I'm not yet fully vested in the employer match (3 yrs to fully vest) But I understand that if FMC lays off 20% or more of the 401(k) participants in a year, the plan is considered to have undergone a "Partial Plan Termination", and everyone who was... — read more
SDS Layoffs
Is SDS 3.0 laying people off this time around? And what about Global planing?
Next Round of Layoffs
I was a TSP and transferred into the shop recently, but I only have two years of experience. Do I have a high likelihood of being safe during the next round of cuts?
Layoff Package???
Can anyone who has been or anyone who knows of someone that was layoffed, please clarify what package deal you or they got with FMC?
Invalco line
with the announcement of Invalco sales being managed under MS , any threat to the current workers in stephenville TX?
Layoff List?
From what I'm told from former colleagues, there may be a list that has been presented to people upon there layoff. The list contains positions/titles and age of people that may be laid off if things don't turn around. Has anyone else heard of this?
Layoffs in aftermarket at Generation park
Will there be any layoffs in the sswr aftermarket division at Generation Park?
Has the previously announced severance package changed?
At the end of December, in an email from Landes, there was a link to a severance calculator based on years of service. I checked that link last week and it's broken/page no longer exists. Does anyone know if it has changed since that distribution?... — read more
Layoff benefits
Looks fairly inevitable that the next round of Q2 cuts will be deep, especially with no new customer awards for services. What has been people's packages who are laid off, both salary and hourly? Has anyone had any luck negotiating for a better... — read more
Fmc kongsberg
Great benefits. Flex hours but middle management is a bunch of morons.
How deep will the cuts go?
700 will be cut from Norway: http://www.oedigital.com/production/item/12097-fmc-to-cut-700-norway-jobs Who is left at gears and what work remains?
Today?
Any news about layoffs today?
Things are getting interesting...
http://www.huffingtonpost.com/entry/unaoil-bribery-scandal-corruption_us_56fa2b06e4b014d3fe2408b9
northbelt...
Heads up at Northbelt... word is this week is gonna be rough...
Layoffs coming for Western Region Subsea
Watch out folks. Word on the street is layoffs will be coming in two waves: April and August. These two rounds combined will be up 30% headcount reduction depending on product line details (existing backlog, inbound, absorption, etc...) Everyone is... — read more
Wake up board of directors
Where is the leadership and vision around here? The industry is changing, the stocking is tanking and the backlog is disappearing and all management can think of is layoffs. Top management is like a fly trying to get out through a window, not smart... — read more
To all those idiots that said MS is being sold
Stop spreading crap rumors. Get off your ass and start working.
TSPs
Is Fmc about to let some of the TSP's go?
FMC stock selloff
Anybody notice SEC filings of March 1 ? FMC stock sales listed looks like a board of directors roll call.
Subsea
Will Fmc be having more layoffs in the middle of March with the subsea Western region?
Sourcing Integrated Services (SIS)
Does anyone know if this was created to eventually replace local sourcing operations? Sort of what they did with IT and Accounting?
Subsea Western Region
Does anyone know of more layoffs in regards to the subsea western region?
Invalco / MS / Subsea
So tough right now. Its unbelievable that Invalco is getting absorbed, MS is being parted out and Subsea is getting hit again in Houston. Just in time for one year anniversary of initial start of this downward spiral.
Shmita is real, there is no escape
everyone is either quitting or getting let go... this company is not going to last. run while you can! Hide your kids, hide your wifes!
Recent layoff only the beginning
The parts being machined now at Gears Road are for projects that have been pushed back 2-3 years. They are still vending work out and looking to sell machines! This recent layoff was just the beginning, don't believe any of the propaganda. VERY... — read more
Yes. Focus on the future, and be smart. Because clearly there is no future for MS
They are disassembling it a piece at a time. Seems they are only interested in keeping Subsea.
Watch out on your yearly performance reviews.
Last year they gave bad reviews for no reason and then the layoffs came.
They are positioning to merge with Technip.
Understandable perhaps, but zero core values in the process. Management is a joke - seriously. I do not know how they look at themselves in the mirror every morning. A great company has lost it's way and contrary to the news feed, it is not due to... — read more
I was escorted from the base by an armed police officer
FMC is a joke. I worked for them for 11 years in the field actually making the money for the company. I was escorted from the base by an armed police officer. At least have the common decency to give me a ride home instead of making me sit on the... — read more
Layoffs are never easy for anyone.
FMC is a really good company and unfortunately like many in the oil and gas industry have been highly affected by the low cost of oil. With that many managers were just as heart broken reading those numbers. Layoffs are never easy for anyone. Layoffs... — read more
Valuing People?
The FMC Core Values are a joke. Valuing People? The company places absolutely no value on its employees or their skill sets. Integrity? That is a joke. Gremp and his cronies are loading up on FMC stock while it's cheap, then causing thousands of hard... — read more