Schlumberger, the world’s largest oil services company, has announced 9,000 layoffs among its 123,000 employees, with most of the layoffs reportedly projected to be in North America. The oil services ...

HOUSTON — Oilfield services giant Schlumberger Ltd. painted a bleak picture of the oil patch Friday, reporting a 17 percent drop in fourth-quarter earnings and saying it will cut 5,000 jobs worldwide ...