Good luck, may the odds be forever in your favour as you knock each other out of the field and grow resentment for the future of your livelyhood which ends up casting future management positions in the next oil bust 20 years from now!!!! Ahhh so... — read more
Weatherford downgraded to triple junk status yesterday
The worlds worst performing oilfield company just got hit again with another downgrade to triple junk. Its the only company in the oilfield ever to receive this accolade. Well done team - we are truly a bombed out piece of crap company that aint... — read more
H1B's
How many of these were let go? Click on "job title" to see how much less Wft is paying them as compared to "average salary". http://www.visasquare.com/visa-greencard/salary/weatherford-international-400787.html
$10 Oil Will Trigger Economic Collapse, Warns Economist
http://thesovereigninvestor.com/exclusives/10-oil-in-2016-u-s-economy-doomed/?z=463472
Halliburton Cuts 5,000 Jobs, 8% Of Workforce... If Halliburton is doing that bad does Weatherford still have a pulse?
http://www.zerohedge.com/news/2016-02-25/halliburton-cuts-5000-jobs-8-workforce
Layoffs happening at SJP today
I can confirm because I am one of laid-off. If you're still working at WFT, what are you waiting for? The grass IS greener on the other side, while on WFT's side, the grass is dead or is dying a fast death. Get out while you can. The company will not... — read more
WFT is "hiring" internationals under the pretext that no qualified US citizens are available!
WFT let go experienced and qualified people. At the same time, WFT is currently "hiring" internationals for similar jobs under the pretext that no qualified US citizens are available and WFT is spending tons of money on them to get their permits... — read more
What's the story on Odessa Frac?
You guys are really quiet. Who got the shaft? Who's still there? Which guys kissed the most ass?
Largest oil producer suspends all fracking in North Dakota
http://www.zerohedge.com/news/2016-02-24/saudi-arabia-wins-now-north-dakotas-largest-oil-producer-suspends-all-fracking
Forced use of vacation time
Any remaining employees forced to take off and use vacation time this year? If so, how did management determine who, when and how much time?
Are layoffs happening in Bakersfield at all right now?
I read chevron is axing some more employees in Bakersfield right now
Chinese scrap dealer pulls out of Weatherford acquisition and files lawsuit for being told a pack of lies.
Somebody oversold them on our performance and now its payback time Chinese style. Keep your heads down as they look for a scape goat to blame for another managerial f*** up.
I loved my job and the people I worked with, others always complimented my dedication and how I would go the extra mile if and when needed.
None of that mattered when the ax started swinging though. I was one of the first let go last year when this massive layoff - that was only supposed to last though Q2...then Q3 2015, but a year later shows no real end in sight. I went through so many... — read more
Why even bother?
So apparently they let go of three new hires as soon as they walked in the door for their first day. Were they only hired to be fired instead of us? Dont know if there will be more today or not.
Farmington New Mexico
Any news on layoffs
Are Lay-Offs the only way?
Interestingly, this is the easy formula used by management. What about ideas like reduction in salaries?, or furlow?, or integration to eliminate duplications?, or closing business units that have never been profitable?, or a combination of all of... — read more
Best Buys in Oil Stocks: Weatherford International, Halliburton, or Schlumberger?
http://www.nasdaq.com/article/best-buys-in-oil-stocks-weatherford-international-halliburton-or-schlumberger-cm582241
North Dakota oil bust shatters, shifts dreams of Illinois transplants
http://www.chicagotribune.com/news/ct-oil-fracking-boom-bust-met-20160218-story.html
Is there life after Weatherford?
Post about what you have done since leaving Weatherford. Anyone finding it hard to get a job? Have you found better work? Just interested in hearing your stories.
Oil driller cut 25,000 jobs, paid CEO $18 million
http://money.cnn.com/2016/02/19/news/companies/schlumberger-ceo-pay-oil-jobs/index.html
US Oil Rig Count Collapses At Fastest Rate In A Year
http://www.zerohedge.com/news/2016-02-19/us-oil-rig-count-collapses-fastest-rate-year
OPPORTUNITY for Improvement
I remember doing a lengthy research on how to make better three real good ideas and the project manager never even responded---pathetic.
.....
600 more to be laid off soon the reast overseas!
Spencer SRO
Getting started early this morning. 2 drafters let go so far.
Bernard Duroc-Danner
It's too bad that Bernard Duroc-Danner is incapable of running our company. Yes the O&G industry is in the shits, but he has done an excellent job of running WFT into the ground before the drop. I won't be surprised if we fold if oil doesn't rebound... — read more
JFK Houston GPG or whatever there name is...
WFT needs to take a look at the habitants of the 7th floor they have nothing to do. The lazy ass gossips pretend to work but they just pass the buck around until they've got it so screwed up the vendor cuts us off. Someone needs to do a pay scale... — read more
LAYOFFS AT HOUSTON GREENS ROAD NOW
3 being let go just now