Weatherford International said Thursday it plans to sell two of its major divisions and cut more jobs worldwide as the Houston oil field services company repositions itself as a smaller firm with a ...

Feb 25 (Reuters) - Oilfield services provider Weatherford International Ltd said it would divest five businesses, exit another and lay off 6192 employees as it struggles with weak demand in North ...

BROUSSARD, LA — The oilfield service company Weatherford International allegedly closed one of its Broussard locations Tuesday. Employees in the Open Hole and Closed Hole Wire Line Division say they ...

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. The company said that's 25 ...

As part of its strategy to further cut costs and reduce debt, oilfield services company Weatherford International (NYSE:WFT) said on Thursday that it had launched another head count reduction plan ...

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Weatherford International Ltd. is cutting nearly 7,000 jobs globally, but the oilfield services giant is reporting that its "turnaround" is nearly complete halfway ...