Thread regarding Weatherford International Ltd. layoffs

$314 MM Quarterly loss, no big deal

https://www.otcmarkets.com/filing/html?id=13572890&guid=cgOIUWbePFY–3h

Still not looking too rosy, even with the restructuring they are still losing more than they bring in!

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Post ID: @10rm3spe

5 replies (most recent on top)

I thought the dumb expenses and wasted money was a tax write off? Don't worry, i do my part to waste money!

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Post ID: @10rm3spe-4jxq

Well youre right i guess. That was a major foulup getting fined 200m. Oh well heck

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Post ID: @10rm3spe-1mpe

Lol, yes we need BDD back. He did such a fine job taking this company from profitable to dead in the water. And oil prices were over $100 during part of that time. My daughter could’ve made money with $100 oil.

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Post ID: @10rm3spe-1xsa

So sad. Wft used to be ok. Looks like it all fell apart when mr duroc danner left

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Post ID: @10rm3spe-1ryu

So obviously what needs to be done is to hire more managers and lay off more operational guys, the old tried and tested formula that has made Weatherford a leading player and the envy of the oil patch.........or was it the laughing stock? I can’t remember which..!

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Post ID: @10rm3spe-ndk

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