Real people are losing their jobs. But I did warn you months ago. This is not the last cut, start looking for another job before TGS goes bankrupt just like that do---o company called ION.

I am always right. The death spiral of TGS has started. Many more rounds of cuts to come.

Look at all the upper management installed from that failure of a company ION. There’s a reason they failed. I give TGS maybe 2-3 years before the imaging division starts printing red ink.

Jump ship while you still have your job, I’ll tell you I told you so around mid January ……

Any currently employed people out there?

Yahoo finance has Ion stock at 0.000 and there is no chart available.

Crammed in like sardines in the Houston office - I’ve been dreading the arrival of ex ion folk, feels uneasy, I sense a clear out coming before thanksgiving - not enough work to go around

So just 60 employees are making the move to TGS, according to their announcement?

So what do you think went wrong? I would say there was way too much mediocracy in the upper management. No consequences for making mistakes. Anybody want to name names?

Fortunately, I managed to find a new job in a very short time. At the moment the situation is terrible here, but it used to be not bad at all. If you could sum up your impressions during your time here, what would you say?

Is this a repeat of what happened to ION?? Stock lowest since March, recession looming along with oil price slump, bitten off more than you can chew?? Current tgs employees must be worried especially with more employees to pay joining soon

Been around a few years - can safely say this winding down of operations is top 3 fusterclucks I’ve ever seen. No wonder VP of HR resigned couple months ago.

Some think that TGS will retain approximately 50%, while others have much darker forecasts.

Some of us on here have been warning for almost a year to get out and get another job because the execs simply don’t give 2 schitts about you as employees…the latest chaos I’m hearing through the grapevine as ION exits Ch 11 and fooks over the... —  read more 

Let’s rename this board, matter of time before TGS gets crushed, they have the curse of ION now

But, I told you so.

Perhaps the wisest thing is not to have high hopes that there will be any retention incentives?

About the auction of IONs assets? Isnt that happening today? Will it go up on the court website tonight or do we have to wait for press releases from ION?

I don't want to cause panic, that's not my intention. I'm just wondering if anyone here has any insights or thinks there could be mass layoffs soon? I personally don't think it's going to happen, but I've heard from multiple people that they... —  read more 

Will be what the ceo says as he leaves his office with bags of cash in a few weeks. Wish I could get paid to drive companies into the ground!

So far I have not worked in a company with a greater disconnect between leadership and workers. You?

Some resolution must be close by now, anyone heard anything??

This might be a stupid question so I apologize in advance, but I've heard that in case of bankruptcy employees who are laid off are not entitled to severance? Is this true? If it is, then it makes this whole situation much worse than it seemed to be... —  read more 

I posted here a few times stating the obvious. Some of you listened and some ridiculed, criticized and mocked my comments. It is always sad when a company fails, especially due to incompetent management.

Certainly a company should not ignore the opportunities that come along, but it should never lose focus on its core business. Does anyone other than me think this is exactly what is happening here?

Too many people are deciding to quit at a time when the job market is starting to slow down drastically. What's happening here? Ion is not the best workplace but it's not the worst either. I can't understand why so many people are willing to risk... —  read more 

Ion stock price is just moving fractions of a cent each day, sometimes actually moving more than 1 cent. It will never be $1 or more. Delisting and pink sheets on the horizon. Will there ever be a buyer?

They should allow memes and other images on here. All the pi---d off employees would make some dope a-s content ripping all the executives a new one.

I’m very nostalgic when I think of some nicer times when it was really nice to work here and when I felt valued. On the other hand, I am aware that nostalgia makes no sense because those golden years will never return. Who could have thought that... —  read more 

Our leadership is one big disappointment in my opinion. I no longer have any trust or respect for them. Purely out of curiosity, what was your biggest disappointment while working here?

No amount of polishing is going to make this tu-d of a company shine. Get the Ch 11 case over with and close the coffin, invite the Ghanaian funeral dancers and send ION off to the graveyard where it belongs.

Ion down to 51 cents, 20%, today after the big pop from the Brunei contract news. The sad fact is, this will do very little to solve the current debt situation and associated bankruptcy filing. It may improve the chances of finding a suitable buyer... —  read more 

Ion gets 5 year contract with Brunei Shell. There really is a tooth fairy!

Like someone wisely remarked last year (scroll down), TGS will buy the data library for basically peanuts and make current employees walk the plank. The market is saying it doesn’t want ION products and wants competitor products instead. Many reasons... —  read more 

Anyone with talent is long gone. I stayed here because of my age, I am no longer very marketable. Those trying to leave now, what are the experiences? How hard is it to get an offer with ION on resume?

This won't be the last chapter 11 bankruptcy filing for this zombie company. Think of the embarrassment and shame of having this company on your resume.

Looks like the “bad news Monday” id--t was only off by a few days. No concern of mine! I will invest in Oxy stock all day long but nobody will ever invest here.

Can anyone tell me what’s going on?