Thread regarding Weatherford International Ltd. layoffs

How much did we REALLY lose?

No annual pay raise (inflation adjustment), no bonuses, 10% pay cut, no more 401k contribution matching... we lost way more than 10%. More like 20%.

Meanwhile BJDD who made almost $15M in 2014 brags about giving himself a 10% cut.

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| 1431 views | | 4 replies (last March 17, 2016) | Reply
Post ID: @OP+GsGQ95Q

4 replies (most recent on top)

I lost 25% pay as well as the other cuts mentioned some I work with took more than that. Sure hope the management enjoys their family vacation while the rest of us look for ways to survive.

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Post ID: @pzl+GsGQ95Q

The castle he and his mother live in isn't going to pay for itself. Gee whiz...have some compassion dude!

(sarcasm off) That all sucks and I'm sorry for everyone still dealing with this mess.

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Post ID: @tpb+GsGQ95Q

We could save millions if the execs didn't take any bonuses this year. The metrics behind their bonus schemes are ridiculous, freeing up cash flow is a metric, ok so I fire everyone, close down locations, sell off real estate and equipment, and then pat myself on the back on a job well done and pay myself a large bonus. Can't wait to see the 2015 proxy....

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Post ID: @wcy+GsGQ95Q

Bitch bitch bitch

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Post ID: @glq+GsGQ95Q

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