the big guys just came in and closed down wireline is red deer. only a few product lines left here, and the insider told me rental shop was next
Topics regarding layoffs at Weatherford International Ltd.
Already posted earlier in a comment but the title gives the context. https://www.google.com/amp/s/amp.wbur.org/bostonomix/2019/03/14/mass-businessman-charged-in-college-admissions-case-posted-his-resume-on-linkedin-so-we-fact-checked-it Shake this... read more
What's going on with it??
The current layoffs and cuts to matching Rrsp and furloughs is just another round of Weatherford trying to create another smoke and mirrors show for 1st quarter earnings 2019 because based on current conditions in the energy sector times are still... read more
Since they have lost all of the key people.
I went in full force. I'm afraid to look at the statements. Those 14 hour days I've been doing for a while now takes some of the sting out.
If you haven’t figured out by now that you are only a number with Weatherford you must have been sleeping. No chance of any advancement for a loyal hard working employee with many years under their belt. Instead they will promote an individual OR... read more
Memo is out from head cheese, for Canada geozone that Q 2 furloug is back and suspension of rrsp for all employees across the board for 3 months. Makes you wonder what they up to now. eh!!!!!
Curious what is the total number of employees to date is, anyone know?
Well done to whoever back in January posted on here that Aberdeen manufacturing was for the chop . That day has now come with completions closing by end of this year and ESS by end 2020.
Well folks the next wave of let’s play clean this house has started. What trash will they find?
That’s 3 months below a dollar. Will there even be any money left for redundancy?
Q: What does a share of WFT buy you? A: 2/3 of a Snickers! B: 3 eggs C: 41 sheets of paper D: the cheapest toll-fare on Sam Houston E: all of the above https://www.bustle.com/p/21-life-changing-things-you-can-find-on-amazon-for-under-one-dollar-72738
I’ve decided decided to get a job in the oilfield as I hear you can expense alcohol? If so, How many beers a week are we talking about? Additionally, what service company is the best for covering these types of expenses? This will govern what company... read more
I'm worried. What is the true future of weatherford? Do you think that PL will be bought by others oilfield company?
The divestiture of the SLS group is a complete train wreck, many are being let go and other are already working for the buyer (exlog). North america ops group is the next in line to be let go, just like they did with the engineering group and field... read more
Fact This website is monitored by Weatherford HR, legal, IT, and security. They want to know all employees that post here. Never use your real name. Fact Managers file listen up complaints against other employees to create dirt for terminatation. A... read more
Set the facts straight!!! So Weatherford when are you actually shutting Houma Manufacturing down. You told us March 1st! Now I’m hearing April for production and The end of May for the ultimate end. Why not make June 1st? Oh maybe your trying to... read more
Is this due to free cash flow turning positive in the 4th quarter and thus investors feel the imminent bankruptcy that drove the share price down to 22 cents is less imminent? What is the next survival hurdle, getting the debt that comes due in the... read more
Is anyone alive out there? Hello? (Wreckage of S.S. Weatherford)
The question is? How did this company get into so much debt? How did this company not succeed to be able to make a profit when times were good in the industry? It’s confusing isn’t it? Tens of thousands of hard working ppl that worked for this... read more
We could be working without pay
Be careful anyone out there bc They think they own you..... even after you leave to better yourself and your family. For as many good employees that this poorly managed company has pushed out you would think they wouldn’t care if you just left on... read more
Day by day it’s getting interesting..... pick a boo doesn’t know where is head and a-- is.... ramping to 12 hrs shift work ...6 days a week thinking that he can produce 40 pumps a day. It’s interesting to see that if you don’t have enough machinist... read more
Very quiet here does this mean y’all are busy and company making money or that many layoffs happening?
Is Schlumberger buying the COROD and PCP plant in Edmonton, Canada??
Now what Weatherford's stock price is so low that it received a notice from the New York Stock Exchange that its shares are no longer in compliance with its listing standards (a stock can't trade below $1 for 30 consecutive days). So chances are... read more
At least BDD's jag would brighten up the St James parking garage
I doubt it, but I'm still holding out some hope for something positive to happen...
You know what's great about hitting rock bottom? There's only one way left to go. And that's up!
Is it just me or are layoffs the only thing that happens at Weatherford anymore? There is no actual work done, nothing productive happens... It looks like the leadership has completely lost any motivation to do something productive... I wonder how... read more
Middle and senior management let me and my coworkers down. Your mismanagement, selfishness and poor decision making has brought us to this point. You had a responsibility to all your employees to make decisions to keep the company and our jobs stable... read more
I just want everything to go back to normal again
Looks like the lay-off added new stuff. We can now react to things.. maybe Weatherford should give this feature with the choices they are making.. if we like or dislike...
So Weatherford when are you actually shutting Houma Manufacturing down. You told us March 1st! Now I’m hearing April for production and The end of May for the ultimate end. Why not make June 1st? Oh maybe your trying to screw the dedicated employees... read more
It is stating the obvious, but if WFT can’t rally today after an over 30% decline then it proves investor confidence is shot. I believe it will tumble to around 20c today and stay flat until after the holiday period.