Thread regarding Weatherford International Ltd. layoffs

All signs point to WFT being sold. Don't you see them trying to put lipstick on a pig?

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| 1741 views | | 5 replies (last August 19, 2016) | Reply
Post ID: @OP+IXGtDng

5 replies (most recent on top)

I got change, or i can put my 20 with yours and be partners...lol

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Post ID: @hwa+IXGtDng

I'll buy it. Do you have change for a twenty.

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Post ID: @noq+IXGtDng

No one is interested in WFT because of the inordinate amount of debt it carries. Bankruptcy appears to be the only viable option.

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Post ID: @ofu+IXGtDng

No one would touch it with the debt it has. Asset sale only at bankruptcy.

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Post ID: @meg+IXGtDng

VPs canned, replaced with Directors. Directors canned, replaced with Managers. Reporting structures neatly arranged so everyone fits in a box. All buildings labeled Weatherford. Any evidence of individuality removed. Radar card stations everywhere. All projects 'appear' to be organized through Project Central. Tell-tale signs of trying to attract a buyer. But what about that massive debt?

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Post ID: @tpx+IXGtDng

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