Thread regarding McDermott International Inc. layoffs

McDermott requests $105M of executive, staff bonuses

Regardless if it’s customary or not. DD should renounce his bonus. He already received one last year. Him giving up his bonus could save some jobs. Layoffs still happening.

https://www.constructiondive.com/news/mcdermott-requests-105m-of-executive-staff-bonuses/572305/

by
| 2991 views | | 11 replies (last February 25, 2020) | Reply
Post ID: @OP+13wSlocG

11 replies (most recent on top)

i think the bonus is approved

by
| | Reply
Post ID: @aslf+13wSlocG

Sad they get huge bonuses and I get laid off. Worked for CB&I laid off a week ago

by
| | Reply
Post ID: @5pcd+13wSlocG

Borderline criminal behavior imo. Kinda reminds me of Enron.

by
| | Reply
Post ID: @5zys+13wSlocG

If the future is bright, why do they need bonuses to stay?

by
| | Reply
Post ID: @4cyj+13wSlocG

Court is yet to agree. Praying that they do not. This is outrageous. Shame on all of them.

by
| | Reply
Post ID: @4hny+13wSlocG

Did the court agreed ?

by
| | Reply
Post ID: @3jgg+13wSlocG

Here I thought that MDRIQ ($0.0476) couldn't do anything better than CBI. I was wrong. They reward failure and incompetence a lot better.

by
| | Reply
Post ID: @3exa+13wSlocG

Hate this company. Disgusted and ashamed to work here now. Will be moving on asap. Take your shiny new building and shove it.

by
| | Reply
Post ID: @3rgy+13wSlocG

GET YOUR OPT OUT FORMS IN THE MAIL! Employees and small investors. BONUSES are ridiculous when the little guys lose ALL.

by
| | Reply
Post ID: @2pfj+13wSlocG

It's amazing that DD and all of his cronies are in line for far bigger bonuses than they would have got if MDR had not been in bankruptcy.

And they say that crime doesn't pay.

by
| | Reply
Post ID: @2kzv+13wSlocG

Is this an early preview of the April Fool’s joke. Where do we get bonuses for being miserable failures? I am amazed and aghast that any manager in MDR is eligible for anything other than a demotion after they ran the company into the ground.

by
| | Reply
Post ID: @2qny+13wSlocG

Post a reply

: