Talks of GBM position and segment BDM VPs are being looked at as no longer required & what the implications would be. Most of the segment BDM - VPs are useless anyway...but be prepared GBMs!!! Ops Mgrs about to get much busier. All about to do more... — read more
Board is up to their usual incompetence
How in the world can they issue bonus to any C-Suite individual given the performance of the company. How can they move to an all cash incentive to keep these ineffective folks on board. This company is a textbook in nepotism, poor management, poor... — read more
Bakersfield
So how are things going for Bakersfield? Especially s---er rods. Have not heard about them for long time.
How stupid can WFT employees be?
Why work for a company with no future!
150 days stock been below a buck
Today $0.50 so now what management dipshits?
WFT has zero value!
The only reason the SEC would block a sale to the competition is that they wouldn’t want WFT to bring down the new owners and wreck two companies. WFT has zero value! It’s been four years of a $hi7 $how. There’s no real tech that’s worth buying a... — read more
Reverse stock split approved
Search for WFD 2019 Proxy statement. Seems they have agreed to a reverse stock split to be approved & executed on April 26th 2019. ....20-1 split 2020 WFD will be part of Halliburton.
SAFETY DEPARTMENT
One day I remember riding with my manager and looking at birds and lakes and having a free lunch
Safety
How much beer can we really buy with our PCards asking for a friend.
https://www.fool.com/investing/2019/03/25/why-weatherford-international-stock-fell-again-mon.aspx
:)
wireline albert$$
the big guys just came in and closed down wireline is red deer. only a few product lines left here, and the insider told me rental shop was next
Head of WFT Transformation in College Scandal
Already posted earlier in a comment but the title gives the context. https://www.google.com/amp/s/amp.wbur.org/bostonomix/2019/03/14/mass-businessman-charged-in-college-admissions-case-posted-his-resume-on-linkedin-so-we-fact-checked-it Shake this... — read more
Wellhead
What's going on with it??
That’s how things work at Weatherford
The current layoffs and cuts to matching Rrsp and furloughs is just another round of Weatherford trying to create another smoke and mirrors show for 1st quarter earnings 2019 because based on current conditions in the energy sector times are still... — read more
Hows RES going in Katy?
Since they have lost all of the key people.
Employee Stock Purchase Program
I went in full force. I'm afraid to look at the statements. Those 14 hour days I've been doing for a while now takes some of the sting out.
Ouch!!
https://finance.yahoo.com/news/apos-why-weatherford-international-stock-235200843.html?.tsrc=rss
Very unethical and political company
If you haven’t figured out by now that you are only a number with Weatherford you must have been sleeping. No chance of any advancement for a loyal hard working employee with many years under their belt. Instead they will promote an individual OR... — read more
More cut backs for Q 2 in Canada
Memo is out from head cheese, for Canada geozone that Q 2 furloug is back and suspension of rrsp for all employees across the board for 3 months. Makes you wonder what they up to now. eh!!!!!
Spot on the money
Well done to whoever back in January posted on here that Aberdeen manufacturing was for the chop . That day has now come with completions closing by end of this year and ESS by end 2020.
Delisting process underway
That’s 3 months below a dollar. Will there even be any money left for redundancy?
What does a share of WFT buy you?
Q: What does a share of WFT buy you? A: 2/3 of a Snickers! B: 3 eggs C: 41 sheets of paper D: the cheapest toll-fare on Sam Houston E: all of the above https://www.bustle.com/p/21-life-changing-things-you-can-find-on-amazon-for-under-one-dollar-72738
Joining the oilfield
I’ve decided decided to get a job in the oilfield as I hear you can expense alcohol? If so, How many beers a week are we talking about? Additionally, what service company is the best for covering these types of expenses? This will govern what company... — read more
Weatherford future
I'm worried. What is the true future of weatherford? Do you think that PL will be bought by others oilfield company?
More Divestures
The divestiture of the SLS group is a complete train wreck, many are being let go and other are already working for the buyer (exlog). North america ops group is the next in line to be let go, just like they did with the engineering group and field... — read more
WEATHERFORD EMPLOYEES - READ, SHARE & PROTECT YOURSELF!
Fact This website is monitored by Weatherford HR, legal, IT, and security. They want to know all employees that post here. Never use your real name. Fact Managers file listen up complaints against other employees to create dirt for terminatation. A... — read more
Follow Up On This Please!!!!!! ( How That working out).
Set the facts straight!!! So Weatherford when are you actually shutting Houma Manufacturing down. You told us March 1st! Now I’m hearing April for production and The end of May for the ultimate end. Why not make June 1st? Oh maybe your trying to... — read more
Stock Price Rebound
Is this due to free cash flow turning positive in the 4th quarter and thus investors feel the imminent bankruptcy that drove the share price down to 22 cents is less imminent? What is the next survival hurdle, getting the debt that comes due in the... — read more
Crickets
Is anyone alive out there? Hello? (Wreckage of S.S. Weatherford)
How did this happen?
The question is? How did this company get into so much debt? How did this company not succeed to be able to make a profit when times were good in the industry? It’s confusing isn’t it? Tens of thousands of hard working ppl that worked for this... — read more
It could be worst
We could be working without pay
THEY figure they OWN you!!!
Be careful anyone out there bc They think they own you..... even after you leave to better yourself and your family. For as many good employees that this poorly managed company has pushed out you would think they wouldn’t care if you just left on... — read more
Status update PCP test facility second edition!!!!!!!
Day by day it’s getting interesting..... pick a boo doesn’t know where is head and a-- is.... ramping to 12 hrs shift work ...6 days a week thinking that he can produce 40 pumps a day. It’s interesting to see that if you don’t have enough machinist... — read more
All is quiet....
Very quiet here does this mean y’all are busy and company making money or that many layoffs happening?
COROD/PCP Canada
Is Schlumberger buying the COROD and PCP plant in Edmonton, Canada??
https://www.fool.com/investing/2019/01/02/weatherford-internationals-stock-continues-its-wil.aspx
Now what Weatherford's stock price is so low that it received a notice from the New York Stock Exchange that its shares are no longer in compliance with its listing standards (a stock can't trade below $1 for 30 consecutive days). So chances are... — read more
Petition to reinstate BDD as CEO
At least BDD's jag would brighten up the St James parking garage
Will 2019 be a turnaround year at Weatherford?
I doubt it, but I'm still holding out some hope for something positive to happen...