Topics regarding layoffs at Weatherford International Ltd.

Topics regarding layoffs at Weatherford International Ltd.

Larry the Liquidator

Here comes Larry the Liquidator, finally it’s going to end. Thank goodness.

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| 2670 views | | 10 replies (last June 20, 2020)
Post ID: @OP+15puxXk6

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 

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.

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| 3210 views | | 11 replies (last June 10, 2020)
Post ID: @OP+15kiGZPy

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 

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 

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 

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| 2420 views | | 9 replies (last May 13, 2020)
Post ID: @OP+14UJLBro

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.

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 

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?

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