Some think that TGS will retain approximately 50%, while others have much darker forecasts.
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Ion stock now at 10 cents. An all time record low.
Not you. That's for sure.
None will be retained. About 20 to 30 will receive offers in Houston. 15 in processing who are good at using the acquired software. The rest will be software developers, data management personnel, and maybe someone from sales.
Unfortunately, TGS can do whatever they want. Words don’t mean much. The winning auction bid took 0 people and that is the only legally binding contract in force.
What’s the obsession with the fate of ion employees- do you get a weird kick out if watching people trying to provide for their families suffer?
whenever acquiring an oil field service company's assets it is standard practice to guarantee its employees lifetime employment, give a 50% pay increase, and a $50,000 signing bonus. there. is everyone happy now?