Thread regarding Weatherford International Ltd. layoffs

What’s going on with Wireline?

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Post ID: @OP+122P6UiY

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Wireline = 55% profit margin

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Post ID: @4fum+122P6UiY

That is the understatement of the day...Everybody would do better if they could spin out of WFT. You would get away from the id–ts from CEO down to VPs. I would say you qualify for the illustrious “MASTER OF THE OBVIOUS” award!

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Post ID: @3nfy+122P6UiY

WL is suffering, due to the lack of attention in Katy. They would do better if they could be a spin off of WFT.

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Post ID: @2znt+122P6UiY

Wireline is really tough. Competitive. Used to be good for getting in the door but really hard now. Lot of rig companies have own pumps pits swivels now.

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Post ID: @1tzt+122P6UiY

Not a lot.

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Post ID: @oyn+122P6UiY

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