Paal Kibsgaard says worst is over for oil services industry Quarterly loss was $2.16 billion; 16,000 jobs cut in 1st half Schlumberger Ltd. reported an unexpected loss and cut more jobs as cheap crude has pushed a recovery in the oilfield services market out further than expected. Chief Executive Officer Paal Kibsgaard said the worst may be over. Close all those tabs. Open this email. Get Bloomberg’s daily newsletter. Politics The latest political news, analysis, charts, and dispatches from the campaign trail. You will now receive the Politics newsletter Markets Your daily must-read for the most important news in markets. You will now receive the Markets newsletter Pursuits The best from Bloomberg on style, food and travel. Without opening 50 tabs. You will now receive the Pursuits newsletter Game Plan Advice nobody tells you about getting ahead at work, school and life. You will now receive the Game Plan […]