Thread regarding Weatherford International Ltd. layoffs

How Weatherford lays off employees

I was laid off last year from WF's SJP location. I had been there for many years. WFT likes to ride below the radar and layoff people in amounts that don't raise a lot of attention. There is never going to be thousands let go all at once. It will be 20 here, 20 there, maybe the next month it's a little more or a little less.

Regarding IT, the people are great, but they are worked to death. in 2010, i think, there was a large layoff that got rid of a lot of IT, leaving a bare minimum. WFT outsourced the IT issues to India and employees HATED it. It was terrible. I suppose they have been ramping back up, but IT was one of the first cuts.

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Announcing a layoff of 7,000 pretty much puts you on the radar, regardless of if it's all done in one day or over the course of several months. The layoff is worldwide, and each region and department likely has its own timing and reduction target.

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