Why are they hiring the competition's people at twice what they are paying our own staff. We've worked hard with no pay raises last few years, sacrificing for the company only to have them bring on new hands at twice our pay. This, so much this... — read more
Sentinel Energy Services - New kid with blank check, might we see them pick up the pieces?
See that Krishna has resurfaced and is joined by Andrew heading up Sentinel. With a blank check and a good knowledge of what was working and more importantly what was not in Weatherford, might we see some of the pieces get picked up? Presuming that... — read more
Weatherford is preparing for a takeover
Weatherford is getting business in order and getting rid of assets so that it is ready for a clean takeover in 12 to 18 months, if you cannot see that happening you must be blind. The amount of change that is happening all points in one direction. I... — read more
Need true leaders
I don't have a problem with any CxOs taking multi million dollar packages and outsized bonuses. I HAVE a BIG Problem with them carrying an option to layoff people as an option in the face of difficult times for organization. No one, absolutely no... — read more
Glad I left
So glad I left WFT. This is where the haters say good ridance.... Nothing bad to say about the company. They treated me well early on. Just don't like who they become. I couldn't play along. No hard feelings on my part.
Q3 coming to a close - what do we expect
With Q3 coming to a close will they survive much longer? Have not heard any new news on the OneStim closing, however we know they are going to be hit with a 30M charge this month to close out the SEC fine from the tax issues (resolved this time last... — read more
too much
Some berson really look into the Oman Operations. It is phamaly businez these guys are having. From Top to bottom is Egyptian. All family pepol are in all positions. So many persons are fired from other countries and they come to Oman and are given... — read more
No more work
So they are telling us we can not take anymore work and be lucky we can drill the ones we have. Are you kidding me.
L O L
LOL,was sent message for an interview,they replied back later on afterward's that they sent it by mistake to me,OMG do they still have incompetent bodies still there after I been gone,probably better off where I'm at now,no more corporate B S,
Kingwood closing by Q1 2018
Hearing that Kingwood will be shutdown by EOY (2017). Believe they have some cushion on the lease of the building into Q1 of 2018 but not much. Also hear they have not finalized on outsourcing as of yet. How in the heck does one make a call like this... — read more
Union update
I understand we have communicated with the local postal workers union because of our similar work ethic and determination to be the best in our industry. We have similar goals like not letting bad weather slow us down from competition of the job to... — read more
Signal Hill closing, more than just a rumor.
It's been rumored for a while but it looks like it's about to happen.
WFT
Weatherford always has been a complete dumpster fire. Bless your easy to short stock.
WHR flooding
I am thinking when I go in on Tuesday I will find a snake or two at WHR.
Good luck to everyone
My life boat is here. I'm getting off this titanic. Bye WFT and message board friends. I'll miss discussing what 1 share of stock could buy us.
For anybody doubting that this year's layoffs are massive
Here is the proof - Weatherford International is seventh so far in number of people who have been laid off in 2017. At least we are not in top five, I guess?... — read more
More changes at Weatherford?
So a lot of changes in the "C" Suite at WFT this year so far, how much more will be coming I wonder. Question for the board here - how long does it take for an effective management team to affect change in an organization, WFT in this case? Given... — read more
Weatherford Management summed up !!!!
http://imgur.com/gallery/Sm3blE2
Managers thinking they are above
Why do the managers think it is ok to treat their employees like peasants? If it wasn't for their workers they would be closed. They yell and dictate everything treating them like little children. Then have enough trust to run around in company... — read more
OneStim
What is the latest news on the OneStim joint venture between WFT and SLB ??
New North American Finance fella
Does anyone know anything about this new North American Finance Fella from Canada? I have not seen the old HAL guy around and the new guy is making some changes. Also, I heard some other finance folks came down from Canada. Is this true?
Weatherford Management defined
A woman in a hot air balloon realized she was lost. She reduced altitude and spotted a man below. She descended a bit more and shouted: "'Excuse me, can you help me? I promised a friend I would meet him an hour ago but I don't know where I am". The... — read more
How long will it take to undo Mario's mistakes?
Here's a guy that fires the wrong people and puts the wrong people in important positions. How long will it take to undo that mess? I would say at least 5 years.
Does this make any sense?
The CEO is about to bless us all here in Kingwood with a visit so for the past week handful of people have been running around like headless chicken trying to tidy up the facility so it's presentable to His Majesty. Now keep in mind that there have... — read more
Are company trucks still being abused?
Is the shield still letting people have company trucks who dont deserve them? Im sure theyre using them for personal use on company dime, while the rest of you fools dont get a raise and have to use your own money for gas.
LWD is dead
LWD is dead. Weatherford is, if they survive, going to end up back to running casing/tubing, software (as that is the new love child and they have teamed with IBM), and Artificial Lift. The rest is going to be cast aside and even some of the groups... — read more
Weatherford is failing
Weatherford is failing and we all know this. I still do my job everyday cause i am limited on choices to where I can go due to small town. Management is a joke and anyone with eyes can see this. Weatherford is a joke in the field and that is sad that... — read more
My opinion: Kingwood will be closed soon enough
Kingwood will be closed soon enough. What work is being done there now will be outsourced and the management that remains will either go to Huntsville or SJP. Once they took this and split it among 4 different VPs, each with their own goals and the... — read more
Weatherford layoffs in Mumbai (2017)
Any updates on layoffs that are taking place at Mumbai? I am surprised that no posts are made on this.
Layoffs last week
I heard of some layoffs in the kingwood location. I am not sure how many. Any other location with layoffs?
How's the 'new' RSS project going?
Why did the main manager for this 'new' RSS quit?
Seems our new CEO has big plans
Calling Weatherford disjointed is an understatement. And I just love the part about "squeezing more costs out of operations." Nice way to say more layoffs incoming... — read more
Payroll deposit name change
Did anyone noticed a name change on your bank transaction for this month payroll? Used to be weatherford internetional payroll, now is something else. Are we getting divested? Has anyone heard anything?
Q2 numbers - will they make it or disappoint again?
Conference call is this Friday (28th), what are the thoughts on WFT making numbers? Is this going to be another disappointment or will they actually deliver?
Nisku!
What the hell went down in Nisku?