Topics regarding layoffs at Weatherford International Ltd.

Topics regarding layoffs at Weatherford International Ltd.

Northeast

What is happening to the northeast. TP leaves the same time RH leaves to start a new branch for a drilling services company. Now the other manager puts in his 2 weeks. Rumor is building a new shop in one of our vendors buildings. If we loose this... — read more 

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| 1710 views | | 7 replies (last March 29, 2018)
Post ID: @OP+RZizI7F

When will it end

What I want to know is how we are still open. When will the end come? No plan has been laid out for any of the employees and it’s so unfair to everyone putting in their time. They have to make a decision here, bankruptcy or selling something or just... — read more 

WFT Labs

I hate this company so much. They promised us raises, but its never going to happen. Spend your day applying to other jobs people.

120Days

That’s right 120 till our vendors get paid. Tell your bank that or better yet your mortgage company. Come on now let’s try and survive on their backs.

Critical 2018

Necks!! SLB managers are leaving Weatherford soon Please focus on 2018 revenue & objectives. Keep up Weatherford builds

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| 2430 views | | 7 replies (last November 15, 2018)
Post ID: @OP+RWiVLRM

February 2018 Layoff

Huge layoff in February. 100's in Louisiana and Texas were let go in tbe name of company transformation. This company is in its death spiral letting people go, severely restricting purchasing, mandatory supplier price reductions on top of a 120 day... — read more 

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| 3200 views | | 9 replies (last March 1, 2018)
Post ID: @OP+RWH0yIA

Which two Business Units will it be??

As we move into March and near the close of Q1, any word on which two BU's will be sold off to make up the 500M that was put out there on the Q4 conference call? It was said they would get it done in Q1 so folk have to know by now which ones it will... — read more 

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| 2140 views | | 8 replies (last May 25, 2018)
Post ID: @OP+RWK1rMy

Good news

The stock rose today, not because the dead cat but.....On Wednesday Weatherford announced a multi-step debt financing plan that will take some of the pressure off. Its shares jumped by 8% on the news to nearly $3 per share (they later eased back to... — read more 

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| 2160 views | | 9 replies (last February 28, 2018)
Post ID: @OP+RRhLPhH

Rumor about OT

I heard overtime is going away for you hourly losers. Thank heavens because you guys were making too much money , and the salaried positions deserve more.

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| 1940 views | | 10 replies (last February 25, 2018)
Post ID: @OP+RQM4J3L

2.91

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| 1260 views | | 5 replies (last March 2, 2018)
Post ID: @OP+RQE2Wji

Downgraded, due to what every employee knows

Weatherford International Plc (NYSE: WFT)'s business is left severely impaired after two decades of mismanagement, poor execution and a culture unaccustomed to accountability, a Barclays analyst said. The price target has been slashed from 6 to 3.50... — read more 

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| 2170 views | | 6 replies (last February 21, 2018)
Post ID: @OP+RJjhLE2

Stock clinging to life

The body is alive but is on artificial life support. The tiny blips are just what's left of a pulse. Probably best to check back in a few months for any signs of recovery. We have all been through so much, pull the plug Doc.

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| 1900 views | | 6 replies (last February 14, 2018)
Post ID: @OP+RIvrU8F

Too much debt can’t be good for WFT.

Looks like they’re going to lose the fight. They’ve struggled for a few years with different tactics that just don’t work. Going to be a lot of people screwed over pretty soon.

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| 1500 views | | 2 replies (last February 12, 2018)
Post ID: @OP+RFkzLfK

Bye bye Weatherford

So glad to see this a-- of a company going to the dogs!! Be nice to see a few of the people I didn’t have time of day for getting sh-- all when it does go as well!! Jumped up Manager wannabe’s!!!!

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| 1860 views | | 2 replies (last February 8, 2018)
Post ID: @OP+RDXnKFx

2.66

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| 1610 views | | 6 replies (last February 13, 2018)
Post ID: @OP+RDBpq8D

What is going to happen

I would like to know serious thoughts on what will happen to the company in the next couple months. Surely we cannot survive at stock under $3 a share. Will they go bankrupt? Are the rumors true about the sell offs? Will they do more layoffs... — read more 

Another trip to HR

Well it looks like I will have to make another trip to HR about my supervisor. Why can he not learn and change his ways.

