QUOTEBOX-Schlumberger CEO on the effects of low oil prices
April 17, 2015 at 09:27 AM EDT
April 17 (Reuters) - Schlumberger Ltd, the world's No. 1 oilfield services provider, said it would cut a further 11,000 jobs and had reduced its capital spending plan for the year in anticipation of an extended lull in activity and slump in pricing.