Thread regarding Weatherford International Ltd. layoffs

Supposedly laying off contractors really laying off full time employees

Management sent out a memo a couple weeks ago saying they would be reducing the amount of contractors in IT but we all know that is not going to happen. They would rather pay indian contractors $200 an hour along with their hotel bills and flights then pay a full time employee a fraction of that amount. Meanwhile Bernard continues to make the combined salaries of a few thousand people and never takes a pay cut while the stock price has plummeted for years. Word on the street in the hallway this week is layoffs are coming within the next week. Lots of whispers in the halls about office moves but they won't show seating charts because that would let everyone know who is going to be layed off. Lots of managers asking their employees to write up tasks of what they are working on means they are going soon. Thug life.

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Post ID: @OP+zHaeq6M

7 replies (most recent on top)

Yep,this shit happened to me and i should of know back in Nov 2014, when i was asked to turn in a report every F......g week...Don't trust what they say!! All locations are getting it...

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Post ID: @8Uvu+zHaeq6M

This happened to me before I was let go. My boss asked me to write out my task. I ask why and they didn't mention a reason and I didn't create one.

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Post ID: @1hAP+zHaeq6M

$200 dollars an hr, Thats the same rate as a high priced hooker I once used..

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Post ID: @geS+zHaeq6M

@59982: he's referring to our fearless CEO

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Post ID: @B8k+zHaeq6M

$200/hr for what - I want that job. I work in a field, what kind of jobs or skills are you talking about for $200/hr

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Post ID: @CRL+zHaeq6M

I heard that it'll be just contractors, this is really surprising

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Post ID: @ngV+zHaeq6M

Are they laying off at all location and what % ?

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Post ID: @AwS+zHaeq6M

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