Weatherford International Ltd. Layoffs

Topics regarding layoffs at Weatherford International Ltd.

RFID Is the Future

RFID is the future and will turn our fortunes around. Just you wait and see. We have the best technologies available on the market and our customers know this as well. Only a matter of time now before we start clearing up and winning tenders. We are... —  read more 

Bonus

Do you think we will still get our bonuses before the company goes under?

Building a brand new Weatherford!

https://www.prnewswire.com/news-releases/weatherford-appoints-new-executive-vice-president-general-counsel-and-chief-compliance-officer-301098351.html

superintendent

Any Company that knows there employee has COVID-19 and does not let other employees know and doesn't close the facility they deserve to go out of business.

BJ Services Belly Up

Forget BJ Services or Baker taking over Wft. They have their own issues. Who would buy Wft? Hal? Schlum? Nova? https://www.houstonchronicle.com/business/energy/article/BJ-Services-files-for-Chapter-11-bankruptcy-15420006.php

WFTLF now $1.55

Down just over 40% in past month - it's difficult to see any realistic way back now. The Q2 results, expected 8/5, will be interesting reading. I simply cannot see beyond Q3 without some major intervention or restructure.

CRC

Weatherford losing all CRC work this is the end

PCP test facility and strathcona plant

Wow breaking new up in Canada... both this plant is on fire show omg people the door... another one bites the dust on Friday from test facility.... everyone know the b—s—ter Dodge Ram...he deserves it because he treated people like sh–... I glad... —  read more 

Can’t polish a t–d

Weatherford in Scott is a dead horse management is a bunch of overpaid waisted paychecks.... it takes more energy to print these peoples checks than they actually do in the two weeks waiting for them. Two of the supposedly baddest machinists in the... —  read more 

Stronger than ever

Some said we'd be gone by q3, some aint no idea https://www.rigzone.com/news/weatherford_secures_fouryear_eni_contract-10-jul-2020-162681-article/?amp

News update Canada

Strathcona plant Edmonton wicked close to 12 people as of today... cost cutting to stay in business...

COVID-19

Someone Has COVID-19 At The Katy Facility? I Was Told U Suppose To Shut The Facilty Down I Need Feedback

Changes in HR

Looks like the CHRO has just promoted her ex baker friends! Quid pro quo?

More layoffs in Q3?

Have been told by senior management in Aberdeen there will be another round of RIF in Q3. Decent severance. Does this apply just to Aberdeen or is it companywide?

Wford Abz

Is their point in staying hoping it gets better? Or should we try and get new jobs before the place goes bankrupt and we lose our jobs without getting a payoff

Surprised at Layoff.Com

I am surprised that the censure team at Layoff.com didn't remove the posts about Karl, the interim CEO. I know it is public info, but the posts mention names and monetary amounts. They seem to remove every other post.

The End is near!

Hang on to your hats ladies and gentlemen the fun is about to start. Many layoffs coming and product lines will be sold. https://www.sec.gov/ix?doc=/Archives/edgar/data/1603923/000095014220001561/eh2000848_8k.htm

Departure of Directors !

Breaking News! Three Board members resigned. Did they go far enough? At the 2020 Annual General Meeting of Shareholders (the “Annual Meeting”) of Weatherford International plc (the “Company”) held on June 12, 2020, based on preliminary voting... —  read more 

This needs to end

Weatherford is at a point where it would be a mercy to put it out of its misery. We are turning into a Sears of our industry - just putting off the inevitable with a bunch of band-aid measures that will mean nothing in the end. Fixing everything that... —  read more 

Aberdeen fishing?

Has anyone from fishing been let go? Put David Murray in charge of a dept with no previous experience. The boy is an absolute clown with no knowledge at all, but hey his dads rich! If Weatherford survives he is going to ruin our fishing dept

Are we better off with Mark gone?

Who is going to replace him? From my many years at this place, a change on the top has never brought any improvements - on the contrary. I don't see why this time would be any different. Although, I'm not even sure how we can do much worse... —  read more 

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