Thread regarding Weatherford International Ltd. layoffs

We are laying off more staff in the coming months to help cut costs and ensure our accounting numbers look valid to stockholders

We are laying off more staff in the coming months to help cut costs and ensure our accounting numbers look valid to stockholders. We do not have enough capital to continue operation so we are strictly operating via credit basis only. We have a strong bond with various vendors for our technology needs which help keep the company running but we are running out of capital and are unsure if we will have enough cash to continue running the organization from Canada.

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