The layoffs will not stop till all but the bare minimum is left in the US. Senior managemaent and a small team of support. Everything else will be closed and moved overseas. India, Mexico, Middle East and Asia are the future of the new organization. All engineering and fabrication can be transferred easily.
Posted by @UTj8hS6-6duv, bumped for being on point.
Yes all working moving abroad. Lake Charles fab shop has already been cold stacked starting 01/19. Walker will be next.
I’ll take a layoff package! Can’t remember the last good project from either company that didn’t end up with a p-ss-d off customer. My brother works for P66 and they hate us cause we f’d them so many times.
I hope it accelerates. No reason to delay the inevitable. Rip the bandaid off y'know. Too many people here now. Let's get rid of CBI people and embrace the future and create a New Kind of Company. There is no more exciting time to witness the transformation of business into what it was always intended to be, stripped of the pretenses of stakeholders or corporate citizens or great places to work. A legal structure to pay a few people at the top as much money as they can get away with.
God bless globalization and free trade!