Topics regarding layoffs at TechnipFMC plc

Topics regarding layoffs at TechnipFMC plc

Engineering is not a commodity

This company treats engineering as a commodity. Outsourcing to cheap labor markets has destroyed the life blood of TechnipFMC. Senior engineers are being forced to train their counterparts (replacements) in “GECs”. The MBAs are in charge now. Now is... — read more 

Doug

He’s not even very personable. I guess his great email writing compensates for that. Definitely taking the company down though... — read more 

Things keep changing - and not for the better

Things have been deteriorating here for a while and people are noticing. It's been affecting productivity - it feels like no one cares anymore. There is zero motivation to do anything. I really didn't expect to see things shift so fast but they did... — read more 

Have access to Hou Biz Journal?

Curious what the rest of this article says. Maybe nothing more than the title? “TechnipFMC cut 2,000 employees in 2020 prior to spinoff”

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| 2283 views | | 1 reply (March 16, 2021)
Post ID: @OP+19TkesGF

Always the same pattern...

many previous layoffs have not been about overhead at all. They have been about getting rid of people that don’t go along with the status quo. They got rid of the people that think for themselves and truly desire what’s best for the company. They... — read more 

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| 3280 views | | 4 replies (last April 10, 2021)
Post ID: @OP+19AG5iQD

How will this affect us?

Any ideas on how this will affect employees? I don't care what anybody on top says right now, there's no chance in hell the leadership won't use this as a great opportunity to cut as many employees as they can. It might not happen right away, but I... — read more 

Technip Energies

With Technip Energies stated as being a separate traded company. What will the stock symbol be?

Just laid off

Came back from lunch and all stuff and 4 of my coworkers stuff was packed up in boxes. Here i rush back to the office early 🙄 only to be laid off.

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| 3770 views | | 5 replies (last February 4, 2021)
Post ID: @OP+199i7ehL

Calling in sick for tomorrow

Thank god I seen the posts did a little digging and got sick leave for stress. They are stuck with me now 100% untouchable. Once I exaust my disability hopefully the unemployment is approved for covid pay if I don't feel safe since the company... — read more 

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| 2960 views | | 4 replies (last January 28, 2021)
Post ID: @OP+198qahoA

Thursday last day for many

Thursday is the last day for many. Been cleaning out my office of personal items as a heads up from higher ups. Suggest you do the same going to be messy Thursday.

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| 1753 views | | no replies yet
Post ID: @OP+197Xi8hd

SubSea

Was told to be ready for Next Thursday. They claim more regulation with the new administration and lack of demand to cut back even further as big oil is canceling the refurbishment of their trees... What a way to stay the new year happy 2021.

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| 2580 views | | 2 replies (last January 13, 2021)
Post ID: @OP+18NFxz6P

Layoffs last week?

Were there any layoffs last week? What was hit? How did we not hear about it?

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| 2240 views | | 3 replies (last December 22, 2020)
Post ID: @OP+18w2Wlko

Take the leap

I wasted more than two years of my life on this company. I can tell you without a doubt those were the worst two years of my fifteen-year long career. After a while I started looking for a new job but soon the pandemic happened and I figured I was... — read more 

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| 3010 views | | 2 replies (last March 25, 2021)
Post ID: @OP+18uPwTdN

No job security anymore

I worked for FMC for nearly 30 years, I took a voluntary layoff in 2019. FMC was a great place to work before the merger. Sad to say but newer employees probably will never see 30 years on the job, like many of those who started in the 80s and... — read more 

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| 2950 views | | 2 replies (last January 1, 2021)
Post ID: @OP+18tsTjhH

Stephenville Back to Office Plot

Stehpenville VP and Manufacturing Manager are forcing everyone working from home to return to the office right at the beginning of the new year with barely any safety precautions in place. VP was heard saying that Covid isn’t a concern as they are... — read more 

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| 2470 views | | 1 reply (December 23, 2020)
Post ID: @OP+18qk5LXF

Do they want to save the company or destroy it?

The only thing they care about is maximizing their bonuses and keeping the shareholders happy so that they can stay in their position of power. It is pretty obvious that they are setting up the company to be broken up into pieces and then sold... — read more 

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| 2430 views | | 3 replies (last December 22, 2020)
Post ID: @OP+18iP4NNu

FMC Layoffs 2021

Make a prediction and tell us what you think about FMC Layoffs 2021? Any news or rumors?

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| 3000 views | | 2 replies (last November 28, 2020)
Post ID: @OP+184LDITZ

Stupid is as stupid does

I don’t know what our ELT was thinking with last week's layoffs. Many knowledgeable employees who had years of hands on experience are now gone. Their workload will probably be pushed onto others who are already overworked. And then they'll get... — read more 

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| 3290 views | | 6 replies (last December 15, 2020)
Post ID: @OP+17YknT5g

This is both sad and ridiculous

I know the company is careful to lay off just enough younger people as well to protect itself from age discrimination claims, but that doesn't change the fact that what is being done is age discrimination. People who have been here the longest and... — read more 

Mad rush to merge

In more #shale consolidation, Contango O&G is merging with Mid-Con Energy for ~$400 mln (EV) in another "no-premium" transaction. #MCF #MCEP

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| 1313 views | | no replies yet
Post ID: @OP+17CtME7d

Lucky me

I quit the job 5 years ago and went back to be an independent consultant again. I did is right decision.

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| 1390 views | | 1 reply (October 25, 2020)
Post ID: @OP+17yGTIMd

Lay off started in Houston

Friend and past colleague of mine said he was laid off with many dozens behind him in the East Houston offices

FMC Technologies, Inc. (“FMC”) sued Dril-Quip

On October 5, 2020, FMC Technologies, Inc. (“FMC”) sued Dril-Quip, Inc. (the “Company”) alleging misappropriation of trade secrets and seeking money damages and injunctive relief in the 127th District Court of Harris County in an action styled FMC... — read more 

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| 7680 views | | 8 replies (last August 12, 2021)
Post ID: @OP+17ppw6ir

FTI Stock Value

What is causing its sudden dip in price? It appears to be dropping faster than oil prices ...

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| 1790 views | | 3 replies (last October 29, 2020)
Post ID: @OP+1770Y8bW

Diversity at TechnipFMC

It’s funny listening to Pferdeturdy speak to the power of diversity when there are no people of color on his executive staff or BoD. His notion of diversity is hiring a ‘non-Aggie’ graduate. He plays the same ‘bait-n-switch’ marketing ploy as the... — read more 

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| 2760 views | | 6 replies (last September 16, 2020)
Post ID: @OP+16TGzEsZ

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