Weatherford International reports $60 million loss in 3Q November 5, 2020 . There was rumor on here that WFT is pulling out of North America. Weatherford International is one of the largest multinational oil and gas service companies. Weatherford International Ltd.
When will WCT + completion (with corrupt vps) be sold? Who would buy Wft? Temporary pay reductions of 20 percent for management and to the Board of Directors' annual cash retainer. Seeking Alpha: Weatherford International: The Little Engine That Could.
Any guesses how much we will have lost this time? There's a town hall happening next week at Huntsville... will they shut down completely? they should wear name tags on shirts. Furloughs and pay reductions for remaining employees in the U.S. and select international locations.
Copyright © 2020 KTRK-TV. What else can we sell them? There was rumor on here about the Katy plant closing.
— Two facilities were closed in the first quarter with four expected to be closed in the second quarter and one in the third quarter, Weatherford said. HOUSTON, Texas (KTRK) -- Weatherford International, a Houston-based oil and gas service company, says it plans on cutting 6,000 employees due to the current oil market. Just you wait and see.
HOUSTON, Dec. 13, 2019 /PRNewswire/ -- Weatherford International plc today announced that it has completed its financial restructuring and emerged from chapter 11 … Enjoy them. Bondholders who bailed the company out last year and provided more money will not do it again. City could look much different after I-45 moves, CDC updates mask guidance, adding benefits for wearers, Teen killed in US-59 crash after cabin of pickup collapsed, Texas EquuSearch looking for missing veteran, Trump to make 1st public appearance since election called for Biden, Texas fast food chain releases holiday sweater for sale, Another Houston grocery store to close its doors, Wilson, George talk big 'Grey's,' 'Station 19' crossover event, Lawmakers pushing for legalization of marijuana in Texas. Yep one day among many we drove and drove and drove burning gas and had a free lunch.
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Brilliant decision to sell fracking to SLB. — Looks like rumours will happen w.r.t. Do you think we will still get our bonuses before the company goes under?
Unless you’re a part of the cowboy hat, big belt buckle, know nothing, bad decision making good old boy club.
$$$$$$$$$$. I simply cannot see beyond Q3 without some major intervention or restructure. just got out of a big meeting. read more. Two of the supposedly baddest machinists in the... MENA losing and asia is a distaster and also africa major major issues long standing for a long time Haters gonna hate, but WFT raising stronger! read more, Weatherford in Scott is a dead horse management is a bunch of overpaid waisted paychecks.... it takes more energy to print these peoples checks than they actually do in the two weeks waiting for them. Weatherford International Wft Layoffs Good Benefits and a positive safety culture in 71 reviews.
Weatherford had disclosed plans to cut about 15% of its workforce in February and said it intended to shut down seven manufacturing facilities and consolidate 60 more across North America as it shifts its business to Brazil and Argentina in response to fallen energy prices. I am working there now in eastern region and we...
Oilfield service firm Weatherford has said it made 130 employees redundant in Aberdeen in the first half of 2020 in an effort to get a grip on its costs.
Never would have thought the only shop in oklahoma scoop/stack would have been closed! As of March 31, it had 49,000 workers, down from 56,000 at the start of the year, the company said. Who is left, everyone has their head up someone's butt, no faces to see??
I glad... Freedom of speech doesn't apply to this site !!!!
Don't they have enough "chiefs" already. No further information available. We are... Anyone heard similar or have intel?
how are you guys making out there these days. Rumor flying around the industry right now is that Weatherford is planning to leave North America Onshore completely. All Rights Reserved. A high level departure yesterday. I'm starting to believe this is the END! What is really going on? read more. You fit right in... One ph*cked up Weatherford. https://seekingalpha.com/article/4372022-weatherford-international-little-engine. disclosed plans to cut about 15% of its workforce, Walmart promo code: $10 off all departments, HP coupon: Extra 5% off gaming laptops & desktops, $700 off iPhone 12 Pro Max - AT&T Wireless promo code, Microsoft Promo- Students and Parents save 10% at Microsoft, Samsung promo code - 30% off for students and educators, $50/mo. We have the best technologies available on the market and our customers know this as well. read more. The Q2 results, expected 8/5, will be interesting reading. DO NOT over think this. The company said that's 25 percent of all of its employees. So the new CEO and CFO have a great day in the office. We are the company who moves the needle.
Messages relating to layoffs at Weatherford International Ltd. are presented below the company info. Why is hatchet man even here? Completions starting to displace Halliburton in many locations. Worst day of my life when we were taken over, we used to be quality, look what we have become. Just from Fred Justs! Here comes the recovery!!! Multiple sources say the layoffs are affecting Weatherford's facility on Old Spanish Trail (Hwy 182) in Broussard. More lay-offs after WFT reveals Q2 results? All bitter souls talking s*#t about us going belly up, shutting down, chapter whatever.... Now they seem quiet after hearing the earnings call?
You can hear the toilet being flushed. https://www.energyvoice.com/oilandgas/257257/weatherford-oil-layoffs-covid/. The joke is on Us. https://seekingalpha.com/news/3600726-weatherford-international-eps-misses-0_28-revenue-in-line, RFID is the future and will turn our fortunes around. Its official Katy plant is shutting down and will be fully closed in quarter 1 of next year. Stock soaring and we're on track! WFT= Talented people get wasted away and id--ts thrive, Use of this website constitutes acceptance of our. Better sharpen up those resumes!! https://www.prnewswire.com/news-releases/weatherford-appoints-new-executive-vice-president-general-counsel-and-chief-compliance-officer-301098351.html. Nova?
WFT is going, make plans now. — Companies such as Weatherford help energy producers drill oil and gas wells, but falling prices have jeopardized the industry’s plans this year.
Forget BJ Services or Baker taking over Wft. Once again proof you can't polish a t*rd. Verizon Wireless 5G Home Internet, Biden Vows to Build on the Affordable Care Act, Pompeo Answers Questions on Transition Preparations, Biden’s China Policy: New President-Elect, Same Tensions, iPhone 12 Pro Max vs. iPhone 12 vs. Older iPhones: The Camera Review, McConnell, Other GOP Leaders Back Trump in Questioning Election Results, News Corp is a network of leading companies in the worlds of diversified media, news, education, and information services. Layoffs: Downsizing related discussion, postings, questions and answers. Ireland-based Weatherford International Plc announced Thursday during an earnings conference that it would let go of 8,000 workers, or about 15 percent of … They sold their US fracturing assets to Schlumberger in January 2018 for $430 million in cash. shutting down from NAM / west Hemisphere Why do you think the CEO, CFO, Chairman and half the Board of Directors left? Weatherford International, a Houston-based oil and gas company, says it plans on cutting 6,000 workers due to the current oil market.