Thread regarding Weatherford International Ltd. layoffs

Weatherford is SUPER top heavy - merge US and Canada exec. jobs & cut exec. pay

That will save millions in North America - quick win for transformation!!

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Post ID: @OP+W32i7eQ

9 replies (most recent on top)

It used to be managers were over NAM. That stopped in 2015 as they said focus needed to be placed on L48. In reality it gave an opportunity to save an entire level of management as you duplicated positions at that point.

Thanks buddy, kept me from having to actually perform

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Post ID: @1hrz+W32i7eQ

Sick of crunching negative numbers

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Post ID: @1cui+W32i7eQ

Very Very top heavy they forgot to chop at the top. VPs, Directors, Presidents, cruel to give them that much $$$ when company is close to bankruptcy.

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Post ID: @1psv+W32i7eQ

No merging Canada/USA/Mexico was the biggest mistake since day one. All the inneficient was always right there

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Post ID: @nxy+W32i7eQ

merging US-CAN and cut off all the duplicate (under performing) management functions is brilliant.

They did it already for Latin America, Europe/Africa and Middle East/Asia wondering how come nnot creating a North America Region made of US-CAN.

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Post ID: @zhw+W32i7eQ

All common employees are slowly getting stripped off with benefits and head counts still going down. Is the transformation only applicable for small fish employees? Management should also cut their salaries and benefits to lead as example. Weatherford will shine again in very near future, but with current upper managements? The sun won't shine until this guys are out. Hats off to the CEO for keeping the faith and accepting the challenge to lift up and to survive. Hope all the extra hard work of each employees will be paid off soon. To those careers which got stuck, for the affected families, to the additional workload, to the pain we persevere. The stronger we believe the sooner the market will see our efforts.

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Post ID: @avp+W32i7eQ

Blind cannot just see, but the mentally blind cannot think or see. Very clear to do that but they would add piles several layers of management like the layers on a nice rainbow cake.

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Post ID: @aag+W32i7eQ

Hey don’t lay me off I’m on this gravy train until it bites the dust. Even then I aim to get what I can. You gotta help yourself in thi situation. Greed rules.

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Post ID: @iip+W32i7eQ

Why merge failing management. Simply remove the non performing part.

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Post ID: @ptw+W32i7eQ

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