I am happy leaving this place now and hope the rest of you will get the message one day and wake up. I just wanted to say by to all by and hope you find peace and don't let brown hat run the roost like the only rooster there. Have a beer over the... — read more 

Who knows what is going to happen in Houston with IT? There are lot of A$$ lickers, a lot managers and almost no one who really works. They are becoming a (very) expensive fat cow and doing nothing!

If you have 2 people putting a bug in one persons ear, hopefully you will talk with other employees.

I have an interview for a shop technician at Houston Manufacturing. Any suggestions hints?

I remember crawfish boils, entertainment clubs, company picnics, company Christmas parties, expensing lunches, unlimited travel potential, secretaries in foreign lands (hehe), bonus every quarter. It was good. I am glad I got to see it. Maybe I was... — read more 

This place is a mess.

Hearing rumors that there have been some big management changes in the group with some senior folks being pushed to the side? Anyone with info on changes? Is it good?

https://www.fool.com/investing/2017/06/20/heres-what-weatherford-internationals-new-ceo-thin.aspx

I was just reviewing some of the other oil and gas businesses that are on this useful website. Many of which are clients of WFT. It seems several of their posts are VERY similar to ours! Stock crashing , oil crashing (maybe for good) poor management... — read more 

The only two things living on this planet after Armageddon should have been us c---roaches and rats it now seems Weatherford will also survive along side us

Stock is hovering 1 cent above the all time low 3.86. Forget the little caesers and subway promotional footling. It's at mcchicken and value fry status.

Business is booming. Apply now for sign on bonus and raises every 6 months.

Collected my bonus of backing my car into a parking spot. Sat back and watched the stock fall. Took a WFT. Hasta manana bad hombres

What’s WFT’s cost reduction target? As of March 31, 2017, Weatherford’s management has laid off 2,500 employees of the total planned reduction of 3,000. WFT also ceased operations in six manufacturing facilities in 1Q17. In fiscal 2016, it saved... — read more 

Any news on the WFT and SLB OneStim Joint Venture ??

I hear there are big layoffs away to happen in Aberdeen? Any ideas of numbers ?

The stock is tanking, a major corporate reshuffle has to be fast tracked. SLB is also holding off the joint venture payment which is needed to cover debt.

Odessa area is the LAST place they should be looking to close. If it wasnt for the permian and midcon regions wft would fold. Shut down the rockies and California. Tx, Ok, La is where its at right now. Focus on productive areas. ND is done. Odessa... — read more 

Summary Analysts are defending cash flow projections however future project opportunities are rapidly declining. Cash inflows are now much slower relative to the last 5 years. Liquidity risk is much higher at $33 per barrel. While unlikely, if... — read more 

FURLOUGHS and layoffs for past 3 years. Doubled up on work with no raises. Now more layoffs, employees that get to stay are the lazy come in late everyday employees. Now they say UNITS eventually will be assembled in North Dakota or Colorado. They... — read more 

Anyone know what they are going to be doing?

Fellow WHR comrades be careful out when driving after dark the neighborhood lost two more people to being shot. RIP.

The management at corporate level is and has been the worst which leads to corporate hiring the same types of management downstream. You are witnessing the results in real time..

or stocks, Probability Of Bankruptcy is normalized value of Z-Score. For funds and ETFs it is derived from a multi-factor model developed by Macroaxis. The score is used to predict probability of a firm or a fund experiencing financial distress... — read more 

It sure would be wonderful if someone in the stores room in Houston could get our orders shipped!

Any news on the Weatherford Completions and SLB joint venture called OneStem ??

Houston manufacturing and engineering plants to be included before end of 2nd quarter.

They got rid of some inventory guys in the Permian and Oklahoma.

Hiring to replace current employees at a lower pay scale. Train your replacement is the new reduction plan. I am safe where I am but see this with other employees.

With the company reorganization and new CEO, expect 1000 more layoffs to occur in the near future.

Any news on what is going to happen with Bakerafield? Heard they are going to combine shops.

So I heard there is a guy in Houma from Houston who has been here for 2 weeks, and he is here to "dismantle" Weatherford. (I'm assuming it's only the Houma manufacturing plant but not positive. Supposedly dismantling locations (or companies?) is his... — read more 

Near empty offices and buildings plus full scale closures across the UK are we seeing the end of WFT in the UK

They are downsizing, getting rid of most full time positions, and replacing them with part-time jobs employing more people for less money by giving fewer hours per person. Companies save big this way because they are not required to pay benefits. But... — read more 

No sure if it could get much worse, sales still dropping in every dept in every country and spending so much cash on severance packages, Is there any way out of this massive hole?

Heard some rumours and none of them good, major layoffs planned and some divisions being absorbed by Bakersfield.