This board is more heavily censored than conservatives on any social media platform. Good grief.

Well if it comes to down to layoffs will remaining sick days be paid out? They use to pay us out at the end of the year, now its use ut or lose it. Not holding my breath for a severence if it comes down to it.

Sad but true, the field guys just don’t have any more motivation to stick around. Shat on constantly by our own people tends to wear you down in the long run. I’ve still got a bit of brand loyalty but it’s beginning to run out, been with Weatherford... — read more 

So in April, management stated in the Proxy that the Transformation was a "success", expected to achieve $1B goal by y/e 2019, and also gave themselves a bonus at least partially based on Transformation benefits recognized in 2018 . Then in May at... — read more 

Hearing lots of rumours about several OFS companies sniffing around and kicking tires of select product lines. Does anyone know if business units can be sold while under Chapter 11 ? ......Asking for a friend .

I wonder how management will spin this as a success. If you are in the field I feel sorry for you, payroll issues around the corner. the whole free cash thing from last quarter was simply due to creative accounting. WFT finance are masters at cooking... — read more 

It will be much easier to poach your good people now. It would take a big pair for a bankrupt company to sue you for freeing the prisoners.

Moody's•May 13, 2019 Moody's Investors Service ("Moody's") downgraded Weatherford International Ltd.'s (Bermuda) (Weatherford, a Bermuda incorporated entity) Corporate Family Rating (CFR) to Ca ohhhh finally being a family run company NEPOTISM will... — read more 

I realize that this question maybe sounds a little pathetic, especially knowing the fact that this eas in the making for a long time. However, I imagine that other people that remember the days when this used to be a good company are asking the same... — read more 

Welcome to the world of a well connected white guy!

One day I remember driving all day and looking at birds and lakes And having a free lunch. Seriously not joking.

There guys are unbelievable. Oh did I mention that the board and senior management will get bonuses? It's a good thing we worked for half rate for 4 years.

What did everyone think of the propaganda meetings today. Do you feel safe and secure? That your job is secure? That we’re better off now? That anything will be left in Canada?

A lot of questions come to mind. How is the job market in the business doing these days? Is it wiser to try to apply for jobs at competitor companies or try to move to other industries( the ones that have that possibility)? What opinions do... — read more 

page 44 onward (Read carefully E) if you are an employee) A) As of the Effective Date, the board of directors of the Reorganized Company (the “New Board”) will be composed of seven (7) directors, one of whom shall be Mark A. McCollum, the chief... — read more 

It’s business as usual, folks. Another work day, another couple of bucks.

Any ideas why pre-marketing trading was halted this morning about 6 AM CDT?

Maybe a stupid question , but at this point it sounds pretty reasonable to me. Ch 11 will cause a lot of layoffs in one form or another, that’s for sure. In how much danger are we exactly regarding the receiving of our severance if we get laid off... — read more 

There will be a flood of resumes from WFT hitting the market. There are good people here but there are many more that know the jargon but have no real valuable skills. I realize everybody needs to eat but so do you. It only takes a few bad apples...

Restructuring will reduce long term debt by more than 5.8 billion dollars. No impact to customers, vendors or employees. (From Yahoo finance)

When is the garage sale? There are a couple pieces of software I'd like to buy and I know they have no idea how valuable these things are.

What’s going to happen to Canada?

Great discounts! Solid ROI! Work from home and be your own boss! Don't wait, this offer is for a limited time!

Just heard from a manager in another district today 5/10/19 that WFT was going to do chapter 11. And I heard the reverse split on stock hasn’t been done (read the ballots went out last Wednesday). Thoughts?

Along with an earnings report out now after an earlier postponement, Weatherford (NYSE:WFT) says in its 10-Q filing that it expects to file for Chapter 11 bankruptcy. Shares are down 12.5% after hours. It's hoping to reach a deal with noteholders for... — read more 

Come on! Postponed earnings to today and still nothing? What is going on fellas?

How? Why? And most importantly, who is desperate enough to join Weatherford in its current state???

Current management can blame previous management all they want, but the fact is WFT still owes 8 billion even after selling off three companies.....that money was supposed to go to debt reduction. Obviously it didn't. The CEO still has most of senior... — read more 

If you are still with this company, I strongly urge you to put the final touches on your resume and start shopping.

News: Weatherford Launches Victus™ Intelligent Managed Pressure Drilling. Victus, really?? Too bad that a potential superior product is jeopardized with such a poor naming, entering straight into the Epic Fail hall of fame!) I guess the Marketing... — read more 

not good, not good https://www.chron.com/business/energy/article/Weatherford-postpones-release-of-first-quarter-13827689.php

WFT doesn't even make an attempt to keep them. Feel bad for the poor employees who bought into the EEP c-ap. They will lose a ton when the reverse split goes into effect. Worked there for many years. It was the jewel of the oilfield ten years ago... — read more 

I know so many people who are staying at Weatherford despite hating their jobs because they're hoping they'll be laid off and walk away with severance - despite the fact that severance is not a guarantee. Company can decide tomorrow they are done... — read more 

Managers that have no skill besides managing other people will be the death of this place and others like it. Hard-skilled workers prefer to work for hard-skilled managers. It is much easier to find a job where this is happening instead of waiting... — read more 

+15% down today. McCollum to enterprise - Beam me upQ

A reverse stock split won’t change anything in the long term even if it does take place. I know that this is stating the obvious but it’s not some magic formula that will cure all or most of Weatherford’s ills. The value of the company will stay the... — read more 

Looking at the SLB results / problems on cash flow and general performance trending downwards in Q1 - makes you wonder what’s in store for us? Will they you even make the interest payment? Add in the 2020 senior notes exposure then things are only... — read more 

Is fleet safety still around? Can’t be much DOT compliance..