And then there were two my friends! That day is on the horizon and will be here soon. There is no way to correct the course and destination of this ship.

Our margins are not even enough to cover payroll. The company will be broken up and what can’t be sold will be shut down. Don’t believe all the rubbish that it’s all down to the debt as it’s not. There is allot wrong and it’s not just management... — read more 

OMG down to $0.50!!!!!

WFT continues to cut up perfectly good and sometimes new tools and equipment for the 'smoke and mirrors effect' of increasing ROI. Woooo to the creditor that might believe they have an interest in inventory to secure their loan. It is often quite... — read more 

Upper Mgmt showing their superior intelligence has recently performed some remarkable cost reallocation. Even though overall health insurance costs went down for this coming year, WFT will now pay a much smaller portion of the total cost and has... — read more 

WFT Options: 1) Cut Ops and Sales managers salaries 2) Propose compensation based in “Real” revenue generation (means based on collection) 3) Reduce trips and hotel expense to the minimum 4) Eliminate the Expat status and paid all employees in local... — read more 

I remember in 2012 when they woke up to the fact that burning through cash and just issuing more debt wasn’t going to work much longer. Unfortunately, it was too late at that point as they didnt act fast enough, didn’t do enough, and then the crash... — read more 

We hired way too many Slb rejects in management. They were laid off by Slb and what have they accomplished for WFT? In 12 days the delisting and bankruptcy process begins. This was all avoidable.

These executive management teams are either delusional or they are outright lying. Management positions are reserved for freinds and family and not having field experience is preferred. These guys are hilarious.

The completion of the deal was announced on Monday. Even though this sale was announced earlier and is a part of a package of assets and operations that Weatherford planned to sell for some time, it always repulses me to see news like this. This... — read more 

I thought people crying bankruptcy were being alarmists and overly dramatic, but somehow that has in the last few months turned not only into an actual possibility but a most likely one. I'm now wondering if there is literally ANYTHING that can be... — read more 

Taken from an email note from Spears; …"$700M for a company with sales of $6 billion? Why so cheap? Debt, combined with lack of growth. Like we tell everybody, Weatherford was a good company with good people doing good work, but this good work is... — read more 

I doesn’t take much to realize that half of the managers don’t get much done. Any time of the week stop by one of the offices..... Cutten Rd. Ghost town. Incompetent managers that have been demoted ( not with a pay cut ) are well known in that... — read more 

Hard as this sounds this is our best way forward. We're paying an extremely high interest rate on our loans. Going chapter 11 will give Mark and Christoph time to restructure debt and reorganise product-lines. Head count reduction is in the process... — read more 

Focus solely on safety and promote people based on gender and your company can end up in the terlet right next to Weatherturd.

You can still get ahead....trade your WFT shares for US Postal 50 cents "FOREVER" stamps before January 1st 2019.....actually before they drop below 50 cents and or get de-listed... On January 1st 2019 the USPS will raise the price of FOREVER stamps... — read more 

Clients already questioning whether we can fulfil contractual obligations and new awards at risk due to uncertainties

Weatherford needs more managers. Thats the issue. There is a lack of management . We need more guys in golf shirts. The field hands make all the decisions and get paid all the money. It has to stop. We need more guys who could not cut it in the... — read more 

0.59c continuing the freefall

SLB: Up HAL: Up NOV: Up BHGE: Up WFT: down and new all time low 0.60 What a mess

I read all these comments by employees who keep pissing and moaning. It appears that there are many internal issues here. If I was a manager I would can anyone who just b--ched and complained. If your not part of the solution you are part of the... — read more 

I worked for weatherford from 2009-2015 (laid off) got re hired in March of 2017. Worked for 5 months and noticed all of the experienced personnel had been let go during the time I was laid off and the managers were all brown nosers who had no clue... — read more 

It appears that in order to have a layoff.com site the company stock needs to be trading on the NYSE? If true, does that mean the layoff.com will layoff WFT when the stock is delisted?

Sad, but says it all really.

Loyalty means nothing to corporations. I feel bad for the old generation who believed the lie that hard work always pays off. That narrative was designed to keep you working for pennies and believe that the ''man '' was looking out for you. Well he's... — read more 

Today I wear those coveralls because I can't afford any other clothes, even from Walmart. My pension savings have all but disappeared with the fall in share price. I now survive on the goodwill of others and weekly church food handouts. Thank you WFT... — read more 

1.54% increase

Buying companies with no plan to integrate into the larger company and allowing them to run on their own was no way to do business. Weatherford bought some great companies that were ahead of their peers. Not having the vision or wherewithal to stay... — read more 

Where's the accountability Mark? Karl? Do you guys still receive your bonus this year for failing?

If a company trades for less than $1 per share for 30 consecutive trading days the process of delisting begins.

Employees have done above and beyond trying to make this company survive. Our stock is no good , debt too high. This is totally the top tier managements fault. We have a lot of the same directors that helped cause this. Why aren’t they gone. It’s... — read more 

0.50 range or worse

You need to know your best options for the future

WTI @ $53

Good thing WFT has only some small debt issues.

Superior energy is interested in buying wellhead from weatherford.. also oilstates international is in talks too.

Okay folks back to work shares are rising again Marks plan is back on track.

Anybody?

If you are still in the field be careful how many days you put in because very soon they will not be able to make payroll. Executives need the cash for their bonuses for failing. Weatherford will go down in history as the most mismanaged oilfield... — read more 

Oilfield services companies that are small are where it’s at. In a small company nobody stands around watching you do the work. In a big company there are too many people that have no skills trying to tell the skilled people what to do. There was big... — read more