Thread regarding Weatherford International Ltd. layoffs

WFT is selling off completions to get quick cash....heard about this?

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| 2875 views | | 17 replies (last )
Post ID: @OP+15a0mIeu

17 replies (most recent on top)

More and more customers are going elsewhere due to the elevated cost of goods. I don't thi k the technology is worth it anymore, competition has better stuff coming out daily.

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Post ID: @Iahx+15a0mIeu

Thsts true and everyone knows they ruined a good and profitable product line.

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Post ID: @Ctge+15a0mIeu

Yes the mom and pop cementers are k–ling wft. They get the equipment from __________ ___ and beat wft on price and service

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Post ID: @Axxe+15a0mIeu

Its not the momey maker anymore, they let too many other companies take over. The lack of R&D and old technology has been the nail in the coffin. Completions loses money and has nothing new and innovative, cementing and liners has allowed other smaller outfits time to take over at a cheaper price. Good luck on that sale. They should have built up that product line instead of breaking it down.

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Post ID: @maul+15a0mIeu

No. MV in Canada.... the one and only....

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Post ID: @2nkz+15a0mIeu

I can't wait, maybe new management won't be chicken sh** and let us make money and do our job. Agreeing to cut mfg of our equipment is a joke. No equipment equs no work

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Post ID: @2zbf+15a0mIeu

MV? If its the one i think of he is a joke. Nothing but a yes man thats scared to do anything

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Post ID: @2stg+15a0mIeu

MV in OK? When u a yes man and never say no its consent.......

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Post ID: @2tgd+15a0mIeu

I agree they are dried up, I don’t see WFT handing out anymore severance packages. Have you not noticed how the compliance group is handling out corrective actions to just about anyone, anybody’s ever reported to them on listen up? They are covering their behinds for something big. What do y’all think?

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Post ID: @1gqz+15a0mIeu

i hope they make it as there are many good people there. i for one want to reapply and be rehired and will do the worst job ever. i will do nothing, and will rise to the top quickly. 13 years i gave them my best and if i could only do it over i would be the worst and do nothing that way i would become a vp.

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Post ID: @1ato+15a0mIeu

At this point WFT will sell its grandmas panties for cash. Last call they announced the company does not have more than 12 months left.

Wake up people, it’s over. Move on and do not b–ch about not getting a fancy severance package. The company is totally dry and dead.

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Post ID: @1zsf+15a0mIeu

Oilfield can be fun if you treat it like it is....it comes and goes....why do people always treat oilfield services like its a govt job

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Post ID: @1luy+15a0mIeu

Pretty useless chat this website, not a single insider comment/question, just a bunch of wtf haters with too much spare time

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Post ID: @1wjv+15a0mIeu

What would they do with their useless staff and their precious “MV”..... a laughing stock of employees.

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Post ID: @1gsx+15a0mIeu

Who would possibly be the buyer? Cometions loses money every month and has out of date products.

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Post ID: @1yud+15a0mIeu

Who is the buyer?

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Post ID: @1rci+15a0mIeu

Not much left to sell but ok. Bye bye completions

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Post ID: @lyw+15a0mIeu

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