Make no mistake Weatherford is gearing up to sell anyone with 10+ years is more at risk of going they need to clear assets now while its cheap and layoffs laws are on their side? Who would buy a company full of near retirement workers? its a risk many wont take but a company with a high proportion of under 30s its a good buy cheaper wage bill and easy to manipulate employees all makes good business sense. There's a post here rumouring a senior management figure acquired a large holding of shares strange thing to do if the ship was sinking?
2 replies (most recent on top)
I have 10 years haven't been offered anything
Cant find the post who and how many shares?