Part of transformation plan .. big hunchos going around announcing to liquidate current asset they own such as shops with land and leasing similar type of warehouses for next few years so they can plan and build supercentre warehouses where they could accommodate multiple product line under one roof. what are the thoughts and who is going to fund that????
9 replies (most recent on top)
Here we go again....
So once again, WFT will spend billions of dollars they don't have to move everyone AGAIN, to a new place. I don't understand why they have to keep on moving to different spots. Should have never moved from 515 and wasted all that money to St James. What a joke.
They have done supercenters in some areas and the lease payments for most divisions tripled in cost. It was the dumbest idea ever. Some of the supercenters are vacant or only have one division in them. One Seatherford, is a pipe dream. What is good for one division is not for the other. Some new changes my profitable PL has had to start doing to be like the other PL's is starting to cost money and not save money. One Weatherford, in supercenters does cause internal strife. Who buys light bulbs and to get let paper? Who pays for something that gets breaks down and no one can be responsible?
Katy was a manufacturing center. Supercenter would be more in line with Elmendorf/San Antonio.
Only issue there was it was a cluster with managers attempting to shift cost to other business units and stab each other in the back. That is one of the biggest issues with "One Weatherford" every manager thinks he/she is the one and all others should bow down to them. Working for the common good or just working with the business interest as driver is foreign to them.
Hahahaha. And what was Katy?
This will happen at Sugar candy mountain, where the rivers flow with liquid silver and the apples on the trees are made out of solid gold, where wine flows from the water taps and it rains diamonds and Weatherford stock is at a constant 100 bucks a shareholders, and where Weatherford is run by competent management.
(Basically its a f.......g pipe Dream)
Where would this happen?
Phew.....new Weatherford supercentre, gonna have to appoint some new managers and VP's to run that. Its gonna be a hirefest for close family and friends if this is true.
What is a huncho?