Chicago Bridge & Iron Layoffs

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Topics regarding layoffs at Chicago Bridge & Iron

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

Can't argue with this

MCD bought a bag of crap when they bought CB&I. The CB&I executive team had already drained the company by the time MCD bought them. The technology is old and there is not many people left that know what they are doing. Got to love the business... read more

Someone should be held accountable

Those that bring companies down like this should be prosecuted to the full extent of the law. What they did to enrich themselves at the expense of their employees, customers, shareholders, etc should be a criminal offense. Those that brought down... read more

It is because of your unabashed greed ...

That this company is in ruins as it winds down and is acquired, PKA. You hired bad people to do bad things all at your behest. You lied to the street with false numbers in every respect; performance, safety, quality, financials etc. There is even a... read more

Long Commute and Houston Traffic

McD will keep the Eldridge location. It is currently being renovated as we speak. McD is under a lease that can't be broken. McD will continue to Lease space in the GE building on BW-8 and Clay Road. Guess what, that will be the 2 locations for... read more

Really?!?!?!

Company communications want us to get all excited about a new logo while common employees have to search the web for information because promises of "transparency" fall short. We are keot in the dark and don't know when that tap on the shoulder may... read more

CBI EMT Greed

While the company burns, CBI EMT is asking the Board to increase their parting bonuses by millions. Why? Because of the 1Q financials which are a lie. They are 100's of millions off and that is what we shared with the street. We are the Enron of... read more

MDR is in charge

It may be called a merger of so called equals, but the fact is becoming apparent that MDR is the top dog in this fight. The recent announcement of the new executive leadership. 10 MDR execs, 4 CBI execs. Given the proven incompetency of CBI... read more

Tyler Texas Closing

Has anyone heard the they will be closing the Tyler location? There have sure lost a lot of good engineers. I wonder what will happen to the rest of the admin, procurement and the remaining engineers.

Executive Compensation

During 2015 he was ranked by Yahoo Finance as the 2nd worst CEO out of 25. His total 2015 compensation package was $18.3 million. His total compensation from 2006-2017 was a reported $172,267,912.00 USD. That comes to an average yearly compensation... read more
by | Post ID: @SUIxcr7
717 views | no replies

May 14th. A day of reckoning...

Another round of layoff for some and others will be asked to stay for 2 months to complete “critical” tasks and then be let go. Not fun times at CBI.

CMS was a complete failure

CB&I was known for water towers and tanks, now it is time to get to other things. Whoever thought up CMS without a total integration study and comment resolution should be fired, that was the beginning of the end. They never integrated, somebody made... read more

McDermott Backstabbing????

One must really question the management team from McDermott. Through the entire "Merger" process there has been a lack of transparency. Numerous times what has been told to CBI folks has been the opposite of what has come to pass. Latest is that... read more
by | Post ID: @STHXTqQ
1162 views | 7 replies (last )

Warning this is a fake zine

I followed layoff for a year when my company 'merged' and noticed lots of internal intervention etc. Also heavy use by insider IT trolls. It also used auto reply bots with silly phrases not making any sense. Don't draw any final conclusions from... read more

Look for new jobs

New management has already told us to look for jobs. Think about it. MDR already has a 3 year head start on how to work lean. Cbi has layers and layers Of engineering fat. Multiple layers of managers, directors, VPs and then everything gets check and... read more

More Layoffs Coming

CB&I is broke, how broke? They signed a office lease on the bad side of town but is was cheap. Employees cars are getting broke into and people are being robbed. Yet their executives are in the Woodlands, out of harms way. They cannot even afford to... read more

CPI

F--- it. I'm out. Only so much sh--, so much uncertainty and lack of appreciation, so many threats to my livelihood, I can take before I wake up and reclaim my self respect. Done. Done.

Offshore Rosters

What offshore rosters are typical? Any idea what McDermott’s are?
by | Post ID: @SEhaj4V
313 views | no replies

Lawsuits

What happened to all the lawsuit? If you were honest, you would not need lawyers.

McDermott questions

What are some benefits McDermott bring to CB&I? Vacation increase?? What will the work schedule be like? Company events?? Other benefits??

While Rome Burns, the Masters!

That's right folks, while our once proud company goes down the tubes amidst this business combination, many of our execs are headed to Augusta on the company jet to enjoy the Masters this weekend. I sure hope they get approval from the board for the... read more

10 - 20% layoff coming?

Aappears the first to go are generally, contractors, recent new hires and deadwood. If you're a solid performer and there's work, should be ok, for now. No one is guaranteed a job or entitled to a paycheck. I heard- directs were given severance-... read more

CB&I was a good company to work for!

Worked at Shaw 11 years before co. was bought by CB&I, with CB&I 5 years. Both have been good places, surrounded by dedicated people. For most part- management has let me do my job with min. interference. CB&I has solid benefits, I hear they even... read more

CB&I is a funny company

CB&I is the most unethical, unprofessional and corrupt company I have ever seen. They told me I was eligible for rehire. Do not know why they think I would work for them again. Full of unskilled inexperienced workers but they are cheap, just like... read more

Any real layoffs info?

I was wondering if apart from the bombastic announcements in all caps that claim major layoffs are incoming (no clues whatsoever that it's trolling, nope, not a one,) do we have any concrete info on what we might be looking at in the following... read more

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