Thread regarding Weatherford International Ltd. layoffs

From the February 22nd Credit Suisse presentation: 8000 layoffs planned in 2015, 2435 completed so far

From: http://www.weatherford.com/cs/Satellite?blobcol=urldata&blobheader=application%2Fpdf&blobkey=id&blobtable=MungoBlobs&blobwhere=1413870603477&ssbinary=true

2014: 6283 positions eliminated

2015: 8000 planned, 2453 eliminated so far

2014: 64 locations closed

2015: 7 manufacturing plants slated to close, plus consolidation of others

Not sure how current those numbers are, but obviously more are coming...

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| 675 views | | 3 replies (last March 18, 2015) | Reply
Post ID: @OP+AyvU3Tb

3 replies (most recent on top)

more that that already

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Post ID: @1385+AyvU3Tb

It says February 22nd...

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Post ID: @UZj+AyvU3Tb

Thats probably a bit old since they did some major layoffs this month.

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Post ID: @zEk+AyvU3Tb

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