SLB is undertaking a reorganization of certain functions within its business operations. This restructuring effort is accompanied by expectations of continued workforce reductions.
According to a source familiar with the matter and an internal email, more job cuts are anticipated as part of this reorganization. This move aims to streamline operations and enhance efficiency.
The reorganization reflects SLB's ongoing efforts to adapt to evolving market conditions and optimize its cost structure. Such measures are typically implemented to improve financial performance and operational agility.
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