Thread regarding Weatherford International Ltd. layoffs

Most good people are gone already

WFT doesn't even make an attempt to keep them. Feel bad for the poor employees who bought into the EEP c-ap. They will lose a ton when the reverse split goes into effect. Worked there for many years. It was the jewel of the oilfield ten years ago. Sad to see what it has become. Halliburton leftovers in ops and manufacturing....should have been canned long ago. Brought nothing to the party but big salaries.

Well said, @YQjwH09-1wta.

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Post ID: @OP+YRbvCzb

6 replies (most recent on top)

Such a sad state of affairs. Once among the most reputable OFS going. Nowadays clients are rleuctant even use us. Its a c-apshoot if we'll be abe to execute and not leave them high and dry.

Asia Pacific is a shambles, Middle East have sold the farm, North America is just going through the motions and Europe has just given up.

Do yourself a favour anr get out whike getting is good. Quite a fee co's hiring. TechnipFmc seems to be in growth mode and hiring. Got interview next week, one thing is certain. It can't be worse than this piss poor company.

Even with the reverse split its hard to be positive WFT will manage to hang on for the calendar year.

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Post ID: @2dez+YRbvCzb

Sparrows offshore is hiring a couple of good manual machinist. Good pay. Relocation bonus. Please email me @ SparrowsMachinist866@Yahoo.com

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Post ID: @2hlh+YRbvCzb

I jumped at the chance when they offered me a severance package few years back. I'm glad I took it. It was a real bummer working on a sinking ship.

It was like rearranging the deck chairs on the Titanic while the band kept playing.

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Post ID: @1uvn+YRbvCzb

has the 401k been re-instated?

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Post ID: @1aae+YRbvCzb

I’m good and I’m still here, hanging on. A s---er for punishment.

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Post ID: @1mpt+YRbvCzb

I’m one of the good ones who’s gone already.

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Post ID: @1ljm+YRbvCzb

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