Hiring to replace current employees at a lower pay scale. Train your replacement is the new reduction plan. I am safe where I am but see this with other employees.

With the company reorganization and new CEO, expect 1000 more layoffs to occur in the near future.

Any news on what is going to happen with Bakerafield? Heard they are going to combine shops.

So I heard there is a guy in Houma from Houston who has been here for 2 weeks, and he is here to "dismantle" Weatherford. (I'm assuming it's only the Houma manufacturing plant but not positive. Supposedly dismantling locations (or companies?) is his... — read more 

Near empty offices and buildings plus full scale closures across the UK are we seeing the end of WFT in the UK

They are downsizing, getting rid of most full time positions, and replacing them with part-time jobs employing more people for less money by giving fewer hours per person. Companies save big this way because they are not required to pay benefits. But... — read more 

No sure if it could get much worse, sales still dropping in every dept in every country and spending so much cash on severance packages, Is there any way out of this massive hole?

Heard some rumours and none of them good, major layoffs planned and some divisions being absorbed by Bakersfield.

when is the next round of layoffs? how many do they plan on cutting this round?

Seems most employees I casually talk to carry the same complaints right now. So many of us weathered the storm, took on an increased work load and clinged to hope that the effort would be recognized with a increase in wages once it picked up again... — read more 

https://seekingalpha.com/research/3022051-shock-exchange/4979635-weatherford-insolvent-3_6-billion

Well I made it another week milking my job. They have no clue as to how easy we have it.

Who's still there?

Well I am back to work at my bench from hell again. I am getting very tired of this crazy place. I have learned to keep busy and make time pass by as best as possible. I am not sure if the bosses really understand what we need.

http://fuelfix.com/blog/2017/04/28/how-good-is-u-s-shale-not-good-enough-to-buoy-weatherford/

https://seekingalpha.com/research/3022051-shock-exchange/4980759-jp-morgan-cuts-exposure-struggling-weatherford

More cutbacks in Oklahoma. It's about time. It includes Management too!

Apparently 3044 has a shipping/receiving department that doesn't have to do any shipping or receiving and gets a paycheck for it.

Ok - this is driving me nuts! I have a coworker who sits at his desk and will be on a phone call and then will start CLIPPING HIS NAILS!!! And not just his fingers - he clips his toenails too! It is seriously so disgusting! Why does he feel the need... — read more 

Too slow and clumsy, poor craftsmanship and over priced.

According to https://www.macroaxis.com There is a 54% chance WFT will go Bankruptcy. Good luck guys.

I was terminated for failing a drug test! This is what they said the company policy is to give 2 hours and I was only given 1and a half hour notice. Is this legal or do I have a case.

Hello. Im having an issue at work that i need some advice on. I have this coworker that is so rude and doesnt like me for no apparent reason! Im at the point where im so fed up! I already went to my boss several times about the situation and nothing... — read more 

There is 44% WFT will go bankruptcy. According to https://www.macroaxis.com

http://blogs.barrons.com/stockstowatchtoday/2017/03/27/ok-halliburton-ready-or-not-here-come-schlumberger-and-weatherford/?mod=yahoobarrons&ru=yahoo&yptr=yahoo

http://seekingalpha.com/filing/3474418

http://seekingalpha.com/article/4054853-weatherfords-failed-540-million-equity-raise-appears-ominous