I heard they are going out of business
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Topics regarding layoffs at Weatherford International Ltd.
Weatherford International Plc (NYSE: WFT)'s business is left severely impaired after two decades of mismanagement, poor execution and a culture unaccustomed to accountability, a Barclays analyst said. The price target has been slashed from 6 to 3.50... read more
The body is alive but is on artificial life support. The tiny blips are just what's left of a pulse. Probably best to check back in a few months for any signs of recovery. We have all been through so much, pull the plug Doc.
Take care of each other and sink the cruise ship....
Looks like they’re going to lose the fight. They’ve struggled for a few years with different tactics that just don’t work. Going to be a lot of people screwed over pretty soon.
So glad to see this a-- of a company going to the dogs!! Be nice to see a few of the people I didn’t have time of day for getting sh-- all when it does go as well!! Jumped up Manager wannabe’s!!!!
I would like to know serious thoughts on what will happen to the company in the next couple months. Surely we cannot survive at stock under $3 a share. Will they go bankrupt? Are the rumors true about the sell offs? Will they do more layoffs... read more
Was it cancelled? Is it late? How late? Wasn’t it going to be available in 2017? Bag holders want to know.
Should I buy now?
Currently 5 cents over the 5 year low. Barffff
Well it looks like I will have to make another trip to HR about my supervisor. Why can he not learn and change his ways.
The potential is enormous. Read what the investment banks are saying... then you will probably post something better.
Should I enroll in ESPP or actually flush my money down the toilet ?
Transformation will it work or a money piss of GOD only KNOWS !!!!!!
Lawyers are busy
Heard they shut the pump plant down. What happened?
Did you ever hear the joke about the WFT employee who didn't fill out a Radar card? Me either, because there's nothing funny about that at all. Save the world, fill out a Radar card.
The list of companies giving out bonuses, raises, and stock to their employees grows by the day. It severely tees me off to be told 'I'm lucky to have a job' by WFT. No raise in FOUR years. I've got my resume circulating and I'm knocking on doors.
Why is it that a major UK business can be made bankrupt with £1.2B of debt but company like WFT with allot more debt than that can continue to survive? It doesn’t add up!
Fact - Total Assets = 12.013 billion. But that includes 2.346 billion Goodwill. Which is the amount they overpaid for all the companies they bought over the years. Fact - Total Liabilities = 10.685 billion. So total assets are actually 9.667 billion... read more
Is it true in West Texas under the Balog Regime there hasn’t been any raises in 4 years? Let’s get rid of all the good help and bring in noobs at a higher pay and see how that goes.
A stockbroker, cold calling about weatherford stock, found a taker. "This one is really going to move," the broker said. "It's only a $1 a share." "Buy me 1000 shares," said the client. The following day, the stock was at $2. Seeing this, the client... read more
Since the passage of President Trump's tax package multiple companies have announced one time bonuses for their employees...EVERY employee. I keep waiting for Weatherford's announcement of our two or three thousand dollar one time bonus...but dang... read more
So how are clients reacting to the state of Weatherford? I know that when I was there many were attempting to leverage the difficult times and forecasting a lot of work and agreeing to give it to Weatherford for a lower price in return. However, in... read more
Recommendations for Weatherford International Currently, ~78% of Wall Street analysts rate Weatherford International (WFT) a “strong buy” or “buy,” and ~19% rate it a “hold.” Around 3% of analysts have “sell,” or “strong sell” ratings on the stock... read more
What will be the outcome here? It seems like this was a major component of the biz
What’s going down on Friday? Another pep rally denying the inevitable or something more sinister?
I have worked for long years in Weatherford South America countries. I wonder who selected those new fishing managers in South America? They are joke
Not as expected- WFT finished the deal for any cash. SLB is the winner Schlumberger will take ownership of Weatherford's U.S. pressure pumping and pump-down perforating related facilities and supplier and customer contracts.
I was parking my car the other day and noticed a coworker driving through the parking lot without there seat belt on. I want to know if that would be a appropriate radar card? I am at the Hardy plant and think we all should respect the rules.