Thread regarding McDermott International Inc. layoffs

Hiring & Merit Actions Email

Gist of the email... no more hiring & no more raises for the foreseeable future...

I better not see one more stinking cent or one more transfer of stocks to the already grossly overcompensated BOD or Executives for running the company in the ground! They didn’t deserve any of their retention bonuses nor their productivity/leadership bonuses.

But I’m quite sure the little guy will continue to take a screwing while the fat cats keep getting richer!

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| 2791 views | | 4 replies (last May 4, 2020) | Reply
Post ID: @OP+14oqEldT

4 replies (most recent on top)

I just got laid off and I'm in the proposals group, who helps bring in new business for the company. Why don't they cut some many management positions instead of people like me who actually offer value to the company?

Employees received severance packages instead of merit increases while the CEO and other higher-ups still get their bonuses....not fair at all!!

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Post ID: @pbfg+14oqEldT

Garbage company, pampered execs scrambling to save their cash cow while the boots on the ground can't even get a COL raise. What a joke!

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Post ID: @5nvq+14oqEldT

Layoffs, rumors of layoffs, cutting hours. All for the minions.

Yet has DD and buds giving up any of thier fat checks??

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Post ID: @4yre+14oqEldT

You can bet your a– the fat cats will still get their bonus's in the millions. I agree we need the hiring freeze especially since we have several terminations weekly. This whole thing is so disgusting.

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Post ID: @1amx+14oqEldT

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