Thread regarding Weatherford International Ltd. layoffs

Weatherford will shine again

All common employees are slowly getting stripped off with benefits and head counts still going down. Is the transformation only applicable for small fish employees? Management should also cut their salaries and benefits to lead as example. Weatherford will shine again in very near future, but with current upper managements? The sun won't shine until this guys are out. Hats off to the CEO for keeping the faith and accepting the challenge to lift up and to survive. Hope all the extra hard work of each employees will be paid off soon. To those careers which got stuck, for the affected families, to the additional workload, to the pain we persevere. The stronger we believe the sooner the market will see our efforts.

Reposted from @W32i7eQ-avp. Well said.

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| 1621 views | | 3 replies (last November 20, 2018) | Reply
Post ID: @OP+WeIZ4gS

3 replies (most recent on top)

Market is dragging WFT down, will be difficult to survive under current conditions. Hopefully things get better for all of us in WFT

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Post ID: @hwi+WeIZ4gS

Year on year it recover 265 million in free cash flow for Q3. Clearly it is happening, it’s just taking longer than expected for the frankly massive task of turning the ship.

Would I invest 30k into it tonight? No.

Do I get p-ss-d off reading each day for 4 years “it’s doomed” - dam yes.

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Post ID: @mdd+WeIZ4gS

You are trolling I think, WFT is f---ed and you’d better get used to it.

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Post ID: @tbt+WeIZ4gS

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