Thread regarding Weatherford International Ltd. layoffs

Confirmed! Sale of a few pieces and file for bankruptcy...

Just heard from a very good source, the end is nigh...

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Post ID: @OP+T7R6H3o

10 replies (most recent on top)

What are the non core and non profitable PL's?

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Post ID: @Krgy+T7R6H3o

Chapter 11 not a bad thing, SeaDrill and Expro have done it and came back stronger for it. I believe this to be the best option, once certain non-core non-profitable PLs are sold off.

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Post ID: @Jwmy+T7R6H3o

Has the stock ever went over $4 for a long while? They need to get rid of all the relatives son in laws brother in laws. All font want to do anything. Clean the swamp

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Post ID: @5mef+T7R6H3o

look around you, how many people are really working now? 1 in a 100?

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Post ID: @2zix+T7R6H3o

what choice do the have? write off the losses now or get ready for the bigger losses after the failed "transformation"?

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Post ID: @2jhv+T7R6H3o

Yes, I’m sure your “source” is impeccable!

Do you REALLY think the creditors are going to let that happen?

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Post ID: @1hdv+T7R6H3o

End of the day, I hope my group in production is sold. I might stand an chance to work for a company that is going to run it correct and treat me with even a little respect. Managers better look out, not hard to figure out who was doing good for the company and who was simply a friend of a VP or something to get their position. Seems most of the managers that were worth a sh-- were RIF’d

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Post ID: @1htz+T7R6H3o

What pieces? Whatever they will be able to sell LOL

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Post ID: @1wnd+T7R6H3o

Celebrate good times come on! Let’s celebrate ;)

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Post ID: @yfl+T7R6H3o

What pieces? Stop fishing if you’re not actually in the know

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Post ID: @rsf+T7R6H3o

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