For those who are employable elsewhere, is it worth staying with Weatherford? Are you looking at abandoning ship?

Another round of layoffs are happening right now and expected to go through the week.

Everywhere you look were hiring more SLUM and letting more WFD people go. When will it stop? Rumors of more layoffs still on going!! Good luck all.

Anyone else get their money yet,sure is quiet replies!

http://www.bizjournals.com/houston/news/2016/12/16/weatherford-promotes-execs-following-departures.html

Southern CA won't be happy

With even having the Hallmark channel 24/7 it is very hard to get into the Christmas Spirit this season.

Is the downturn over in Bako? Weatherford giving out free ot now? Bonuses? How about sleeping in your offices?

None of what is happening is new to the industry but maybe for you it is.

Due to a radical shift in world events, Weatherford headquarters, with all current management, will be relocated from Houston to Hell as soon as possible. Furthermore, all future debt payments and obligations will still be due on the scheduled... — read more 

Deep cuts! 11 yesterday and many more these next few wks. Waiting for people to get back from vacation to cut.

Which location? How many laid off? How many before the layoff? What types of positions were cut? Got a family to support, and would like real information.

We are laying more people off but we can create VP role's.

http://seekingalpha.com/article/4029100-weatherford-succumbs-halliburtons-twa-treatment-exits-fracking

I hear there have been layoffs at Kingwood ? Any ideas of the numbers that have gone from there ?

Over 10 people were let go today at west hardy. All of them hard working. Rumors are that WFT is to layoff 3000 employees by end of the year

Just heard that Red Deer Thru Tubing is doing some layoffs today. Just happened to be talking to the guys there. Probably more elsewhere too.

Is it true that Davy Davidson was let go late last week?

http://seekingalpha.com/article/4025042-weatherford-insolvent-4-billion

Hard working ppl. They should have gotten rid of the lazy useless project managers they do all the work for since they are inept.

There will be layoffs in the Permian Basin this week.

Wow! Just heard that they finally got rid of the incompetent bastards who ran WHR into the dirt. That's what they get for the crap they pulled

If WFT owes you any outstanding field bonus get it ASAP!!! A month from now it will be a different story. Execs are freeing up cash to set up their buyout packages. This is the reason that middle management has been told to cut operating costs by any... — read more 

It will always occur to me that what would happen if our domestic customers understood our accounting and just how badly wft ripped them off. I spent much time with customers getting his invoice correct and HONEST. Just wondering.

Hirings at SJP today

Layoffs at SJP today