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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Topics regarding layoffs at Weatherford International Ltd.
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
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
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
I've been offered a job as a trainee field engineer. I honestly dont know if WFD is really serious or they will just let me go on my first day or something like that. I'm supposed to be part of this new NextGen program thing. Should I accept this job... read more
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
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.
What’s going down on Friday? Another pep rally denying the inevitable or something more sinister?
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
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.
I appreciate your response?
Is it dead or moving forward? Thanks for the positive replies
Here go all management in Middle East have heard they all get let go. Most expats is word
ITS is seriously looking at our books starting their due diligence. Could this happen?
Any news in Weatherford KATY??
Here come The Bobs. Get ready to tell them, what it is exactly... you do here.
Positive changes in many locations that have hire exSLUM managers . Hopefully Mark we’ll hire more!
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
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.
Fill out a Radar card, it may save your life.
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. /
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.
Houston: layoff before Thanksgiving and X'mas. Anybody knows more about this?
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
A big dog is under investigation for corruption. Someone in the eastern hemisphere. Have you heard this yet???
Calling Weatherford disjointed is an understatement. And I just love the part about "squeezing more costs out of operations." Nice way to say more layoffs incoming... read more
Bernard's POS Jag should fetch a few grand and lift up the share price for a few minutes.