. Schlumberger blames the effects of the Coronavirus crisis on the oil sector, with a barrel of oil now hovering around $40.

16/09/2020 at 17h13, by Africa Business+

Schlumberger, whose business is dependent on

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