It was disclosed today that Liferdog was released from WFT. It was determined he was incompetent and redundant in his role. Although he thought he was indispensable, his role was outsourced to a local janitorial firm.
Topics regarding layoffs at Weatherford International Ltd.
Are we getting rid of ISDT?? I've seen unusual activity and different people in St James - understand they're 2 companies looking to buy us. WIS and NOV WIS are currently looking at many of our International locations. They needs to depart many SLB... — read more
We got them last time SLB reorganised and were laid off - Drilling, evaluation and Intervention is full of them. Would it be a good opportunity to upgrade the rejects that were hired in 2016 with new longer lasting SLB rejects ?
Where there any layoffs in Mfg accounting lately?
Is it true?
Watch out the VP of ALS is surgically ripping apart the core of a once great ALS segment and empowering his useless buddies/ minions. Again another example of people put into position when they are not ready to lead. The blind leading the blind... — read more
Since the whole coronavirus thing stated?
Per the newly released 10-Q: In response, we quickly increased and accelerated our workforce reduction plan, reduced certain management and employee pay, reduced other operating costs, and initiated further consolidation of our operations... — read more
WFT has pulled all of its assets/ shut down its office and layoff all of its field personnel (4 hands left) in the midland district. Sales managers are sending letters to operators stating that WFT will not take more work until further notice... — read more
Not looking too good, is it?? On a GAAP basis, revenues for the first quarter of 2020 were $1.2 billion, a decline of 2% sequentially and 10% year-on-year. Reported operating loss was $822 million in the first quarter of 2020 compared to a combined... — read more
I was RIF'ed today and wanted to let people know that your accrued vacation time will not be paid out to you UNLESS you live in these state: AK, CA, IL, LA, ND, MD, CO & WY. I was surprised by this and lost a few days. TAKE YOUR VACATION on a... — read more
Get rid of your motors and you might have a decent business.
Heard second round of layoffs are coming second week of May. Has anyone else heard anything or is that just a rumor in the Permian Basin area of the G.O.A.T state Texas?
WFT to close down MPD and sell remaining assets to NOV. Shame, one of the best product lines.
Who's left after the cuts on Thursday?
Scottish workers will only be exempt if you love your line manager ie being a crawler unfortunately as nobody is good you will all suffer especially divisions involved with drilling Severance package will be poor as we have little funds sorry but... — read more
What's next for WFT? Let me guess.
Got the call last week from weatherford, I live in Colombia so things are just as bad as everywhere else, it seemed to be such a pretty year back in January
With potentially 6K layoffs ahead of us, does anyone know what our severance package looks like nowadays if any? Please?
Does anyone have the link where I can order business cards, I just got a promotion at Weatherford.
HOUSTON, Texas (KTRK) – Weatherford International, a Houston-based oil and gas service company, says it plans on cutting 6,000 employees due to the current oil market. The company said that's 25 percent of all of its employees. About 24,000... — read more
Any updates here? Good luck all.
What’s the point of putting us on contract when there is going to be no work.
Any updates towards layoffs in Australia?
Looks like WFT is in trouble again! Get out when you... — read more
Ride 'em Cowboy. If you believe this BS you better also cut payments to WHO. Oh too late he's already done it......... Weatherford International (OTCPK:WFTLF) will withdraw its appeal to the NYSE's delisting procedures, saying delisting is in... — read more
So seems like many are getting axed right now and all today - all across locations. And that too over the phone. Time is up.
Are we going to be furloughed or just laid off? I really would like to know. I hate not knowing. Management does not communicate with us. Sh– is dead out here in Kern county oilfields.
This company uses the good employees & keeps the trash on the payroll . Office politics at its best. I gave Weatherford loyalty & all I got in return was stress. They laid me off and I couldn’t be happier. Only stay if your apart of the good ole boy... — read more
I ain’t working here no more. Making me be exposed to this death causing epidemic ain’t going to happen no more. You been grasping at straws to keep this so called company afloat, cutting my pay and wanting me to work with this exposer. You sit on... — read more
Be expecting a news release this coming week. Brace yourselves it will be upsetting, many changes coming down on massive layoffs to attempt to keep company afloat.