Weatherford International Ltd. Layoffs

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Topics regarding layoffs at Weatherford International Ltd.

Good news

The stock rose today, not because the dead cat but.....On Wednesday Weatherford announced a multi-step debt financing plan that will take some of the pressure off. Its shares jumped by 8% on the news to nearly $3 per share (they later eased back to... read more
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290 views | 4 replies (last )

Rumor about OT

I heard overtime is going away for you hourly losers. Thank heavens because you guys were making too much money, and the salaried positions deserve more.
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492 views | 8 replies (last )

Downgraded, due to what every employee knows

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
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1244 views | 6 replies (last )

Bonuses

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.
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1657 views | 16 replies (last )

Radar cards

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.
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570 views | 5 replies (last )

Stock clinging to life

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.
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997 views | 6 replies (last )

Too much debt can’t be good for WFT.

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.
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731 views | 2 replies (last )

What is going to happen

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
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1696 views | 8 replies (last )

Bye bye Weatherford

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!!!!
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850 views | 2 replies (last )

Another trip to HR

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.
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1008 views | 5 replies (last )

ESPP

Should I enroll in ESPP or actually flush my money down the toilet ?
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602 views | 4 replies (last )

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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2018 views | 12 replies (last )

Baird Court

Heard they shut the pump plant down. What happened?
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667 views | 3 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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2701 views | 22 replies (last )

Middle East

Here go all management in Middle East have heard they all get let go. Most expats is word
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2125 views | 16 replies (last )

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!
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386 views | no replies

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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879 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
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911 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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1421 views | 8 replies (last )

D

D
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914 views | 5 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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1683 views | 11 replies (last )

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