Thread regarding Weatherford International Ltd. layoffs

Only Weatherford mamagement can claim bankruptcy as a sucsess.

There guys are unbelievable. Oh did I mention that the board and senior management will get bonuses? It's a good thing we worked for half rate for 4 years.

by
| 1284 views | | 2 replies (last ) | Reply
Post ID: @OP+Z3hSHQl

2 replies (most recent on top)

Chapter 11 for W is only a means to put the screws to creditors who "HAD" lent us money to burn through.

Now what financial institution in their right mind will lend us $ to burn through now?

Restructure you say? Hell we haven't done it successfully yet! Why does anyone think we can do it now?

by
| | Reply
Post ID: @nwe+Z3hSHQl

It looks like its circling the bowl good riddance

by
| | Reply
Post ID: @peh+Z3hSHQl

Post a reply

: