Thread regarding Weatherford International Ltd. layoffs

As I said 4 months ago, WFT is prepping itself to be bought. We were told by our GM the company is doing well and the company is making money. I don't buy it at all because if it were true, we wouldn't have these layoffs, which included a couple of employees at my facility who had both been with the company for 20+ and 30+ years. Company's don't layoff if you're doing so good. This company will be acquired by someone with deep pockets within the next year or two. Thier actions and fundamentals of the company don't add up.