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Weatherford International Ltd. Layoffs

Messages relating to layoffs at Weatherford International Ltd. are presented below the company info.

Weatherford International Ltd.

Company information:

Industry/Area of Activity:
Oil Equipment, Services & Distribution
Company Stock Ticker:
WFT
Stock traded at:
NYSE
Industry Code:
573

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Posts regarding layoffs at Weatherford International Ltd.

Go to thread Anonymous7330, Monday 03/31/14 16:49:49 UTC

North Dakota News?

Does anyone have any information on employees in North Dakota? I have heard but have no confirmation that the company is pulling out of the state entirely. Anyone know for sure?
Reply to this post | This thread: 24 views | No replies yet
Go to thread Anonymous6764, Thursday 03/20/14 15:19:03 UTC

Severance (learn from my mistake)and be prepared.

I was laid off 4 days before the end of a pay period (salaried employee). I was told I would also be paid 2 weeks pay since I had been employed over two years. I received my last paycheck and it was my normal pay with regular deductions. My severance check had deductions for pay (meaning I was overpaid because I was laid off four days before the end of the pay period) and had to pay the company back for those days I was not with the company. Also my two weeks pay was exactly that (10 paid days)and not a full check. I didn't realize as a salaried employee I would be deducted pay for those days nor did I realize that two weeks pay was literally 10 paid days. So, if you happen to be laid off realize and prepare that your severance pay may be deducted for being over paid if you are let go before the pay period ends. I also only had 4 days of insurance left as it ended at the end of the month. If you have expenses make sure you close out your p-card expenses and approve your statement. They may go unnoticed otherwise. Hope this helps anyone else affected by layoffs. God bless.
Reply to this post | This thread: 180 views | 2 replies
Go to thread Anonymous6359, Wednesday 03/12/14 06:54:14 UTC

I wonder if WFT will cull some fo the Management?

I wonder if WFT will start cutting some of the top mamnagers or managers in general. There was that email about Nick Gee leaving so he has obviously been fired but there are really a lot that should have known about the issues and stopped them. I mean there appears to be a large amount of Managers in this company, and from what is happening, they don't seem to be doing a very good job...
Reply to this post | This thread: 693 views | 4 replies
Go to thread Anonymous6353, Wednesday 03/12/14 04:45:46 UTC

Australia Layoffs

Heads are rolling in the office, mainly out of Shared services (HSE,Admin,Contracts) - Hard times & Bitter hearts, I hope Shareholders will be happy with what they brought on the company, capitalizing on employees paychecks as an easy way out of WFT mishap with Sanctions, Bribery, Tax evasion and loss of lawsuits.
Reply to this post | This thread: 253 views | 1 reply
Go to thread Anonymous6255, Monday 03/10/14 20:15:24 UTC

Any new news?

This site sure has been quiet the last few days.....
Reply to this post | This thread: 750 views | 12 replies
Go to thread Anonymous6024, Thursday 03/06/14 16:50:09 UTC

Outplacement help?

Hi, Has anyone heard of the company offering to help anyone to find another job through outplacement services/putting folks in touch with the recruitment agencies it deals with?
Reply to this post | This thread: 145 views | 2 replies
Go to thread Anonymous6023, Thursday 03/06/14 16:47:55 UTC

HR Ax

Folks in HR seem to view this as being 'the time when they earn their money'. All seems very transactional & impersonal/numbers driven. From the other side, it feels like they should have been earning their money by providing better service and guidance before now by being closer to managers. That's not to say anyone would have listened. BTW: I don't blame HR for this situation. They aren't revelling in it - more being encouraged to swing the ax around their heads in a way that doesn't inspire anything other than a feeling you're just a number.
Reply to this post | This thread: 96 views | 1 reply
Go to thread Anonymous5919, Wednesday 03/05/14 02:42:43 UTC

Fun Fact

As a former employee in the Calgary region, its pleasing to know the company spends 50K per year on donuts. Money that could have well gone to keep someones job around, i wonder how many more of these types of cuts could have been made?
Reply to this post | This thread: 306 views | 1 reply
Go to thread Anonymous5838, Tuesday 03/04/14 06:34:37 UTC

Weatherford PC Calgary Layoffs

Small cuts happened today, three people were let go at PC calgary
Reply to this post | This thread: 234 views | 1 reply
Go to thread Anonymous5830, Tuesday 03/04/14 01:57:18 UTC

Weatherford Canada Layoffs

Any info on how Canada will be treated in the layoffs? I heard that some folks were let go already - I am very anxious
Reply to this post | This thread: 295 views | 2 replies
Go to thread Anonymous5760, Monday 03/03/14 06:22:11 UTC

1000 people have been laid off

It looks like since last week a 1000 people have been laid off.
Reply to this post | This thread: 581 views | 3 replies
Go to thread BOP (Janitorial ), Sunday 03/02/14 22:36:06 UTC

Math not strategy.

Reply to this post | This thread: 36 views | No replies yet
Go to thread Anonymous5583, Friday 02/28/14 12:23:22 UTC

Recruitment

All this - and yet, there are over 500 positions still advertised externally (go to the careers page of our external website and simply click on 'search' with no criteria chosen). Many of these roles look like they could be filled by folks with skills on here that have been laid off. No thought for people & their lives. Farce.
Reply to this post | This thread: 602 views | 7 replies
Go to thread Anonymous5576 (severance package), Friday 02/28/14 09:31:36 UTC

How long does it take.

For anyone who has obtained a severance. How long after being laid off did it take?
Reply to this post | This thread: 445 views | 4 replies
Go to thread Anonymous5533 (HERE), Thursday 02/27/14 15:55:16 UTC

FACT

4 FROM ALVIN WAREHOUSE AND 13 FROM PEARLAND PP/TUBING...THIS WAS ON TUESDAY.
Reply to this post | This thread: 78 views | 1 reply
Go to thread Anonymous5494, Thursday 02/27/14 05:27:34 UTC

Q1 downsizing

We have made significant progress on this front with 6,192 positions already identified for termination starting the end of the first quarter with estimated annualized cost savings of $466 million
Reply to this post | This thread: 575 views | 7 replies
Go to thread Anonymous5484, Thursday 02/27/14 03:02:20 UTC

RE:Severance Pay

I havent been axed yet i guess its due to haveing steady customer but expenses were cut and thats got to be very bad for field hands working out of town,i hope you guys getting axed get your severance as promised and quickly, there are doubts in my mind due to company owing tax money and fines still,maybe i need to jump ship and take customer with me,good luck to all with your next employer maybe you wont be just a number
Reply to this post | This thread: 36 views | No replies yet
Go to thread Anonymous5463, Wednesday 02/26/14 23:16:12 UTC

IT Dept

The IT Dept has already been hit several times...Seems like they are coming every few days...10 here, 10 then...just hurry up and do it already. Tired of playing this little game and waiting. if you gonna lay us off, then just do it already. I wonder how they pick who will be laid off?
Reply to this post | This thread: 251 views | 3 replies
Go to thread Anonymous5423 (N/A), Wednesday 02/26/14 17:03:25 UTC

Sad day

It's a very sad day at SJP.
Reply to this post | This thread: 562 views | 9 replies
Go to thread Anonymous5397, Wednesday 02/26/14 09:28:20 UTC

Petroleum Consulting Massive Hits - Early March 2014

That's what I heard, many rumors flying around - this affects all of us here at Weatherford, however this seems not to be a rumor, I talked to a fairly senior person in Consulting
Reply to this post | This thread: 326 views | 3 replies
Go to thread Anonymous5368, Wednesday 02/26/14 03:38:28 UTC

Some random employee

The parting of the Red Sea begins.
Reply to this post | This thread: 136 views | 2 replies
Go to thread Laid off This week (Some Department @ SJP), Tuesday 02/25/14 20:15:12 UTC

Spent over a decade working for th4e company. Nice company, was given a 9 week max severance.

Reply to this post | This thread: 228 views | 1 reply
Go to thread Anonymous5261, Tuesday 02/25/14 16:47:10 UTC

Gulf Bank

20 Laid off from the Gulf Bank office.
Reply to this post | This thread: 221 views | 4 replies
Go to thread Anonymous5075, Monday 02/24/14 18:11:23 UTC

JFK

6 good people lost at JFK today. They will be missed.
Reply to this post | This thread: 157 views | 2 replies
Go to thread Laid Off Techie (Well Completion Technology ), Monday 02/24/14 18:00:46 UTC

I just got laid off this morning, after being permanent for just 7 months.

