I have been approached about a position with W&T Offshore. There is not very much information about the company nor do I know anyone who has ever worked there. Should I consider this as a place of employment and if I do what should I take into... — read more
Layoffs happening again. Everyone is being offered a different "deal". Employees told not to talk to each other. Severance packages depend on who you are. There is no trust here. Each employee should not have a separate deal. The only way the company... — read more
The financials don't support any recovery without layoffs.
W&T has offered me a senior management job. Curious as to whether there is a management revolving door at this company. While the industry is down, these jobs are hard to find. Does anyone know how stable the management roles are @W&T
Anyone know who are the bidders for this company. Marathon is considering buying WTI. Who else is in the hunt?
I was layed off with 20 other personnel. There has been a second round of layoffs, as well.
Heard some head cutting is happening. Wonder where it is coming from as we are short handed enough. When are the talking heads going to understand that we can't lay our way off to profitability? Executive decision making has been poor so the company... — read more
noticed a ton of closed door meetings, anyone know anything? restructuring, layoffs or selling the company?