Whats going on in Ventura ?

Weatherford To Sell $1.4 Billion Of Debt In Refinancing Effort DOW JONES NEWSWIRES Weatherford International Ltd. (WFT) said it will sell $1.4 billion of fresh debt as the oilfield-services company uses the funds to pay down other borrowings. It also... — read more 

Oil & Gas wont ever again see the record high prices of last year in fact it will take to 2020 for prices to stabilize at around $50-$60 in the meantime degree engineers used to earning $60-$100K will move to other industries such as aviation or... — read more 

Anyone knows the exact number so far? and how much more it is planned?

I don't pretend to know much about shareholders. So to all you smart assessment...pissoff. But this man has been CEO since the yearly layoffs started in 2008 what is up with this?????

Is Weatherford denying use of sick and vacation time? Another post mentioned this and said use of time would cause termination.

Summary •Weatherford's EVP of corporate strategy and former COO, Dharmesh Mehta, resigned about one week after disappointing Q2 results. •Weatherford's plan to divest non-core business and pare down $3 - $5B in debt has gone awry. •Given waning... — read more 

http://seekingalpha.com/article/3433156-weatherfords-3b-goodwill-could-be-deeply-impaired

M-Thurs work week and off Friday Saturday and Sunday. Salaried Individuals do not suffer the hit. They may not even be required to work on Fridays, but since there salaries they will get paid for the Friday as well. The boss Nick didn't want anyone... — read more 

I realize many of you are anxious, looking for reliable posts regarding your positions. Many of you want bad news about the company you worked for to avenge your dismissal. You won't find it here. It's just business. More to the point, this is the... — read more 

2 where laid off just now

HUNTSVILLE.... DOOM DOOM DOOM... Insert dramatic pause....Well.. let's see here.. everyone talking. OPEC this and OPEC that. Layoffs here and layoffs there. WFT selling out. What about what's going on right here? Can someone, anyone tell me what's... — read more 

https://www.yahoo.com/finance/news/opec-just-kicked-oil-30s-162320244.html#

http://finance.yahoo.com/news/3-oil-companies-where-insiders-163700688.html

Weatherford could be acquisition target as GE buys Lufkin, Bloomberg reports Rumors again? Wft easy acquisition target, and mega cheap.....

http://seekingalpha.com/article/3416016-halliburton-gives-weatherford-the-twa-treatment

Has anyone heard if WFT is going to close the Laurel Miss Fishing Rental Division since it only has 8 fulltime employees and 3 of them are fisherman? # cant suppoet the fixed cost.

As in Germany some managers have accepted an 18 month "retainer" so that the talent does not leave. During this time they will receive 100% of their salary but are forbidden by contract to apply for work elsewhere. Lawyer, Controllers, Human... — read more 

OPEC cartel plans to keep production flowing have drastically misfired they could have simply got together in some small Swiss alp retreat with the other world oil cartels and thrashed out a deal to keep production at a level that would have suited... — read more 

Talent is a gift. A gift that requires you to have a common sense method, sufficient business transactions and superior relations in order to run the show. There is no need to weed out good talent from bad workmanship because the ratings are down and... — read more 

Rumors about HR coming to the Cyrus One building in Houston next week. Keep on your toes people.

Any news ?