http://seekingalpha.com/article/3956152-based-liquidation-value-weatherford-insolvent
Disturbing email from a Houston CEO sent to soon to be laid off employees.
http://www.zerohedge.com/news/2016-03-04/its-depression-disturbing-email-houston-ceo-sent-his-soon-be-laid-employees
Hiring here
Hiring has been going on at my location. My concern it that it's to replace the more experienced workers. WFT is total BS.
Three indians gone in Denver... no chiefs...
WTF laid off three good employees in Denver recently with probably more to come soon. Still just rearranging the deck chairs on the Titantic.
New Hires at SJC?
Are they still hiring? Last couple of days there's been a new French douchebag walking around in a cheap suit. Probably an H1B.
Frustrated
I was a loyal and dedicated employee for 15 yrs, had no life and missed out on my kids childhood just to make sure the jobs got done, and they laid me off in June 2015, but they kept the manager who had been caught with alcohol in his company vehicle... — read more
life isn't so bad
A man had just been laid off from work. He was standing on the railing of a high bridge getting read to jump off, when he happened to look down and see a little man with no arms dancing all around on the river bank below. He thought to himself, "Life... — read more
worked for weatherford for 10 years
Bringing in work visa ass holes to replace American workers so they can get tax credit shut my whole shop down in Oct 15 and are catching the work with foreigners worked for weatherford for 10 years had no family life on call 24 hours a day 12 days... — read more
Weatherford in Odessa Texas
I want everyone to know how dirty Weatherford is they have got this one Mexcan named Ben and he is a spineless sack of shit and I hope that one day I will see him outside of them gates I'm going to beat the shit out of him
What's going on in Kingwood?
Used to work there. Heard they are closing foen. Just curious. Thanks.
Wft Katy als division
Just laid off 26 all departments. Not me but still sad none the less
Wichita ct
Everytime i post about wichita ct the post disappears. Why is this happening? I have the right to speak about all the molestation that goes on (2nd only to the Catholic Church) Im really puzzled by this. Do they have access to something we dont
LAY OFF IN PA
LAY OFF IN PA....LET GO LOTS OF FEILD HANDS IN THE PAST FEW WEEKS AND WE ONLY HAD 4 GUYS ON THE R &M SIDE AND LET 2 OF US GO TODAY....3RD TIME I BEEN LET GO FROM WEATHERFORD!!
WFT Layoff Announcement to be distributed Monday March 7th 2016
Good luck to all
OK for now
We alright right for now now - laid a few more off about 3 weeks ago. We paper thin now!
Say It's Not So
Rumour is that Weatherford just laid off the best safety leader it's had (MM). Any truth?
Favoritism in California
Hey are Beau and Bret Eberhard brothers still being protected by daddy Edward Eberhard? How many more heads have rolled just to keep these spoiled brats employed at weatherford?? I guess that in this big coporation it's who you know not what you... — read more
you give blood sweet and tears to this bull shit company for 13 years what do they do give you a 59 day lay off so they dont have to give you a
pay out bull you think yep bull a hole truck load now they have more maneagement then employees lets see those guys put your G dam parts together you would think they would want to look after there best people not let them go yes i under stand the... — read more
What Does Weatherford International’s Share Price Movement Say?
http://marketrealist.com/2016/03/weatherfords-management-views-f4q15-earnings/?source=nasdaq
WFT posts $80M share offering!
To pay off long term debt. Sounds like the bankers do not want to renew at a favorable rate. Probably did not believe Bernie's comment about the no impairment to Good Will. He said it twice on the conference call which is always a reason for a... — read more
Are supervisors still sleeping in their offices or are they actually out helping now?
I'd assume they'd pick up the slack of the layed off workers or at least try to look Like they do something productive with all the cutbacks
Best spots to take a shit at your location...
I'll start with SJP - Houston obviously the toilets on the bottom floor near the gym. PEACE and Quiet and nobody bothers you down there. toilets near the bakken conference room. the only people that bother you are the Luby's workers who know this... — read more
More for Midland/Odessa
Weatherford is being hit hard in the stock market. High debt and low return causing even lower market price for WFT. Last QTR of 2015 was a BUY. Now investors are bailing out to get what they can get. I don't see WFT going back to the 9.00 HOLD... — read more
It's March first..... No closings?
What happened to march first being the day they announced the 9 plant closings?? More BS I suppose
IT Searching for Non-Work Related Computer Activity
I just got word that WFT management has instructed IT to actively search for non-work related computer activity. Disciplinary action is being sought to increase the termination of employment so they don't have to pay unemployment benefits.
Dayum
Getting hit hard in witchita ct today. At least 6. See ya brotha's.
What packages are giving to the laid off hands.
with 5, 10 and 15 years with the company? What can I expect should it happen to me. I have 12 years
Will the company hire the DMV to help Bernard tru to park his POS jag correctly at SJP?
the dude still can't even park in between the even after they expanded his spot by nearly double the size. he likely got his 2015 bonus for the one day that he did park correctly.
One Weatherford! One location, One Operator, One Manager, One Admin, One state! That's what this narrows down too!
Good luck, may the odds be forever in your favour as you knock each other out of the field and grow resentment for the future of your livelyhood which ends up casting future management positions in the next oil bust 20 years from now!!!! Ahhh so... — read more
Weatherford downgraded to triple junk status yesterday
The worlds worst performing oilfield company just got hit again with another downgrade to triple junk. Its the only company in the oilfield ever to receive this accolade. Well done team - we are truly a bombed out piece of crap company that aint... — read more
H1B's
How many of these were let go? Click on "job title" to see how much less Wft is paying them as compared to "average salary". http://www.visasquare.com/visa-greencard/salary/weatherford-international-400787.html
$10 Oil Will Trigger Economic Collapse, Warns Economist
http://thesovereigninvestor.com/exclusives/10-oil-in-2016-u-s-economy-doomed/?z=463472
Halliburton Cuts 5,000 Jobs, 8% Of Workforce... If Halliburton is doing that bad does Weatherford still have a pulse?
http://www.zerohedge.com/news/2016-02-25/halliburton-cuts-5000-jobs-8-workforce
Layoffs happening at SJP today
I can confirm because I am one of laid-off. If you're still working at WFT, what are you waiting for? The grass IS greener on the other side, while on WFT's side, the grass is dead or is dying a fast death. Get out while you can. The company will not... — read more