Thread regarding Weatherford International Ltd. layoffs

Total number of layoffs in 2015?

Anyone knows the exact number so far? and how much more it is planned?

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Post ID: @OP+D4NX2uT

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Trust in Jesus

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Post ID: @368x+D4NX2uT

Have a look to the oil price and for the weatherford stock. They will stop counting people and step over to facilities counting. Only the big ones will be left over. One stock in a region and one shop in a region. The rest will be sales here and there. The dollar is done deal with the new currency war. But your allowed to think for yourself as this is not a written thing. I always wondered if you can not manage your 7.8 bil of debt with 55.000 people how will you do that with 15.000 less people. Of cource you will save a 700 mil a year but you lose the revenue of that people grossly.

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Post ID: @CBf+D4NX2uT

Will be 16,000 by end of Q3 or 39,000 still in employment wont come as any surprise if Q4 becomes a layoff Armageddon

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Post ID: @pra+D4NX2uT

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