WFTIQ stock is looking good 28$
Furlough
What are your thoughts for furlough this year? Think it’ll happen?
Changes in recruitment
What’s going on in recruitment? I know we aren’t hiring now but I heard Kelly Services is pulling out?!? Out with the old and in with ....... Times are a changing since Jason stepped in.
Katy TX location
Any one know what's going to happen to the Katy TX location office people keep getting layoff. Night and day manufacturing managers ran out in November. Night shift got moved to days all the older employees are putting their two weeks in.HR keeps... — read more
The good ol boy system still happening in Huntsville?
Someone let the cat out the bag!
Packages?
Does anybody know what the packages look like? I just want to know what to expect when I get my notice. It’s just a matter of time
Executive Leadership RIF and others
Those big guns were part of Weatherford’s RIF today. None of them were seeking to pursue other endeavors. God Bless everyone who took it on the chin today.
wireline US
Is it true wireline US has closed?
The vultures are circling
So what gets sold first? Nothing could be divested during chapter 11 but now the banks can and will want whatever cent they can get on the debt they converted.
Moving foward
Lets not make the same mistakes again. Now that we are out of bankruptcy let's not cut corners just to meet out numbers for the month. Let's follow the process. We will provide our customers a quality product that meets our customer requirements... — read more
PCP canada
What is happening? Long time without a post. Any news or rumours?
BIRDS AND LAKES
I remember many times with my manager watching birds and looking at Lakes all day long and topping off the day with a free meal in the safety department—-not kidding. I was shocked at earlier audits which happened before I came on board which... — read more
Halfords to buy Weatherford Aberdeen
Hearing that they will be following the same model as the Oman transaction.
Layoffs
The hammer is going down once again.....more added to the list. A few hundred more
Shaleem buys Weatherford - Oman
Oman's Shaleem Petroleum Company has signed an agreement to acquire Weatherford International - Oman. This included the relocation of all business and equipment of the company and its staff of more than 300 Omani employees, said a Oman News Agency... — read more
The piecemeal breakup of WFT begins!
http://tradearabia.com/touch/article/OGN/361101
Wireline in Canada - 13 weeks game over
They r waiting to collect the winter $$$
Halliburton
Hasn't anyone noticed that the entire management team is now Halliburton. There will not be a Weatherford in 1 yr. The bad product lines will be sold off to unsuspecting fools. Halliburton will buy the good stuff. CEO, COO, CFO, West Hemisphere... — read more
Canada Wireline Ramping up and hiring 350 more
The Tru North
Bakersfield
What's going on in Bakersfield it seems like they are scrambling all the time
Trim VPs, Layers at the top
Too many Chiefs....
Weatherford Layoffs 2020
If the market makes a turn soon, do you think there will be Weatherford Layoffs 2020? Any news or rumors?
Severance Pay Awareness
Please be aware that company is going around and laying people of with out cause and making then sign paper saying that they will receive there pay as labour standards time frame. Which is not happening it’s been over ten days where employees were... — read more
McKinsey & Company here to help.
There seems to be a lot of noise around McKinsey and their business practices. If they are supposed to assist companies going bankrupt, they seem to be creating a lot of noise. Makes you... — read more
Will I have a job at Christmas?
So after a $800M loss in Q3. What happens next? Can they file chapter 11 twice? How can a company lose money for 19 straight quarters and still management get bonus and retention. Is that even legal under chapter 11?
No need to worry the executives will still receive their bonuses in cash. Xmas is not cancelled. At least for some.
No need to worry the executives will still receive their bonuses in cash. Thus we will not lose our extremely competent and accountable leadership. It's time for a victory lap gents. You have succeeded in a sense. Nobody else gets bonuses for turning... — read more
How is This company still in business?
Monkeys can do better!!! https://m.chron.com/business/energy/articleComments/Weatherford-posts-821-million-loss-during-third-14576414.php
.......?......
Pretty quite in here..... seems like finally people realizing and moving on. That’s great news.
Aberdeen Important announcement
Anyone know what the cancelled important announcement was going to be about?
This is a joke
It gets more and more toxic at my location. It has become a joke, the obstacles we go through to make wft successful! But the good part about it, is we do want we want and take long lunches cause its easier to do nothing than jump through hoops to do... — read more
Canada on life-support
When are they going to close the doors in Canada Drilling Services? top-heavy and expensive. no work. slow tools. BD non-existent. dinosaurs in the office...what are they offering?