Since the start of the year it looks like about a 1000 people are gone.
Broussard hub
What is happening over there? Anyone has more info? I hear that there might be layoffs at Broussard as well.
Layoffs in Louisiana
Just got laid off this morning. Severance package is two weeks pay and benefits until the end of march.
BLACK DEATH MONDAY!
MONDAY is D----day so perpare yourself.....it is coming and have a very reliable source, next week is BLACK DEATH, all week long....so, don't be surprised.. GOOD LUCK to all!!
Severance Package
I am just curious to know if anybody knows the quantum of severance being offered this time around for EXEMPT positions. The last time this happened in 2009, it was 1 week salary X number of years of service at WFT subject to a cap of 9 weeks.
Management on the cutting board?
Are managers being let go too? Pretty dumb to just cut workers. Weatherford has toooo many layers, managers. You can't cut all the workers. Most managers don't know to to do the job for the dept they're over.
Severance Pay and Termination Day
Those will be getting Weatherford severance pay must stay until their termination date. Otherwise they will give up their severance. Is making employees follow this legal? I think some employees are not waiting until their termination date to get... — read more
Confirmed Layoffs in Fort Worth Plant
Confirmed layoffs in Fort Worth on Friday..Weatherford has decided to lay off most or all of their inventory management team in their Fort Worth manufacturing plant. What a joke..how can you expect to sell any inventory and free up some cash if you... — read more
Early retirement packages starting Monday
starting Monday WFT will be sending out letters (email or written if no WFT email) to those that qualify. The package is quite good compared to other companies packages. If you receive one, I'd suggested you evaluate carefully for your decision... — read more
Early retirement packages starting Monday
starting Monday WFT will be sending out letters (email or written if no WFT email) to those that qualify. The package is quite good compared to other companies packages. If you receive one, I'd suggested you evaluate carefully for your decision... — read more
St James Layoffs 2015
St James has been letting people go since 2 wks ago. Apparently they're going through each department/product line. How many total so far at St James? Anyone know?
KW next?
Rumor at KW is Monday is D-day. I have seen some signs that I can't elaborate on that show this may be true.
Layoffs?? and Poor Management
The GM made everyone that has a PCard turn them in. The word is no purchases for at least 2 weeks. High level permission needed to spend as little as a cent for everyday supplies, material, etc! I don't know how we're supposed to get work done... — read more
Lay offs in st james place
On thursday 01/29 my department was reduced to a couple of employees. I was called over and told my job function was redundant and eliminated effective immediately. Was walked to the HR department signed paperwork and the lady told me they had more... — read more
Houston Texas
It is confirmed massive layoffs will start next week in Houston.
Petroleum consulting layoffs
Do you know if Petroleum consulting is affected, I left on my own in 2010 and I am just curious here. I wish you all the best here, it's not easy. I made a decision to change industries and it's a bit more stable than in O&G but still there many... — read more
Why aren't they announcing anything. All the other major companies are We work for weasels and managers that couldn't run a sno cone stand.
We work for cowards. Half the managers don't even know the equipment and damn sure don't know how to talk to their employees. The only way they got their was by kissing ass or have a friend.
Confirmed
It has been confirmed layoff have started in Bakersfield California
The health insurance cycle is through this Saturday. An employee terminated prior to Saturday will not incur another monthly cost.
I've seen 20 plus terminated in the last 3 days. If it costs WFT a $1000 in benefits to keep you for another month, timing makes sense. This is the 1st round. Don't spend time bitching, rather go persue gainful employment . Don't ask for my area or... — read more
Houston
http://abc13.com/news/schlumberger-workers-evacuated-due-to-bomb-threat/496317/
PLEASE do not post if you're not willing to elaborate
Saying things like "It's begun in Houston" without further information is useless. It's a disservice to everyone. Please give details or do not post. Thank you!
It's begun
It's begun in Houston.
Curious
Any news about Odessa stores that is going to happen
In Houston
If these up coming layoffs are 50% it will be because Weatherford has sold all interest in the company. Everyone will find out whats going to happen soon enough. I'm sure everyone is tired of the rumors and speculation. We all know 100% that layoffs... — read more
50% reduction
I heard 50% reduction as well from a manager. It makes sense if the comparison between WFT and schlumberger are true.
WFT Layoffs will happen in 2015
WFT cut last year because it simply had too large of a headcount for the revenue compared to the industry. WFT WILL cut 10-20% due to the current state of the market. Yes it will have an adverse impact because WFT is very inefficient as is and hid... — read more
Layoffs in Canada
Anyone heard anything regarding layoffs in Canada? Everyone in the shop is getting quite nervous.
Weatherford Cut Prediction: 10-20%
Most employees will have read Bernards memo to company employees by now. If you havent he uses words like: lean, reduce, flatten, on a regular basis. Based on his wording, Weatherford will at least make an attempt to reduce the exorbitant number of... — read more
Over %10
I am hearing the layoffs are going to be devastating. Word around the office is that it will be over %10
Know your rights tired of the lies and ruined lives.
The Worker Adjustment and Retraining Notification Act (WARN Act) is a United States labor law which protects employees, their families, and communities by requiring most employers with 100 or more employees to provide 60 calendar-day advance... — read more
Supposedly laying off contractors really laying off full time employees
Management sent out a memo a couple weeks ago saying they would be reducing the amount of contractors in IT but we all know that is not going to happen. They would rather pay indian contractors $200 an hour along with their hotel bills and flights... — read more
Day of reckoning tomorrow
It seems as though tomorrow Friday Jan 23 will begin the Weatherford layoffs. Watch for more security personnel tomorrow morning.
The waiting game
Does anyone else hate the waiting game Weatherford is playing with us. Everyone knows layoffs are coming but yet we dont know how many or when.
Alice Frac Layoffs
http://www.kristv.com/news/former-weatherford-employee-says-over-100-workers-laid-off-and-more-to-come/
The end of this Week or next
Word around the office is that we will finally get conformation on layoffs by the end of this week or next. One thing is for sure you if you see a lot of security this week or next its a pretty good sign people are getting walked out.
Its only a matter of time
With Weatherford freezing employees from selling their Weatherford stock until March there is major changes in the works.
"Weathering" the Storm
Its time already for the Weatherford layoof numbers to come out. Employee morale is extremely low right now.
2015 layoff checklist
I was unlucky enough to overhear a conversation between two managers. It seems that Weatherford will be looking into political affiliations of their employees. If you are known to position yourself with the democratic party (The party of our present... — read more
What's our number?
Today in the Houston Chronicle, Baker to cut 7000 jobs. When will Weatherford announce their number?