Is there going to be any reorg or Weatherford Layoffs 2021? Any news or rumors?
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I temember one time in mena i was at the airport and saw my old manager in the lounge he had been canned by wft and was going to work for parker (international pipe?) What a bunch of sadsack
Its not fun to wake up in hassi masdoud with a pounding hangover and an unknown professional. Then having to deal with the locals
Ive seen the high level mucks doing the MENA shuffle its embarrassing. The locals see it also and they dont like it. Degrading and bad for society
Any more layoffs? Does BDD sh– in the woods?
the latest news is eastern hemisphere will be spun off as separate International company , with only profitable business line will remain. the rest will be trashed or sold to private equity which will clean and dump for peanuts, anyway this is what the owners want. the ship is sinking fast and hard and deep and senior managers in mena are on permanent vacation (expats mainly) living la vida loca
100% RIF I’ve heard.
Wft is sold or selling a whole bunch of properties
The latest news is that some businesses will be completed and SHUT DOWN, but others with major problems in management and big nepotism problems (WCS, Wellservice) will be target in big trouble areas such as MENA and asia and SSA.. the managers are partying all the time
Better question: "Will there be any Weatherford in 2021?"
Yeah right, that's when companies are busiest between the 24th and 31st of December,.
They will be shuting down more shops between Xmas and New Years if it ain’t making money it’s done