It’s worthless. Some locations have one person keeping the lights on and shipping jobs to the US because the cost is too high. Chop them now!
11 replies (most recent on top)
They were always tempering the ball!
The top HR man is getting the boot, some other sad sack will get the job but
Haha unlikely mate, your top HR man is one of us an ozzy. Don't you see key positions in HR are all ozzys LOl your low slow mate.
The iran story is here.
https://www.google.com.ph/amp/mobile.reuters.com/article/amp/idUSBRE9AP0U520131126
Never heard about Dubai...?
political mischief? I guess that could include the off shore Dubai thing. Trading in Iran during US Sanctions on the country.
Weatherford waited far too long to get out of countries with political risk. Example, Venezuela. This was BDD's plan to diversify the company away from the USA. Worked in the first downturn in 2007. But not in the second where USA Frackin' was king. Too much money was wasted overseas in the good years, not to mention the $600 million dollar fines they incurred because of political mischief.
Oh yeah, WFT stock just hit a new low of $2.3650 as we speak.
Chop chop chop cut cut cut. Hey who cares this mess is going down . It's game over.
Yep, It all is going down anyway so just give it a little more time.
What you are proposing is chopping off fingers and toes, they will get to MEA, Europe, LAO and eventually USA soon enough.
Guess that will leave just the folks in Ireland and Switzerland
Africa is just about gone or is about to be sh-- canned. All SSA locations must closed ASAP.
I agree ! Chop NZ too, And Middle East’s oversized team.