Thread regarding Weatherford International Ltd. layoffs

Workforce will see 5% reduction in USA by 30 April

Workforce will see 5% reduction in USA by 30 April. Further 5% by end July based on personal performance and salary. If company doesnt see turn around then contines with 5% in Q3 and then another 5% in Q4. Same outside US but total is 10% for 2013. Wonder if they will say anything at May 3 conference call? No internal communication as to why - just told to do it, which bodes badly since there is no rationalle.

by
| 311 views | | no replies yet | Reply
Post ID: @OP+pthhSPZ

There are no replies in this thread yet. Be the first to post a reply below:

Post a reply

: