Weatherford International Ltd. Layoffs

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Topics regarding layoffs at Weatherford International Ltd.

Don’t figure

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!
by | Post ID:
138 views | no replies

Weatherford Going Bankrupt without a doubt !

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
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1068 views | 10 replies (last )

Get Out!!!

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.
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613 views | 3 replies (last )

WFT stock

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
by | Post ID:
574 views | 1 reply ()

Employee Bonuses

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
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1074 views | 8 replies (last )

D

D
by | Post ID:
705 views | 5 replies (last )

Are clients feeling uneasy?

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
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991 views | 2 replies (last )

From Market Realist online

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
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801 views | 3 replies (last )

Surprise Schlum Sale

What will be the outcome here? It seems like this was a major component of the biz
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1456 views | 11 replies (last )

Labs Townhall Friday

What’s going down on Friday? Another pep rally denying the inevitable or something more sinister?
by | Post ID:
1380 views | 6 replies (last )

South America market coming up

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
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723 views | 3 replies (last )

The deal ended with 430 MM USD- No OneStim

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.
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2030 views | 11 replies (last )

Radar cards

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.
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1415 views | 12 replies (last )

Get ready

Here come The Bobs. Get ready to tell them, what it is exactly... you do here.
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2018 views | 11 replies (last )

More SLUM Managers needed

Positive changes in many locations that have hire exSLUM managers . Hopefully Mark we’ll hire more!
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2484 views | 20 replies (last )

WHR steps up, voted #1 by wide margin

It's no secret, we at WHR are ready to float this boat by ourselves if need be. We will be the best all the time, every time. Carry on everyone, we got this.
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1342 views | 5 replies (last )

Did WFT lay off the RADAR Rap dudes?

You guys remember this cringe-worthy video from the wft australia dudes? LOL i had to look away and cover my ears when they showed this at new hire orientation. /
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637 views | 1 reply ()

OneStim

How many people, bases and offices will go to this new JV? Our side (WFD) will provide the pumping equipment which needs more people and space. Also how will we get our fleet back on its feet and up and running? Nothing works and everything needs... read more
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1071 views | 4 replies (last )

Weatherford CEO and his leadership team

We will kick-off the event with a story of how the new Weatherford CEO and his leadership team go beyond job restructuring to take a closer look at the culture of the organization to better understand its people and how the business operates. We will... read more
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2136 views | 15 replies (last )

Schlumberger Gang in Weatherford

SLB group in Weatherford Intervention Services killing any pure Weatherford employees. They just laid off couple in solid managers in North Sea that BHI trying to attract them for a year.
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1454 views | 6 replies (last )

Lost contract

I heard rumblings today while in engineering that a big contract was canceled. I heard it from two sources and am trying to confirm.
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1057 views | 1 reply ()

NESR Corporation

/ Heard that Bernard is the main shareholder in this company. 1.2 Bn PP company in the M.E and the CEO is X- SLB president? Did you know where WFT money go now ??
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885 views | 1 reply ()

Mark M CEO and Bible Thumper

Mark is going to squeeze operations to reduce costs so he can distribute more Bibles. Think about that. He wants all of us to work harder by putting in more hours, if you read his message in this Youtube video. Before, it was Halliburton, now it is... read more
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1751 views | 4 replies (last )

Constructive dismissal

If the new organization chart came out and your position is there but someone else's name is in the box, you have been constructively dismissed. contact a lawyer and get suing
by | Post ID:
1458 views | 5 replies (last )

Job gone Middle East

I hear more Job gone Middle East . Only the people that are no good remain .
by | Post ID:
1071 views | 6 replies (last )

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