Topics regarding layoffs at McDermott International Inc.

Topics regarding layoffs at McDermott International Inc.

Happy Thanksgiving!

No matter what, I wish all of you a Happy Thanksgiving Holiday!

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| 1440 views | | 13 replies (last February 21, 2019)
Post ID: @OP+WgLMMbu

The culture of fear

I quit my job at McDermott and went for a better paying job a couple of months ago after a 6-year string and I have to say that it’s much easier to look at everything that is wrong at the company when you look from the outside. The truth is when you... — read more 

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| 1600 views | | 5 replies (last February 20, 2019)
Post ID: @OP+WdcK5Dp

What A Cheesy Company

You can buy McDermott Vacation Days gift cards at Costco for 20% off! A great Secret Santa gift idea! AND McDermott will be running a Groupon special in January.

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| 712 views | | no replies yet
Post ID: @OP+WbRcR87

Dead end job

No amount of positives can change the fact that this is a dead end job in a nutshell. If you work at McDermott one of the two things will happen to you. You will be laid off or end up stuck in the same position forever. That's it. There is pretty... — read more 

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| 1260 views | | 4 replies (last November 17, 2018)
Post ID: @OP+WaWHaGK

New Benifits

Not only can we now buy our on vacation time, we can now buy our own STDs. Thank goodness it’s almost BJ Friday!

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| 990 views | | 3 replies (last February 20, 2019)
Post ID: @OP+W8ydBkR

Lummus destroyed CB&I

Lummus destroyed CB&I and they will do the same at McDermott if you let them. Better drop them like a hot potato. Lummus thinks they know everything and they are to stupid to listen. They came to CB&I with all of these big ideas. All they did was run... — read more 

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| 4310 views | | 13 replies (last November 17, 2018)
Post ID: @OP+W6KKnEd

Need Smarter People in Management

When all you do is look at the box on your desk, you do not understand business. There s more to business than margins and itemized list that nickle and dime your customers to death. Need to hire managers that understand customer satisfaction not... — read more 

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| 1990 views | | 11 replies (last November 10, 2018)
Post ID: @OP+W0gfgRM

Keep moving! Nothing to see here!

CBI were taken down by debt and project losses. MDR swallowed CBI's problems whole. We learned this week that these problems are not under control. These problems are so bad one of these clowns said they are a take over defence. Nobody would be... — read more 

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| 1830 views | | 7 replies (last November 14, 2018)
Post ID: @OP+VXpnaAx

Micromanagement

The problem with micromanagement is that greedy executives nickle and dime their employees and customers to death. Eventually no one wants to work for you or do business with you. It is about helping people not nickle and dime people to death. You... — read more 

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| 1640 views | | 5 replies (last November 3, 2018)
Post ID: @OP+VWhmrUo

tanks and terminals EPCI company for sale

How could a vertically integrated offshore/onshore company serving the oil and gas industry NOT want a tanks and terminals EPCI that offers significant pull-through revenue?

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| 1320 views | | 6 replies (last December 29, 2018)
Post ID: @OP+VWbSL8m

Lies and the Lying Liars Who Tell Them

Operator: And our last question is from Samuel L. Jackson of Pulp Fiction Investors. Caller: David, do I look like Mrs. Marsellus Wallace?! Dickless: Wha--?!"

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| 1350 views | | 4 replies (last November 1, 2018)
Post ID: @OP+VUG3YZ1

Never felt less appreciated, noticed, or valued.

Twenty-one years and never once have I waivered in my loyalty to CB&I. When McDermott took over, I made a commitment to do the same with them, and I did. It’s how I was brought up. However, I have never been approached, provided any encouragement, or... — read more 

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| 1610 views | | 5 replies (last November 1, 2018)
Post ID: @OP+VUV4875

Salary Freeze - No bonuses

Due to increased pressure for CPI there will not be any raises or cost of living adjustments for the foreseeable future. As per S Allen and if you think that is not fair or right then the door is over there. We will continue giving targeted raises... — read more 

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| 1270 views | | 1 reply (October 31, 2018)
Post ID: @OP+VUnmKnP

Richard H next to go

Richard H will be going with the sale of the tanks and fab shops. Along with another 2,000 from the corporate offices. Cuts will be in HR, Training, Supply Chain, Project Controls. Sorry to bear the bad news.

