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Topics regarding layoffs at Weatherford International Ltd.
Any more job cuts coming to Bakersfield?
did they hand it off to the new CEO or did they give it to Krishna to turn into a POS as well?
Kenya is shipping samples of natural gas recently discovered in rural Kajiado to the US for laboratory tests, Energy ministry officials said. State-owned National Oil, which owns the exploration bloc where the gas was found, said the decision was... read more
Any truth to he dubai region office closing and moving to Abu Dhabi?
I bought in at 3.21. I have the change to spare and took the bet. Right now WFT is trading slightly above 4. Cashing out and taking my wife on a nice weekend to pamper her. Thanks WFT!
If WFT do not make some drastic changes before the holidays this ship will sink and sink it will. I do know how they are not going be able to meet Q1 of 2018 target (March). The bank / banks / investors are not going to be to happy. They could recall... read more
Weatherford was built on buying previously successful companies and then merging their operations together. The company was structured as a top down organization and limited any local decision making ability instead of a bottom up organization. When... read more
Houston: layoff before Thanksgiving and X'mas. Anybody knows more about this?
Q3 call talked of efficiencies and reductions to the overall organization and how this will show benefits starting in Q4. Question to current employees, are there enough folks left in the field to address this presumed increase in work that is... read more
...get everything in your salary and vacation time. Don't count on bonuses or stock grants or stock options.
3.21 folks, 3.21, not looking good - uncharted territory ahead. Somebody hold me.
Word is that Weatherford in Aberdeen is to close and become a canteen facility to service all those who work in the vicinity. On the menu, cooked books, bullsht and horsesht served with some humble pie !!!!
Anybody knows if we'll get more Weatherford layoffs today? Somebody mentioned Huston was next. Any other locations?
Who would like to work with this company? How long do you think they need before they collapse ??
Major layoffs coming . Mainly overseas . Live in expats to be hit hard . Hold your hats this will be harsher than other time
What’s going on at Strathcona? More layoffs?
What is the latest news ??
I was laid off at the first of the month and Weatherford agreed to continue paying the premium on the insurance for my family as part of my severance. Tried to use it today and the insurance company said our policy has been cancelled. Nice.
It would seem that the lipstick is being put on the pig. Anyone know who the potential buyers are?
I don't think it was a coincidence I took a survey about a week before my position was eliminated. This survey was sent to me in an email. I wasn't even going to fill it out but a couple of days later the new CEO sent another email asking again to... read more
Is it true that we might have cuts (layoffs) in Geneva.
When will OneStim start. Will the rehire any of the people that were let go?
To have an R&D program you need a vision and a plan! There is no vision, beyond survival at this point. There is no plan, beyond every man for himself. This is the fundamental problem with WFT. They have never had a vision beyond acquiring companies... read more
Is Kingwood closing?
Years of promoting Operations folks and neglecting the R&D folks has gotten you into quite a cluster. Where do you work if you are not intelligent enough or disciplined enough to work in R&D? I will give you one guess.
Closing the doors!
I heard DMs were being axed in Texas.
Here go all management in Middle East have heard they all get let go. Most expats is word
Folks, no one is going to buy the entire thing - this thing is going to be broken into parts and sold. Completions is already supposed to go to the Schlumberger JV. As they have no deepwater play that has much market share the land (shale plays) is... read more