All bitter souls talking s*#t about us going belly up, shutting down, chapter whatever.... Now they seem quiet after hearing the earnings call? Stock soaring and we're on track!
Topics regarding layoffs at Weatherford International Ltd.
One ph*cked up Weatherford. You can hear the toilet being flushed. Once again proof you can't polish a t*rd. https://seekingalpha.com/news/3600726-weatherford-international-eps-misses-0_28-revenue-in-line
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
Do you think we will still get our bonuses before the company goes under?
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.
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
I don’t know who needs to hear this, but you deserve better than WFT and there are so many better companies out there. Unless you’re a part of the cowboy hat, big belt buckle, know nothing, bad decision making good old boy club. You fit right in... — read more
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.
Just from Fred Justs! Here comes the recovery!!! Go wft!
Weatherford losing all CRC work this is the end
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
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
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
Really things are really sc-apping the barrel here!!
Strathcona plant Edmonton wicked close to 12 people as of today... cost cutting to stay in business...
Someone Has COVID-19 At The Katy Facility? I Was Told U Suppose To Shut The Facilty Down I Need Feedback
Look back about 4 years to see the start of the demolition of West Hardy. Once a very good engineering team broken up and dissolved. The puppet send in to do the dirty work is now gone. Ha ha.
Looks like the CHRO has just promoted her ex baker friends! Quid pro quo?
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?
can we get kicked out of over the counter market? The stock is at $1.84 and was valued at $34 in January 2020.
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
I bet the safety boys are crying with these layoffs. NO MORE FREE LUNCHES.
Don't be surprised when your everyday employees don't want to give their best...
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.
"In consideration for his expanded responsibilities, effective June 10, 2020, Mr. Blanchard's base salary has increased by $11,667 per month from his voluntary reduced salary rate. Mr. Blanchard is also eligible to receive monthly cash payments of... — read more
Oops another CFO does a runner...............
Got word of layoffs going on at Cutten Rd, anyone has heard anything from other locations?
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
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
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
so long ...as our ex-ceo says "one weatherford".
Looking for the link to that YouTube video.
Here comes Larry the Liquidator, finally it’s going to end. Thank goodness.
I'm not asking about what we are getting but what you'd consider was fair for your years of service. Would it be a week per year, a month per year, or something in between?
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
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
Another Bankruptcy in a year? Will this be a yearly thing or is this the nail in the coffin. Use your spare time to hunt if your still left behind... — read more