TechnipFMC plc Layoffs

Topics regarding layoffs at TechnipFMC plc

Bubba gets another pay raise!

Yet again another example of atrocious leadership from our "fearless leader." The guy is a joke and is only in it for himself. Disgusting. https://www.bizjournals.com/houston/news/2020/03/19/technipfmc-widens-gap-between-ceo-employee.html

FTI Stock Value

What is causing the FTI stock to tank in the last 5 days? Yes, crude oil has dropped in the same period, but not 25%.

FMC Layoffs 2020

Is this going to be an interesting year as it relates to FMC Layoffs 2020? Any news or rumors?

Voluntary layoffs

At the Stephenville plant, they offered a voluntary layoff. 43 people signed up. Their last day is October 3rd. I wish I was this lucky. No voluntary layoffs offered where I am, but I would jump at the opportunity if it ever presented itself. Any... —  read more 

Fmc Technip (remainco) Erie pa

Layoffs announced and predicted in future trying best to avoid the inevitable back log dwindling and lower then average company will have no choice but to make layoffs

Erie Plant

Plant is starving for work, but we can't seem to sell a meter anymore so sales and back log have hit rock bottom. If things don't pick up in the next month I expect a massive layoff.

TECHNIPFMC CEO COMPENSATION

Here is an interesting read about the leading by example: https://www.bizjournals.com/houston/news/2019/03/26/technipfmcs-ceo-made-more-than-200-times-the.html?ana=yahoo&yptr=yahoo —  read more 

How many reorganizations do we really need?

Who else is tired of constant reorganizations that happen several times each year and end up doing exactly nothing in the end? Except, of course, getting rid of a bunch of employees. That seems to be the number one priority for TechnipFMC. Instead of... —  read more 

Temps have been let go and frozen pto

Following the $280+ million bribery charge, they already let go of the few temps they just recently called back and have told us that our PTO will be frozen for the next 2 weeks.

CORE VALUES?.?

The Gears Rd. warehouse - why is everyone working so much overtime? Nothing coming in or going out. Working twenty days in a row and putting down 12 hours everyday. Who is approving this?

WTI At $46 a Barrel

The company stock keeps falling and the price of WTI has been plummeting. We all know what comes next. https://www.google.com/search?q=technipfmc+stock&rlz=1C1CHBF_enUS818US818&oq=&sourceid=chrome&ie=UTF-8 https://www.cnbc.com/quotes/[email protected] —  read more 

Current Rumors

Recently heard two different rumors: At the start of the year, more wells will be tapped and a giant surge of work will be generated from it. This is also the reason why our warehouse buffers have been doubled and we keep continuing to fill them... —  read more 

Why Haven’t Lay-Offs Started

We were dead slow at the end of the last quarter. This quarter, we’re practically a pack of zombies trying to eat up whatever work there is. Everything that the planners release only lasts a good week or week and a half, earned hours are in the hole... —  read more 

Survival of the Fittest - TechnipFMC edition

For those still sipping on the TechnipFMC Kool-Aid and waiting for the inevitable to happen. Please make sure you do the following before your day comes. Don’t live in denial. Update your Resume, your LinkedIn, and apply for jobs, now. Why wait until... —  read more 

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Nowhere to go

I'm really tired of FMC and constant worry about more layoffs, but from what I can see I am stuck here. Every other company I've checked out is in the same if not even worse position. I'm really not sure what to do. I'm too old to change industry... —  read more 

Another 10% before Q4

Terdyherd only cares about reducing headcount and he and his underlings only know how to deliver to investors by reducing jobcount. It’s no secret that TechnipFMC prior to the merger with FMC thought the FMC org was bloated and overpaid. Meanwhile... —  read more 

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