Topics regarding layoffs at Weatherford International Ltd.

Topics regarding layoffs at Weatherford International Ltd.

WFRD Announces 2nd QTR Results

"Weatherford" will host a conference call on Thursday, July 28, 2022 to discuss the new bloodbath. Are you sure we can’t find a new job?

Changes we need

There are many changes that most of us would like to see, I think. Unfortunately, the leadership is not interested in our opinion, but what would you say are the priority changes that Weatherford urgently needs?

Safety Audits

I remember seeing all the labor and documents and pictures taken and end result was no enforcement but just burning up money. I also remember many days of free lunches and watching birds and watching fish jump.

WFRD STOCK CRASH

Over the last few weeks the stock has lost almost half it’s value. The confidence level of this market sector has lost it’s grip. Oil is still over $100 and this company is still bleeding cash from all orifices. The financial strategies of punishing... — read more 

Can't find another job?

The only reason some stay here is that they can’t find a better job.... I don't know of any other valid reason why someone would want to waste their time here?

Heavy job responsibilities

At this point I feel like I’m doing the job of three people at least. Without any exaggeration, the workload is almost unmanageable. Almost everyone here is overloaded and I'm wondering if there are those who aren't dealing with so much pressure? — read more 

Everything that's wrong with Weatherford

Outdated systems, processes that need to be streamlined, unnecessary procedures, incompetent upper management, bloated middle management, toxic internal culture, useless HR, insufficient compensation...there are many more to add. Yet I can't think of... — read more 

Executive VP & CFO Jumped Ship

If you have worked for this company as long as we have then you all know that there’s more to this departure then meets the eye. Many times we can read right thru the headlines from this deceiving company. Can your read thru this like we do? “His... — read more 

Sink of Float

WFRD stock price is minus $7.40 from the high just last month before the disinterest 1Qtr results reported a week ago. The investor board that bailed us out want to get their money back. They have no idea what they’re dealing with and why it’s not... — read more 

Sink or Swim

What difference at this point does it make. Most of management are deplorables in a basket. Weatherford has lost all of it's talent and charisma. They are not capable of making logical decisions any longer. Just a matter of time before their an... — read more 

Almost no one wants to work here

Some of our colleagues left a few months ago and ever since then we've been doing their work instead. At this point I am starting to lose hope that someone will come to replace them. Perhaps the problem is that no one wants to work here? Either... — read more 

Doors closing at WGB

Watch this space. Q1 2023, doors closed, fact! Ask JOD for confirmation.

More leaving at WHR

They just lost many more years of experience. I bet over the past few years they’ve lost over 500 years worth of hard working knowledge. Good luck replacing It or supporting the projects… It’s time to get out of here guys!

Sachalin sales

Are WFT still peddling their wares in Sachalin and the rest of Rusky 🤔

Culture of incompetence

I think the criteria to get a management position here is to be clueless but great at a-s-kissing. If you're clueless, you're not a threat to anybody above you. And if you are good at a-s-kissing, they know you'll just nod your head and say yes to... — read more 

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| 3150 views | | 5 replies (last February 25, 2022)
Post ID: @OP+1fcw72V1

We don’t care anymore!

If they want to add more work to my plate, they can. From now on, it won't get done. They keep cutting people, their positions and expecting the rest of us to do their work. Well, I'm done. If that means I'll be shown the door, so be it. I'm past... — read more 

*** Moody's Review ***

Weatherford INT Ltd is in a highly competitive operating environment which poses elevated execution risk to its ongoing business transformation. While the industry continues to improve, further stabilization is needed to sustain profitability and... — read more 

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| 2250 views | | 2 replies (last February 6, 2022)
Post ID: @OP+1f4zgd7C

Crash and Burn

Déjà vu, Weatherford International plc is expected* to report earnings on 02/17/2022 before market open. The report will be for the fiscal Quarter ending Dec 2021. According to Zacks Investment Research, based on 1 analysts' forecasts, the consensus... — read more 

New Wireline VP.

It was about time to change out this position. Let’s hope that the new VP will quickly realize that his Global team has been playing hide and seek for the pass few years. A large portion have been collect hefty salaries and hiding out of country... — read more 

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| 2570 views | | 2 replies (last January 19, 2022)
Post ID: @OP+1eQoFZX5

Exodus

What’s going on at West Gulf Bank? Heard 4 turned in notice of quit this week

What to expect next year?

Unfortunately, I can't find a new job and chances are that the situation here will get even worse? Whoever I talk to, no one has even the slightest optimism that there could be any improvements.

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| 2200 views | | 5 replies (last December 27, 2021)
Post ID: @OP+1eqXhZjD

Geographic location

Why is it that where 90% of the drilling activity is located the point person is two hours away. LOL

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| 1640 views | | 2 replies (last February 3, 2022)
Post ID: @OP+1eq339gF

Don't care anymore

If they want to add more work to my plate, they can. From now on, it won't get done. They keep cutting people and expecting the rest of us to pick up their work and we all keep doing it. We're as much to blame for our current situation as the... — read more 

Lost Focus

The current management has forgotten or never has known how to make money. It's more important to look good than be profitable. Once upon a time, the old ones knew how to make money but the management squandered it. Now Weatherford looks good... — read more 

How busy are you?

In my 11 years in this industry I have never complained, but what is happening now is really too much. I love my job, but working for three or even four people is not normal.

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| 2510 views | | 6 replies (last December 28, 2021)
Post ID: @OP+1edcngDZ

Weatherford Layoffs 2022

Is this going to be an interesting year as it relates to Weatherford layoffs? Any chatter, news or rumors?

How is that possible?

I notice that there has long been an atmosphere here in which managers seek to devalue someone’s talent and abilities. How is it possible that people whom WFT got rid of very easily, who were so devalued and treated as the worst employees here... — read more 

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| 3130 views | | 4 replies (last December 7, 2021)
Post ID: @OP+1dwUOcnN

Vaccine mandate hits Weatherford

Insurance surcharge of $150/month to employees that do not show proof of vaccination. Congrats, way to get rid of 25% of your workforce.

it's all about their pay and bonuses

The company keeps going down the drain while those on top are doing nothing to fix the situation. The only thing they're worried about is their pay and their bonuses and how to maximize the two. They don't give a damn if WFT will be destroyed in the... — read more 

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| 2401 views | | 2 replies (last October 26, 2021)
Post ID: @OP+1dnrzWyU

I miss the days

Former WFT person here. I miss sitting around doing nothing, and not really caring about the well being of the company. It had been over 4 years since any of us had a pay increase and the moral was completely shot through the entire labor force. ... — read more 

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| 3540 views | | 8 replies (last December 10, 2021)
Post ID: @OP+1dhKCDRj

Karma will hit them hard. …

We're sick of working with broken equipment, sick of all the initiatives, sick of all the broken promises, sick of looking at was once a good company run into the ground by incompetent management, so we'll ride it out for a while longer as works... — read more 

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