In 2016 , for example , around 8,000 staff were laid off from the company at a time where the company ’ s North American margins fell into negative territory - a period noted by Infill Thinking as SLB bracing for “ the darkest phase of downturn ”.
On his appointment and subsequent earnings call , Le Peuch was quoted professing his pride for the company ’ s “ high performing ” team throughout 2019 , and his privilege to now lead them off the back of what he professed was “ a challenging year ”, which saw SLB post US $ 10.1bn loss .
And now more established in the top seat at SLB , he oversees product sales and services in more than 120 countries at a company employing a diverse workforce of approximately 100,000 representing in excess of 140 nationalities . Its comprehensive range of products and services cover the likes of exploration through production and integrated pore-to-pipeline solutions that optimise hydrocarbon recovery to deliver reservoir performance in keeping with SLB ’ s vision to define and drive high performance , sustainably by balancing the opportunities and risks of energy transition and climate change consciously .
In 2020 , SLB launched its New Energy business to explore partnerships and opportunities in low-carbon and carbon-neutral technologies , setting
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