is vernal frac location for weatherford closed?

Just read the last few posts on here, if this is not an indication of Weatherfords future I don't know what is. This is how Weatherford employees behave. Unprofessional !! Past and present employees, doesn't matter. They are or once were employed by... — read more 

http://oilpro.com/post/12454/weatherford-ceo-bernard-duroc-danner-calls-bottom-miserable-north?utm_campaign=newsletter412&utm_source=dailyNewsletter&utm_medium=email

I work at KINGWOOD and people there know exactly who I am talking about.

It was the KINGWOOD location where they made this threat. Apparently They didn't like the things that were posted about them 2 weeks ago. Look at the post "KINGWOOD WORTHLESS MANAGERS". So those posts were discussed in their manager meeting. One... — read more 

LOOK AT POST "DID"--- someone has stated that "Weatherford" has threatened employees, saying they would be fired for posting on this site. Apparently a meeting was held in reference to this site and posting on it. HOW IS THIS POSSIBLE? f you are on... — read more 

Where do you guys see Weatherford five years from now? Is the company going to be different? Is the market going to be different? How?

So those of you that work at houma mfg are fearing another layoff is imminent...you should. You have already been through 2 rounds of layoffs (about 150), hours pretty much restricted to 40 and difficulty buying any and everything needed for daily... — read more 

http://www.valuewalk.com/2015/04/fracking-industry-weatherford-wft/

This guy Bernard Duroc has destroyed your company due to his incompetence but he doesn't even have the decency to resign!

http://www.chron.com/business/article/Weatherford-plans-layoffs-when-Pearland-plant-1705673.php

Did Weatherford block this site from their computers? Or are people to scared to voice their opinions for fear of being fired? Don't see to many comments on here concerning the recent report. Or is everyone in some sort of shock? Or denial? Weird.

Three MANUFACTURING facilities closed by end of Q2 and 1 more MANUFACTURING facility closed after that and 60 facilities also being closed. ALL right here at home.. USA!!!! So again I ask the same question, Do you think your job is safe? HELL NO IT'S... — read more 

Since the start of Q2 Weatherford replaced the permanent layoff plus severance pay with 59 days temporary layoff and returning at the 60th day for a surprise. Since oilfield is always slow in Canadian spring/summer even if the oil price above $100... — read more 

During the conference call It was reported the 35 million was used for severance packages. Do the math. 6449 laid off. Some with many many years under their belt so you know their buyouts were... Well... Again... Do the math. Infuriating.

The company said that it is raising its reduction-in-force total by 2,000 to a total of 10,000. As of the end of the first quarter, Weatherford had fired 6,449 employees and reckoned that it had achieved realized annualized savings of $422 million.

I'm trying to listen to the playback but it says it's not yet available

Well, either they are revamping the site to add the 2,000 more cuts, or they decided to stop giving everyone a heads up before the walk of shame.

"We have now increased our 2015 reduction in force exercise to target 10,000 positions, in place of the previously announced 8,000, with the bulk of the increase coming in North America. " "We had also planned to shut down seven of our manufacturing... — read more 

Check Investor Relations for more details, and to see how many more layoffs are coming.

Updated with April.

Just heard another big UK layoff is coming up in May/June with the possibilities of plant closures any truth in this rumour?

Separately, TheStreet Ratings team rates WEATHERFORD INTL PLC as a Sell with a ratings score of D+. TheStreet Ratings Team has this to say about their recommendation: "We rate WEATHERFORD INTL PLC (WFT) a SELL. This is driven by multiple weaknesses... — read more 

This could confirm that WFTs latest presentation showing a 40k headcount by year end was correct. We will know more next Thursday when Q1 results are due.

Wadda people think about the work sharing at PCP?

Wadda people think about the work sharing at PCP?

Okay Ampscot layoffs 114 Fabrication employees to take the work to Katy Texas. What I don't understand is weatherford would sooner double the cost of transportation to a site aka( assembled gear-train on one truck to customer and then send from Katy... — read more 

Weatherford has scheduled a conference call for Thursday, April 23, 2015 at 8:30 a.m. ET. The purpose of the conference call is to discuss results for the Company's first quarter ended March 31, 2015. The call will be open to the public. To access... — read more 

My husband was laid off by Weatherford two months ago after 5 years. When he tried to apply for unemployment he was denied. He contacted Weatherford since he was told that the company would not contest unemployment claim. How could they do this to... — read more 

My cousin was laid off two weeks ago from SRO she was a drafter. She said that engineers were also put on a chopping block as well as assembly guys. Is it true? I am in Denmark and I am worried for her.

Poor Weatherford, poor managers. I wonder whether Weatherford will have management's back, f***, they didn't have ours.

Enough said... Hi there management..hehehe... That'd be some funny shit right thar...

In my opinion, Weatherford will go up for sale in July. Reason I believe this is the govt monitor goes away in June. There are too many irregularities in what executive management says and does right now, even more than the usual. CEO told a large... — read more 

If layoff continues, With management positions, It is this employees recommendation to let X- Manager reduced to consultant of branch 10538. Ron Biddle has held this branch hostage. He has threaten to tear apart the business if they don't hire his... — read more 

I find this intriguing. There have been several posts on here concerning the future of some facilities here in the US. HUNDREDS of people look at these posts and only a handful reply to them. The replies are typically as such: "shut up you don't know... — read more 

SAN DIEGO, April 6, 2015 /PRNewswire/ -- Shareholder law firm Robbins Arroyo LLP reports that the Honorable Lewis A. Kaplan of the Unites States District Court for the Southern District of New York, presiding over the shareholder derivative action... — read more