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.
Told you so
I am always right. The death spiral of TGS has started. Many more rounds of cuts to come.
Ex-ion management will ruin TGS
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.
Leave TGS before they kick you out!
Jump ship while you still have your job, I’ll tell you I told you so around mid January ……
Is This Company Still In Business?
Any currently employed people out there?
What Is Going On?
Yahoo finance has Ion stock at 0.000 and there is no chart available.
TGS office is bursting at the seams
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
TGS Takeover Completed
So just 60 employees are making the move to TGS, according to their announcement?
What went wrong?
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?
If you could summarize your experience here
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?
TGS stock on the slide
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.
How many employees will be retained by TGS?
Some think that TGS will retain approximately 50%, while others have much darker forecasts.
We warned you
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
I hate to say I told you so…
But, I told you so.
Perhaps the wisest thing is not to have high hopes that there will be any retention incentives?
When will news come out?
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
Aight imma head out
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??
Bankruptcy and severance
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
Sad to See All of You Go
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?
Why are so many people leaving?
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
Just A Penny Stock Now
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.
There is no room for nostalgia
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
I no longer have any respect for them
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?
Stock dropping like a tu-d
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.
That Didn't Last Long
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?
Ion Files Voluntary Ch 11 Bankruptcy
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.
What’s going on?
Can anyone tell me what’s going on?