Thread regarding Weatherford International Ltd. layoffs

Strathcona plant Edmonton update

I heard there was layoffs today. How many people were laid off?

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Post ID: @OP+13DjMyre

8 replies (most recent on top)

There were lay offs in the Edmonton wireline base.

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Post ID: @Nckb+13DjMyre

Haven't been able to connect to some of my friends at the Edmonton plant. Have there been any layoffs? I hope not!

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Post ID: @Npzc+13DjMyre

I can't believe how naive the people in this company are. If Weatherford was a sht show at 120 dollar oil in the good times and couldn't get their sht together, how does the management mo–ns expect they are going to fair after a chapter 11, Coronavirus, oil and stock markets are in the toilet. They are really showing there stupidity now. Apparently the management has the employees on some good d–gs to convince them they aren't f**ked. They've already p-ss-d away 50% of their financing and so called stock reversal is really paying dividends isn't it maybe they can do a 10000 to 1 stock reversal again. In 6 months they'll be filing for chapter 7.

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Post ID: @nytv+13DjMyre

A lot of fear mongering on here, most likely from our competitors (Lifting solutions). The plant is no where close to shutting down and will no longer be exposed to the depressed Canadian market

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Post ID: @eryv+13DjMyre

This place hasn’t closed yet?!?

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Post ID: @eknt+13DjMyre

Layoffs are coming, notified by management that it’s across the board. Facilities listed to close will close. Do yourself a favor and prepare.

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Post ID: @7fdk+13DjMyre

Not really, but playing with people is not a good thing... don’t you worry when they roll the dice you could be next.

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Post ID: @1hhm+13DjMyre

Why do you need to know? Want to hire them?

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Post ID: @naf+13DjMyre

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