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| 1470 views | | 7 replies (last November 1, 2018)
Post ID: @OP+VUomVE3

Divesting Tank Storage and US Pipe Fab Business

The official anounsment can be found at the company websight what is below is just part of the oficial release, HOUSTON, Oct. 30, 2018 /PRNewswire/ -- McDermott International, Inc. (NYSE: MDR) today announced it has completed a comprehensive... — read more 

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| 1970 views | | 18 replies (last February 21, 2019)
Post ID: @OP+VTTz7n1

Town Hall

Has anybody heard anything about the town hall meeting tomorrow after tonight's earnings call. Rumor is all or part of the company is being sold.

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| 1400 views | | 10 replies (last October 30, 2018)
Post ID: @OP+VTfqnem

AP, AR, Payroll left in woodland will be laid off

Most of AP, AR & payroll that is left at the woodlands office has been advised they are getting laid off by January 15th or the 31st (or sooner). The work is being outsourced to Malaysia. The few who didn’t get a lay off letter are managers and FEW... — read more 

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| 1490 views | | 9 replies (last November 1, 2018)
Post ID: @OP+VRG5V5H

Workers revolting

I am hearing the other offices are planning to walkout Friday, demanding pay raises and not silly slogans.

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| 1450 views | | 10 replies (last October 26, 2018)
Post ID: @OP+VO8pQoO

A New Kind of Bankruptcy

Will offshoring happen before bankruptcy? How does Indian bankruptcy law work?

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| 961 views | | 1 reply (October 25, 2018)
Post ID: @OP+VOm9Gkf

Possible layoffs next week?

I overheard today at the office we might see some more layoffs sometime next week. Anybody knows more about it? Or maybe somebody can hopefully tell me that it's just a rumor and nothing to get all worked up about (which is already too late?) I... — read more 

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| 1020 views | | 2 replies (last October 31, 2018)
Post ID: @OP+VOgqNZH

NOW IS THE TIME

NOW IS THE TIME TO REALIZE OUR POTENTIAL AS ONE, UNIFIED ORGANISATION. OUR VISION IS ONE - IT IS DRIVEN WITH PURPOSE. IT IS DRIVEN WITH VALUES UNPARALLELED BY ANY.

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| 1040 views | | 6 replies (last October 25, 2018)
Post ID: @OP+VOtt8P2

Lutech

Send Lutech to the border, there is a new group of designers and engineers heading this direction. Oh, wrong border. However, they are cheap. You business people are so smart these days.

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| 720 views | | no replies yet
Post ID: @OP+VL2mdGA

We Happy

We can do this

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| 574 views | | no replies yet
Post ID: @OP+VLYUwzW

David d---son out

The board is going to fire David d---son before the end of the year. Then begin divesting the loosing business lines.

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| 1990 views | | 13 replies (last October 27, 2018)
Post ID: @OP+VL4xAqz

Tyler office closing

I saw moving boxes being readied to go to the Tyler offices. Word is they are the next to go, well most of them. Some are still guaranteed a position until some of the claims are settled along with the legal battle or the reficar lawsuit.

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| 2270 views | | 14 replies (last October 24, 2018)
Post ID: @OP+VIERkHk

Merger in the works!

Good news! We are going to merge, turns out it is easier to merge with Technip since most of the leadership came from there and the COO already has all of the strategy on his google drive.

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| 2020 views | | 15 replies (last October 25, 2018)
Post ID: @OP+VHCD4TY

Opposite Day for MDR stock

How is it that every time an award announcement is made the stock takes a hit? Is the street scared we don’t know how to make money? I’m curious too.

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| 2180 views | | 30 replies (last October 24, 2018)
Post ID: @OP+VGDFcNA

is Atlas still holding up the CB&I Globe ?

Who is handling the bazillions in debt now that the last guy is tossed out by Dr Jekyll? I hope it is another Technip schmuck with useful trade secrets!

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| 990 views | | 6 replies (last October 24, 2018)
Post ID: @OP+VGyAhZ0

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