Weatherford International Ltd. Layoffs

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Topics regarding layoffs at Weatherford International Ltd.

New overtime laws

Anybody know how this will affect salaried employees earning less than $47,500? Demotion to hourly? Does anyone know what they are planning? http://fortune.com/2016/09/21/obama-mandatory-overtime-rule-lawsuit/

Furlough

Has anyone heard anything about how long the furlough will last or if and when our 401 K matching will restart?

Disappointed

I'm rather disappointed with the lack of anything with substance lately on this site. I've been gone from Weatherford for about six months and would like to know what's going on outside of the group I used to work with.

Caterpillar laying off thousands

This does not bode well for the economy. (Neither the US or the Global economy). For all the Weatherford cheerleaders on this board, I do hope you open your eyes and start paying attention. Oil is headed back to the 30's. Things are not good out... read more

This Tuesday

We have heard it before but Tuesday their will be big news for the Northeast. Clean up your sh--.

Cooked employee reviews

Upper management requires managers and supervisors to decrease employee review ratings to eliminate the appearance of pay increase requirements.

Lawsuit

Anyone know anything about the class action lawsuit against Weatherford?

That employee stock plan

Someone posted a question about that stock plan Weatherford is trying to sell us right now. I don't have time to read all that junk. Is it a yes or a no? I really don't want to give up any more money.

Bernard Duroc Danner

Bernard's history Bernard Duroc Danner grew up in a fairly well to do family. His father was on the board of directors at Total (French Oil Company) and that gave him a knowledge of the oil business. He father send him over to the USA where he got... read more

Both the ESP and the ESPN on the ESPP...

Dear Weatherford employees, The proposed Employee Stock Purchase Plan is destined to fail. Keep your money or make an investment in a more stable company. Then make a sandwich, pop a beer, and watch a baseball game on cable TV. Sincerely, Nostradamus
by | Post ID: @IZAMFcX
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