Weatherford International Ltd. Layoffs

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Topics regarding layoffs at Weatherford International Ltd.

THEY figure they OWN you!!!

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

All is quiet....

Very quiet here does this mean y’all are busy and company making money or that many layoffs happening?

Rock bottom

You know what's great about hitting rock bottom? There's only one way left to go. And that's up!

Layoffs and nothing else

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

Let Down

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

Wft

I just want everything to go back to normal again

New features

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...

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 screw the dedicated employees... read more

Today closing SP

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.

Twenty five cents!

I remember the good old days when we were trading in the three dollar range. Twenty five cents! I’d like to see what those employee stock purchase portfolios look like. LOL

$0.32

Chestnuts roasting on an open fire....oh wait, those are my testic--s

Millwright Ampscot Nisku AB

When I worked there I liked my boss and my job. But back in 2012 a young fella in management was coming around the shop and throwing out perfectly good tools. He said we have lots of money to buy all new tools. I said these are perfectly good tools... read more

Redemption

The one redeeming thing in all of this is Bernard and the other past and present execs who set this course are now taking a $hit kicking with all the stocks and options they were given as bonuses.

Oil is going the way of the dodo bird

Have to get rid of oil speculators and let oil get sold on the free market with demand/supply dynamics at work. Each company needs to set their own price for oil and sink or swim based on that. Current speculators are a mere arm of the banks.

Future of WFT Employee Discounts

I've been ex-WFT for some time now (Thank the Good and Merciful Lord). I have also enjoyed my (former) employee discount on my AT&T wireless plan. So I was wondering, if WFT goes tits up, will I have to start paying full price for my cell phone bill?... read more
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Can we survive?

Is there a way out of this? Or should I give up any hope and start my job search right now? I hate to admit it, but I'm one of the (apparently very) few who enjoy working for Weatherford. But the complete loss of job security has tested even my... read more

Wft future

Well, to be perfectly honest, in my humble opinion, of course without offending anyone who thinks differently from my point of view, but also by looking into this matter in a different perspective and without being condemning of one's view's and by... read more

Notice from NYSE

Weatherford Receives Notice from NYSE regarding Continued Listing Standard https://finance.yahoo.com/news/weatherford-receives-notice-nyse-regarding-000000298.html?soc_src=social-sh&soc_trk=ma

PL sales

WFT will NOT sell TRS or ALS now. They WILL have to sell one or the other later. This has always been the case (well for the last 4 years anyway). The other PL sales will not retire enough debt. It is a difficult choice. ALS sale kills NAM. TRS sale... read more

Labs management...

The entire second floor of Golden should be sacked. Meanwhile, they are being promoted. Hope someone from CSL recognizes that they are trash. Labs management is trying to make themselves look good. A sh-- zebra can’t change its stripes though.

Weatherford Bankruptcy Probability = 53%

https://www.macroaxis.com/invest/ratio/WFT--Probability_Of_Bankruptcy PROBABILITY OF BANKRUPTCY ANALYSIS For stocks, Probability Of Bankruptcy is normalized value of Z-Score. For funds and ETFs it is derived from a multi-factor model developed by... read more

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