Thread regarding Weatherford International Ltd. layoffs

3rd QTR - WOW

Was just told by some executives that we should all be terrified for the results that are to come, they were expecting a lot more, and shockingly, failed to produce.

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| 1823 views | | 7 replies (last November 1, 2018) | Reply
Post ID: @OP+VSKvRHP

7 replies (most recent on top)

There have been rumors about Bakersfield wholesale closing for years. Why would It be true now?

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Post ID: @3hir+VSKvRHP

Isn’t Bakersfield wholesale closing?

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Post ID: @2xzf+VSKvRHP

California rods has been doing great for a long time. Has something changed

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Post ID: @2huq+VSKvRHP

Go KJ! He’ll have to really pull a rabbit out of somebody’s a-- to save Weatherford rods. The best he can do is to get a real company to buy it out. Wait till they see the stacks of rods with 50 different combinations of guides on them. What a waste and a damn shame.

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Post ID: @2arx+VSKvRHP

Mark better be careful throwing out lies on the earnings call. S---er rod manufacturing is at about 20% capacity from what I've been told. Greenville and Zibo are both at an idle. S---er rods are stacked to the ceiling with nowhere to go. Too much of the wrong rod and not enough of the others as usual. Sad day for an impressive manufacturing facility. Hopefully KJ can turn this sh-- around for them. He's one of the last ones left that actually knows what a s---er rod is. Good luck KJ! You'll need it with the sh-- show in Houston you're dealing with.

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Post ID: @wsa+VSKvRHP

Some good people left there that need to get out as soon as possible. WFT continues to keep its old dog habits of having all those worthless expensive positions, unqualified managers that only work a few hours a day. I had one of the good managers luckily....... not sure what the hell he is still doing there .........

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Post ID: @fcq+VSKvRHP

Who would have imagined !

Weatherford management is a byword for failing to produce.

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Post ID: @brz+VSKvRHP

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