Thread regarding Weatherford International Ltd. layoffs

Haters gonna hate, but WFT raising stronger!

All bitter souls talking s*#t about us going belly up, shutting down, chapter whatever.... Now they seem quiet after hearing the earnings call? Stock soaring and we're on track!

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Post ID: @OP+16idSGcc

14 replies (most recent on top)

Bonus 😂. I got £35k and got a better paying job a week later. Enjoy the final days chaps.

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Post ID: @1kur+16idSGcc

At least we will still get our bonus, unlike you guys who have been RIF'd! Being friends with managers and directors is the way forward.

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Post ID: @1nqf+16idSGcc

I cant imagine pouring another 500 million into this dry hole but go ahead

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Post ID: @1qyz+16idSGcc

What I still fail to understand is how come anyone is celebrating still LOSING 580 MILLION DOLLARS!!! Holy sh–.....how can anyone in their right mind think this is good for a company?

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Post ID: @1smy+16idSGcc

RFID will bring us our first profitable quarter in a decade!

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Post ID: @1mve+16idSGcc

WFT looking far stronger - now can I have my bonus out of the $500 million we just received from the bankers please?

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Post ID: @1cfu+16idSGcc

Some of the budget cuts have been completed, but more job reductions and facility closures are on the way, CEO Karl Blanchard told investors Wednesday. Not a promising future for those that remain.

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Post ID: @1rur+16idSGcc

Big w was broke 100 million dollars ago

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Post ID: @ftn+16idSGcc

There is still hope, the only choice is to stick it out.

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Post ID: @cbl+16idSGcc

Stock soaring? The value of the company has ‘soared’ to $155 million on the same day that it was announced that our debt is going up
another $500 million to $2.5 billion. Our debt is now 16 times the value of the company. This is the same course to chapter 11 as last time folks. Anyone who can’t see that is pretty darned naive!

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Post ID: @aza+16idSGcc

Stock artificially inflated, and then it has been on a short buy/sell game. Look at the charts.

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Post ID: @rdb+16idSGcc

581 million dollar loss on top of 966? A further cost savings reduction of 15% to be implemented within the year? I guess stay positive. It will work out as long as there is still a job to be had.

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Post ID: @qth+16idSGcc

It's true, big W only lost $581 million this quarter. They are really earning those bonuses in the C suite.

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Post ID: @yjs+16idSGcc

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