Here comes Larry the Liquidator, finally it’s going to end. Thank goodness.
What would you consider a fair severance package?
I'm not asking about what we are getting but what you'd consider was fair for your years of service. Would it be a week per year, a month per year, or something in between?
Aberdeen fishing?
Has anyone from fishing been let go? Put David Murray in charge of a dept with no previous experience. The boy is an absolute clown with no knowledge at all, but hey his dads rich! If Weatherford survives he is going to ruin our fishing dept — read more
Are we better off with Mark gone?
Who is going to replace him? From my many years at this place, a change on the top has never brought any improvements - on the contrary. I don't see why this time would be any different. Although, I'm not even sure how we can do much worse... — read more
Weatherford CEO exits as struggling company faces 'Chapter 22 bankruptcy
Another Bankruptcy in a year? Will this be a yearly thing or is this the nail in the coffin. Use your spare time to hunt if your still left behind... — read more
CEO steps down - escapes BJ investigation
CEO steps down - escapes BJ investigation
HR has layoffs? Its about time!
Rumour has it the Corporate HR Director was released. It's about time HR employees fell on the sword. This person was rough and condescending to everyone. Wonder how it feels when the shoe is on the other foot.
The Storm Clouds are appearing and the natives are getting restless
https://seekingalpha.com/news/3579883-weatherford-directors-to-be-opposed-d-e-shaw?utm_medium=email&utm_source=seeking_alpha&mail_subject=wftlf-weatherford-directors-to-be-opposed-by-d-e-shaw&utm_campaign=rta-stock-news&utm_content=link-3
Has anyone heard?
Are we getting rid of ISDT?? I've seen unusual activity and different people in St James - understand they're 2 companies looking to buy us. WIS and NOV WIS are currently looking at many of our International locations. They needs to depart many SLB... — read more
Will we upgrade the current SLB management rejects with the latest SLB rejects?
We got them last time SLB reorganised and were laid off - Drilling, evaluation and Intervention is full of them. Would it be a good opportunity to upgrade the rejects that were hired in 2016 with new longer lasting SLB rejects ?
Mfg accounting
Where there any layoffs in Mfg accounting lately?
West Hardy Location Virus
Is it true?
Ethnic nepotism in ALS
Watch out the VP of ALS is surgically ripping apart the core of a once great ALS segment and empowering his useless buddies/ minions. Again another example of people put into position when they are not ready to lead. The blind leading the blind... — read more
How many have been laid off so far?
Since the whole coronavirus thing stated?
Weatherford gone within 12 months
Per the newly released 10-Q: In response, we quickly increased and accelerated our workforce reduction plan, reduced certain management and employee pay, reduced other operating costs, and initiated further consolidation of our operations... — read more
Drilling services shut down in the Permian
WFT has pulled all of its assets/ shut down its office and layoff all of its field personnel (4 hands left) in the midland district. Sales managers are sending letters to operators stating that WFT will not take more work until further notice... — read more
Weatherford Announces First Quarter 2020 Results
Not looking too good, is it?? On a GAAP basis, revenues for the first quarter of 2020 were $1.2 billion, a decline of 2% sequentially and 10% year-on-year. Reported operating loss was $822 million in the first quarter of 2020 compared to a combined... — read more
RIF'ed Today
I was RIF'ed today and wanted to let people know that your accrued vacation time will not be paid out to you UNLESS you live in these state: AK, CA, IL, LA, ND, MD, CO & WY. I was surprised by this and lost a few days. TAKE YOUR VACATION on a... — read more
WFT Directional
Get rid of your motors and you might have a decent business.
More Layoffs coming second week of May!!!
Heard second round of layoffs are coming second week of May. Has anyone else heard anything or is that just a rumor in the Permian Basin area of the G.O.A.T state Texas?
Closing down MPD
WFT to close down MPD and sell remaining assets to NOV. Shame, one of the best product lines.
Huntsville Facility
Who's left after the cuts on Thursday?
Aberdeen
Scottish workers will only be exempt if you love your line manager ie being a crawler unfortunately as nobody is good you will all suffer especially divisions involved with drilling Severance package will be poor as we have little funds sorry but... — read more
WTI oil plunged 305% to -$36.73 a barrel
What's next for WFT? Let me guess.
Bad
Got the call last week from weatherford, I live in Colombia so things are just as bad as everywhere else, it seemed to be such a pretty year back in January
Severance
With potentially 6K layoffs ahead of us, does anyone know what our severance package looks like nowadays if any? Please?
Does anyone know where I can order business cards
Does anyone have the link where I can order business cards, I just got a promotion at Weatherford.
Houston-based Weatherford International laying off 6,000 workers
HOUSTON, Texas (KTRK) – Weatherford International, a Houston-based oil and gas service company, says it plans on cutting 6,000 employees due to the current oil market. The company said that's 25 percent of all of its employees. About 24,000... — read more
Weatherford corod
Any updates here? Good luck all.
Offering DD/MLWD Contract rather than lay-off.
What’s the point of putting us on contract when there is going to be no work.