"I've got to go out and pitch and get guys out, so if I'm doing that we can talk in the offseason about what I want to do as far as next year is concerned and make a decision," Wood said Wednesday on "The Waddle & Silvy Show" on ESPN 1000. "But hopefully Chicago would like to have me back."
Hendry brought Wood back to the Cubs on a one-year deal before this season, Wood's 12th with the Cubs. After two seasons away, pitching for the Cleveland Indians and New York Yankees, Wood took less money to return to Chicago, signing for $1.5 million in December.
A major league source told ESPNChicago.com's Bruce Levine in January that Wood was told in a meeting with Cubs chairman Tom Ricketts that he could be a part of the organization for as long as he likes after his playing days are over.
Wood, 34, has pitched well out of the bullpen, with a 3.24 ERA in 45 games this season, and he has a seven-game scoreless streak.
Wood, who has known Hendry for 17 years, said he was surprised by the timing of the firing on Friday.
"That's part of the game," Wood said. "Jim was here for a long time. I knew him for almost 17 years. He did great work here and did a great job. That's just part of the game. It's time for him to move on. He's going to land on his feet and he's going to be doing this for a long time. He'll be fine. I'm not worried about Jim Hendry.
"I think the timing was more of a surprise than the decision. But again that's part of the business. It's not my place to ask why and all those questions. It is what it is. I feel bad for him and his family but he's going to bounce back and do the same job somewhere else and be successful."