They told me I was part of the 7,000 employee reduction. 2 weeks severance. I was doing IT work - special projects, MS Access, VBA, SQL.
Reply to this post | This thread: 47 views | No replies yet
Go to thread Former employee (corporate), Sunday 02/23/14 14:37:15 UTC

How Weatherford lays off employees

I was laid off last year from WF's SJP location. I had been there for many years. WFT likes to ride below the radar and layoff people in amounts that don't raise a lot of attention. There is never going to be thousands let go all at once. It will be 20 here, 20 there, maybe the next month it's a little more or a little less. Regarding IT, the people are great, but they are worked to death. in 2010, i think, there was a large layoff that got rid of a lot of IT, leaving a bare minimum. WFT outsourced the IT issues to India and employees HATED it. It was terrible. I suppose they have been ramping back up, but IT was one of the first cuts.
Reply to this post | This thread: 120 views | 1 reply
Go to thread Anonymous5023, Sunday 02/23/14 07:42:47 UTC

is weatherford a good company to work for

ewcently applided, I work in IT, any comments
Reply to this post | This thread: 186 views | 2 replies
Go to thread Anonymous4920, Friday 02/21/14 23:19:54 UTC

What will happen when we let go a thousand or two

This is peanuts now, and it hurts so bad. Cannot imagine what's gonna happen when thousands are let go. Imagine that mayhem!
Reply to this post | This thread: 6 views | No replies yet
Go to thread Friday (Who Cares), Friday 02/21/14 14:31:17 UTC

Some sort of

I heard atleast 50 people so far this week at SJP. No specifics tho. Looks like mostly admin/coordinator support kind of roles.
Reply to this post | This thread: 14 views | No replies yet
Go to thread Anonymous4862, Friday 02/21/14 01:12:19 UTC

No downsizing info on St James Place.

Sorry
Reply to this post | This thread: 10 views | No replies yet
Go to thread Just Me (my dept), Thursday 02/20/14 19:12:56 UTC

Just Me

So, does anyone know about SJP yet?
Reply to this post | This thread: 9 views | No replies yet
Go to thread Anonymous4811, Thursday 02/20/14 18:12:44 UTC

Global Supply Chain Downsizing

Confirming job cuts at Global Supply Chain, not big though, a handful off people
Reply to this post | This thread: 12 views | No replies yet
Go to thread Anonymous4804, Thursday 02/20/14 17:51:49 UTC

JFK

Today's at JFK have been the Global Supply Chain. The people lost last week were too.
Reply to this post | This thread: 12 views | No replies yet
Go to thread Anonymous4803, Thursday 02/20/14 17:43:22 UTC

More at JFK

There have been a handful of people let go from JFK this week. Not sure of exact number or department.
Reply to this post | This thread: 10 views | No replies yet
Go to thread Anonymous4781, Thursday 02/20/14 06:59:38 UTC

@"Felt the wind blow"

Who got axed?
Reply to this post | This thread: 27 views | No replies yet
Go to thread Felt the wind blow (right next to someone that just got let go), Wednesday 02/19/14 15:58:18 UTC

hum

yep...happing at SJP...one down right around the corner from me.
Reply to this post | This thread: 7 views | No replies yet
Go to thread SOME ONE ELSE (HERE), Tuesday 02/18/14 14:45:37 UTC

TOOT BLOWER

Way to go Some One! You are right on the money! If everyone would stop thinking about the "what ifs" and actually did some work we wouldnt be in the place we are in now. I've been here almost 6 years and this is the 3rd layoff. It happens ....get over it and move on! Life is too short to get caught up in big corp BullS**T! ~~~ I dont always post stuff on message boards ...BUT WHEN I DO....
Reply to this post | This thread: 31 views | No replies yet
Go to thread Anonymous4686 (asdf), Tuesday 02/18/14 14:36:00 UTC

Order count down

I was informed that our MFG facility is down to only 12% of quotes come back as orders. Our eng dept has slowed nearly to a crawl... with minimal order support being required. and more and more work is being outsourced overseas
Reply to this post | This thread: 18 views | No replies yet
Go to thread Anonymous4685, Tuesday 02/18/14 14:35:48 UTC

Order count down

I was informed that our MFG facility is down to only 12% of quotes come back as orders. Our eng dept has slowed nearly to a crawl... with minimal order support being required. and more and more work is being outsourced overseas
Reply to this post | This thread: 9 views | No replies yet
Go to thread Enough of this crap (Somewhere within Weatherford), Tuesday 02/18/14 14:29:51 UTC

Some one~

Everyone that is so frigen stingy that they are even thinking about bonuses or are talking mess about WFT, you better be glad that you still have a job. There are a lot of folks going to lose their jobs and you are over here worried about a frigen bonus. .Well you must be WAY up the ladder if you are or have been getting bonuses for the last few years, from what I hear! I've never got one, and am not complaining about it! Stop worry about and get to work worrying if you will have your job tomorrow!!! DO SOMETHING other than complain! It's because of folks like you that are greedy that we are in the shape we are in today! FOCUS more on work and less on the BULL SHXT! OK AND, if you don't freakin like it go somewhere else so they will have one less person to layoff! THERE!
Reply to this post | This thread: 82 views | 1 reply

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