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Schlumberger axes 9,000 workers

Michael Allan McCrae | January 16, 2015 | 8:17 pm Energy 

Oil and gas service giant Schlumberger (NYSE:SLB) announced that it is reducing its headcount by 9,000 due to "lower commodity pricing and anticipated lower exploration and production spending in 2015." The announcement was folded into the company's year end. “In...

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