Houston: layoff before Thanksgiving and X'mas. Anybody knows more about this?
Boost of efficiencies - are there enough left to do the work?
Q3 call talked of efficiencies and reductions to the overall organization and how this will show benefits starting in Q4. Question to current employees, are there enough folks left in the field to address this presumed increase in work that is... — read more
When you get your next job...
...get everything in your salary and vacation time. Don't count on bonuses or stock grants or stock options.
Closed down today at 3.21
3.21 folks, 3.21 , not looking good - uncharted territory ahead. Somebody hold me.
Aberdeen centre to become a soup kitchen
Word is that Weatherford in Aberdeen is to close and become a canteen facility to service all those who work in the vicinity. On the menu, cooked books, bullsht and horsesht served with some humble pie !!!!
More layoffs today?
Anybody knows if we'll get more Weatherford layoffs today? Somebody mentioned Huston was next. Any other locations?
Working at WFT
Who would like to work with this company? How long do you think they need before they collapse ??
Layoffs get out whilst you can
Major layoffs coming . Mainly overseas . Live in expats to be hit hard . Hold your hats this will be harsher than other time
The only thing lower than the stock price
Employees moral
Strathcona
What’s going on at Strathcona? More layoffs?
OneStim JV
What is the latest news ??
Insurance
I was laid off at the first of the month and Weatherford agreed to continue paying the premium on the insurance for my family as part of my severance. Tried to use it today and the insurance company said our policy has been cancelled. Nice.
Labs 4 sale?
It would seem that the lipstick is being put on the pig. Anyone know who the potential buyers are?
Don't fill out the Survey
I don't think it was a coincidence I took a survey about a week before my position was eliminated. This survey was sent to me in an email. I wasn't even going to fill it out but a couple of days later the new CEO sent another email asking again to... — read more
Weatherford Layoffs 2018
Is it true that we might have cuts (layoffs) in Geneva.
How many were let go last week and are more layoffs coming?
When will OneStim start. Will the rehire any of the people that were let go?
No vision at Weatherford
To have an R&D program you need a vision and a plan! There is no vision, beyond survival at this point. There is no plan, beyond every man for himself. This is the fundamental problem with WFT. They have never had a vision beyond acquiring companies... — read more
Kingwood
Is Kingwood closing?
Years of promoting Ops...
Years of promoting Operations folks and neglecting the R&D folks has gotten you into quite a cluster. Where do you work if you are not intelligent enough or disciplined enough to work in R&D? I will give you one guess.
Spencer Road
Closing the doors!
District Managers on the chopping block
I heard DMs were being axed in Texas.
Middle East
Here go all management in Middle East have heard they all get let go. Most expats is word
Weatherford will be sold in parts
Folks, no one is going to buy the entire thing - this thing is going to be broken into parts and sold. Completions is already supposed to go to the Schlumberger JV. As they have no deepwater play that has much market share the land (shale plays) is... — read more
See anything here that seems applicable
https://www.inc.com/jayson-demers/is-your-employer-going-under-here-s-how-to-tell.html
Change in the ORG STRUCTURE - PLAN for Company Sale
With the recent changes, its is evident that the company is getting ready to be sold to a potential buyer, such as Halliburton. Clean-up boyzzzz!!!
WHR Manufacturing
Where did fat boy go after he left. I miss his leadership and wish he was still at Hardy.
If you have no skills but high pay, you are next.
If you can't do mechanical drawing or design electronics or write software or have some other hard skill other than being a high paid manager, good luck to you. And I mean a serious skill, not dabbling or doing sh!t in your mind.
Hiring new people at twice what we make
Why are they hiring the competition's people at twice what they are paying our own staff. We've worked hard with no pay raises last few years, sacrificing for the company only to have them bring on new hands at twice our pay. This, so much this... — read more
Sentinel Energy Services - New kid with blank check, might we see them pick up the pieces?
See that Krishna has resurfaced and is joined by Andrew heading up Sentinel. With a blank check and a good knowledge of what was working and more importantly what was not in Weatherford, might we see some of the pieces get picked up? Presuming that... — read more
Weatherford is preparing for a takeover
Weatherford is getting business in order and getting rid of assets so that it is ready for a clean takeover in 12 to 18 months, if you cannot see that happening you must be blind. The amount of change that is happening all points in one direction. I... — read more
Need true leaders
I don't have a problem with any CxOs taking multi million dollar packages and outsized bonuses. I HAVE a BIG Problem with them carrying an option to layoff people as an option in the face of difficult times for organization. No one, absolutely no... — read more
Glad I left
So glad I left WFT. This is where the haters say good ridance.... Nothing bad to say about the company. They treated me well early on. Just don't like who they become. I couldn't play along. No hard feelings on my part.
Q3 coming to a close - what do we expect
With Q3 coming to a close will they survive much longer? Have not heard any new news on the OneStim closing, however we know they are going to be hit with a 30M charge this month to close out the SEC fine from the tax issues (resolved this time last... — read more
too much
Some berson really look into the Oman Operations. It is phamaly businez these guys are having. From Top to bottom is Egyptian. All family pepol are in all positions. So many persons are fired from other countries and they come to Oman and are given... — read more
No more work
So they are telling us we can not take anymore work and be lucky we can drill the ones we have. Are you kidding me.