What's going on in Bakersfield it seems like they are scrambling all the time
Topics regarding layoffs at Weatherford International Ltd.
Too many Chiefs....
If the market makes a turn soon, do you think there will be Weatherford Layoffs 2020? Any news or rumors?
Please be aware that company is going around and laying people of with out cause and making then sign paper saying that they will receive there pay as labour standards time frame. Which is not happening it’s been over ten days where employees were... — read more
There seems to be a lot of noise around McKinsey and their business practices. If they are supposed to assist companies going bankrupt, they seem to be creating a lot of noise. Makes you... — read more
So after a $800M loss in Q3. What happens next? Can they file chapter 11 twice? How can a company lose money for 19 straight quarters and still management get bonus and retention. Is that even legal under chapter 11?
No need to worry the executives will still receive their bonuses in cash. Thus we will not lose our extremely competent and accountable leadership. It's time for a victory lap gents. You have succeeded in a sense. Nobody else gets bonuses for turning... — read more
Monkeys can do better!!! https://m.chron.com/business/energy/articleComments/Weatherford-posts-821-million-loss-during-third-14576414.php
Pretty quite in here..... seems like finally people realizing and moving on. That’s great news.
Anyone know what the cancelled important announcement was going to be about?
It gets more and more toxic at my location. It has become a joke, the obstacles we go through to make wft successful! But the good part about it, is we do want we want and take long lunches cause its easier to do nothing than jump through hoops to do... — read more
When are they going to close the doors in Canada Drilling Services? top-heavy and expensive. no work. slow tools. BD non-existent. dinosaurs in the office...what are they offering?
The posting was up less than 24 hours all apparently for just one candidate. Apparently HR cannot spell correctly. I have heard of metallurgists but not metallurgistts!?
Who’s the mo–n(s) that came up with this? Oh right this is the solution that’s going to get WFT out of the downward spiral they are still on!
I used to work for Weatherford. I actually enjoyed working for them when we were busy and I made decent money. I left on 1/7/19 because I had the gut feeling layoffs were coming. I was right. Last week they fired the district manager and laid... — read more
Wft has won another big contract with Adnoc. This is no joke Wft is coming back strong. Great job men and women of Wft.
just heard from a couple people artificial lift is going to be shutting down all facilities and shutting down operations in Canada due to lack of profitability and activity
Do you remember when WFT appreciated its employees and thanked us, but now we are told we are lucky to have jobs? Isn't it crazy they don't understand why we aren't putting out more or don't care anymore?
Hey wft just got a contract with saudi aramco. Maybe things are turning around and theres going to be a more agile, responsive and profitable Wft. Good job guys and gals at wft.
How is it our corporate HR Director is still employed? He looks and talks down to those beneath him. I sure hope EC sees what’s going on along with those above her
Missing post happening.... someone didn’t like it I believe... Did The truth hurt someone.
Considering wft stock is less than a cent, what should I do with it? keep or sell for nothing.
I heard they won a big fishing contract in Brasil and I would like to know if they require any seamen for the ships / vessels. Where can I send my resume? I have worked for carnival cruise and would like a change and really love fishing. thanking... — read more
Petrobras Fishing Services Tender. BHGE bid $148M and SLB bid $136M and we bid $87M?
Keep drawings of a project, of which you were minimally involved, from old employer. Tell new employer you were the lead on said project. Even with drawings, build a inferior project for the new employer but make lateral internal shift before they... — read more
Not sure which product line, but engineering staff has been gutted in the last 3 weeks.
I've heard that once Technip and FMC split up the FMC half will be cashed up and are rumoured to be looking to snap up product lines that compliment their business.
The “Human” has been removed from “Human Resources”
Chapter 7 is on the way... 315million loss last quarter. It's amazing that anyone even takes this executive team seriously. In the age of trump losing billions yearly is a measure of success!! You cannot make this sh&* up!
Has anyone seen anything actually change as part of the "transformation"?
I never understood when I got on the Safety Department and folks before me would take all these pictures of a facility and the infractions and just do nothing—-it makes no sense to pay a person $75K and keep the infractions in a file. This is... — read more
Is it just my faciity that everyone is at each others throat?? We are doing this to ourselves. Do we not realize we kick the ball in the same direction?!?
https://www.otcmarkets.com/filing/html?id=13572890&guid=cgOIUWbePFY–3h Still not looking too rosy, even with the restructuring they are still losing more than they bring in!
Looks like more consolidation. Selling all owned properties and moving to Leased properties?