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| 2010 views | | 4 replies (last February 8, 2018)
Post ID: @OP+Rz7AnQH

ESPP

Should I enroll in ESPP or actually flush my money down the toilet ?

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| 1481 views | | 2 replies (last February 2, 2018)
Post ID: @OP+RwZ19DS

Baird Court

Heard they shut the pump plant down. What happened?

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| 1321 views | | 3 replies (last February 1, 2018)
Post ID: @OP+RvHVV93

Radar cards

Did you ever hear the joke about the WFT employee who didn't fill out a Radar card? Me either, because there's nothing funny about that at all. Save the world, fill out a Radar card.

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| 1570 views | | 4 replies (last February 19, 2018)
Post ID: @OP+RtiUNec

Bonuses

The list of companies giving out bonuses, raises, and stock to their employees grows by the day. It severely tees me off to be told 'I'm lucky to have a job' by WFT. No raise in FOUR years. I've got my resume circulating and I'm knocking on doors.

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| 2720 views | | 16 replies (last February 19, 2018)
Post ID: @OP+Rqfc7oB

Don’t figure

Why is it that a major UK business can be made bankrupt with £1.2B of debt but company like WFT with allot more debt than that can continue to survive? It doesn’t add up!

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| 1090 views | | no replies yet
Post ID: @OP+Rjjccdd

Weatherford Going Bankrupt without a doubt !

Fact - Total Assets = 12.013 billion. But that includes 2.346 billion Goodwill. Which is the amount they overpaid for all the companies they bought over the years. Fact - Total Liabilities = 10.685 billion. So total assets are actually 9.667 billion... — read more 

Get Out!!!

Is it true in West Texas under the Balog Regime there hasn’t been any raises in 4 years? Let’s get rid of all the good help and bring in noobs at a higher pay and see how that goes.

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| 1560 views | | 3 replies (last January 19, 2018)
Post ID: @OP+ReLc9Zt

WFT stock

A stockbroker, cold calling about weatherford stock, found a taker. "This one is really going to move," the broker said. "It's only a $1 a share." "Buy me 1000 shares," said the client. The following day, the stock was at $2. Seeing this, the client... — read more 

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| 1762 views | | 1 reply (January 14, 2018)
Post ID: @OP+RejZeyk

Employee Bonuses

Since the passage of President Trump's tax package multiple companies have announced one time bonuses for their employees...EVERY employee. I keep waiting for Weatherford's announcement of our two or three thousand dollar one time bonus...but dang... — read more 

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| 2180 views | | 8 replies (last January 13, 2018)
Post ID: @OP+Rbj9oPG

D

D

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| 1600 views | | 5 replies (last January 12, 2018)
Post ID: @OP+RaUOVu5

Are clients feeling uneasy?

So how are clients reacting to the state of Weatherford? I know that when I was there many were attempting to leverage the difficult times and forecasting a lot of work and agreeing to give it to Weatherford for a lower price in return. However, in... — read more 

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| 2290 views | | 2 replies (last January 11, 2018)
Post ID: @OP+R8kKOMn

From Market Realist online

Recommendations for Weatherford International Currently, ~78% of Wall Street analysts rate Weatherford International (WFT) a “strong buy” or “buy,” and ~19% rate it a “hold.” Around 3% of analysts have “sell,” or “strong sell” ratings on the stock... — read more 

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| 1610 views | | 3 replies (last January 8, 2018)
Post ID: @OP+R5RiNA1

Surprise Schlum Sale

What will be the outcome here? It seems like this was a major component of the biz

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| 2390 views | | 11 replies (last January 11, 2018)
Post ID: @OP+R59h2Ao

Labs Townhall Friday

What’s going down on Friday? Another pep rally denying the inevitable or something more sinister?

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| 2290 views | | 6 replies (last January 6, 2018)
Post ID: @OP+R3gFH60

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