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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Topics regarding layoffs at Weatherford International Ltd.
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.
Was it cancelled? Is it late? How late? Wasn’t it going to be available in 2017? Bag holders want to know.
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 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.
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.
I heard they are going out of business
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....
Should I buy now?
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.
A big dog is under investigation for corruption. Someone in the eastern hemisphere. Have you heard this yet???
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
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!!!!
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.
Currently 5 cents over the 5 year low. Barffff
Lawyers are busy
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 !!!!!!
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
Heard they shut the pump plant down. What happened?
Positive changes in many locations that have hire exSLUM managers . Hopefully Mark we’ll hire more!
Here go all management in Middle East have heard they all get let go. Most expats is word
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!
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
What will be the outcome here? It seems like this was a major component of the biz