Thread regarding Weatherford International Ltd. layoffs

theirs the furlows

told you. RM sent out the message

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Post ID: @OP+19SLH7jo

7 replies (most recent on top)

Canada Completions can still build tools faster & cheaper than Scott or Hunstville.

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Post ID: @11kda+19SLH7jo

Yes manufacturing has been awful for ten years. Most slugs gone now.....a few from Hally still left. 200-300 Million loss coming up this quarter and more to come. Bankruptcy again by the end of the year.

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Post ID: @gwqy+19SLH7jo

ADM is a safe bet to stay open especially with its rates being easily half of any other plant. Huntsville will probably also survive just to have a US base. Sad news is most of the WFT work is Middle East so why keep Huntsville open. India will also pull thru all this as they feed the plants with parts. Sad times glad I am retired.

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Post ID: @adfx+19SLH7jo

WFT is not the best company. However, it's not the worst either. If you don't want to be there, leave. Yes, senior leadership is incompetent, especially in regards to Manufacturing. The reality is there will be two MFG facilities, one in Huntsville and the other in ADM everyone else; update your resumes unless you worked at Cameron. No need to complain at this point. The ship is sinking and the fat lady is singing, and the Consolidation team is most likely working to close your plant.

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Post ID: @6qjv+19SLH7jo

Oil prices have normalized. Why are furloughs still going on? What am I missing here?

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Post ID: @2eht+19SLH7jo

If anyone didn’t expect it to happen, well…they just aren’t that bright.

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Post ID: @1cdi+19SLH7jo

Yep

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Post ID: @1vkx+19SLH7jo

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