Thread regarding Weatherford International Ltd. layoffs

Early retirement packages starting Monday

starting Monday WFT will be sending out letters (email or written if no WFT email) to those that qualify. The package is quite good compared to other companies packages. If you receive one, I'd suggested you evaluate carefully for your decision. Management is not allowed to influence your decision to stay or go.

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Post ID: @OP+zPBGxvP

10 replies (most recent on top)

Isn't the manager who posted this thread and the few who have commented trying to 'influence' the decision?

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Post ID: @5h1F+zPBGxvP

Hearing about a lot of these sent out today.

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Post ID: @4MQs+zPBGxvP

It is a one chance take or pass. Not all those offered will be allowed to accept. For example: if a department has 5 employees and all are eligible they will not allow all 5 to take the offer.

Historically, less than 20% of offers in the US of similar packages choose to accept.

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Post ID: @1SWR+zPBGxvP

I am taking it, I think that pretty much all folks who are eligible are taking it - it's a non brainer here - if you do not take it you will be gone. It's an unwritten rule.

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Post ID: @1kgc+zPBGxvP

Qualifications: 10+ years experience AND years of experience plus age 65+. Applies to hourly and salary employees. It is a package worth considering but make sure to evaluate all options.

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Post ID: @bOi+zPBGxvP

Is this for hourly or salary ?

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Post ID: @kMj+zPBGxvP

Who qualifies for this?

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Post ID: @XsD+zPBGxvP

How do you know thiss. I'm not looking for any specific information, but I would like to see if you can give us a hint.

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Post ID: @8dk+zPBGxvP

YES,,,MONDAY is D----day so perpare yourself.....it is coming and have a very reliable source, next week is BLACK DEATH, all week long....so, don't be surprised.. GOOD LUCK to all,,,,

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Post ID: @gKt+zPBGxvP

I heard the same thing on Friday. I was supposed to get layed off this week. My boss told me that it will be pushed back a few weeks to allow whatever the are offering to be pushed out.

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Post ID: @T6L+zPBGxvP

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