Thread regarding Weatherford International Ltd. layoffs

Wonder if the debt level near their equity (D/E of 80%), which is above industry standard has anything to do with current situation

Wonder if the debt level near their equity (D/E of 80%), which is above industry standard has anything to do with current situation. You can only spend, spend, acquire, acquire, for so long. Its not easy to be in upper management in a company, but it always seems (as is the case now) that bad decisions from the top are felt by those on the bottom. The top doesn't feel them very much. Then when they turnaround the bad situation, they are rewarded. Are you kidding me?

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