Gould said the company, which announced plans in January to cut 5% of its 87,000-strong workforce, would probably make headcount cuts of a similar size in the coming months.
Shares of the world's largest oilfield services company rose 9.9% to $45.63, reversing a sharp sell-off on Friday after a Citi analyst said oilfield service companies could announce profit warnings this week.
Gould,
