Speak up. Flood HR before the lay offs. Make it clear employees are being hurt. Years of thankful service. Yet hung in there. With this NEW CEO. Show some kindness. Be the Weatherford family.
Give severance pay before or in Bankruptcy. Tell all the HR mangers. Write to the CEO. If you stay silent nothing is heard. Speak up now before it's to late.
We need to start at area product line managers and work up. Some admins in the field have alot to do and and are the backbone of those locations. They do more than most and we couldn't operate without ours.
Severance, dude get real. That horse bolted long ago and it ain’t coming back. These clowns don’t even have the money to pay back expenses, the company stock is being traded over the counter by mom & pop investors & little kids investing $20 pocket money. It’s game over, or near as dammit.
If you’re operational then you’re safe, until your PL gets sold off anyway. The worker bees have to be kept to keep the pollen coming in to make the honey, anyone can see that. The first to go are going to be all the administrative hangers on, McCollum made no bones about this, way to many office staff bleeding the company dry. Second round will be all the non necessary managers of which Weatherford has thousands. It’s gonna be brutal.
The next moves will be for the company?
That made me laugh. The only severance you’ll get is what you are legally entitled to. What will happen is that you will get notice of a lay-off and not get any severance.
You can’t get blood out of a stone amigo, and remember the more money they shell out to you, the less they have to divide up amongst themselves.