Another rift this month. Q1 results are terrable and Million Dollar Mark is beating the drum for answers. He is calling it the Easter Egg Hunt. There is a catch, there are no eggs only heads.
Next friday is rift day.......
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Wow 2.19?!! Should be a couple of months more to go. I guess that’s it folks. Milk it while you still can.
Oh Yeah, Stock update,... WFT @ $2.19. New low. Headed below $2 soon. And de-listing from the NYSE. Then the banks will call in their debt. And that will be the end.
I will say it again. (but corporate will not listen, again), they need to fire the whole supply chain group from top to bottom. Make everything local decision making. And pay the vendors where the local management can make the best deals. Let local management be responsible for their own profitability and if a product line or region doesn't make money, then close them. No time left for grand plans. Get rid of all the Vice Presidents too. Just have local product lines in charge of each region. The local shops know how to make money, if the Corporation can get out of the way.
Teflon Fred has his exit strategy well organised so I wouldn’t worry about the lies. Join ‘em or ship out. The real world outside the WFT septic tank is rather good, less stressful & quite a pleasant place to work.
Your the liar
layoffs but weatherford has been posting jobs on indeed. they need to make up their minds. there are job postings right now.
You are not over worked and payed what you are worth. Actually over payed is more like it.
Bring it on, unemployment and new job here I come
WHR, They havent looked out the window recently have they.
WHR we are safe once again! We are top performers and the executives at SJP know it. No cutting here so no worries.
Destiny or call it Karma? - When you have no idea who the performers are and get rid of them! Key for a new management is who you are taking inputs from and are you connected to the ground base?
MENA is well up on list of targets. Most places will see a few heads for the chop. Dubai & Abu Dhabi will be like Cambodian killing field.
In Middle East