Topics regarding layoffs at McDermott International Inc.

Topics regarding layoffs at McDermott International Inc.

More layoffs and closures

I heard from my boss that we will have another round of layoffs this June. And some international offices will be permanently closed. Is this the end. Or is there a sliver of hope

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Lack of enthusiasm

How can I be committed to working in a company where there are no benefits, which has no vision, where only layoffs can be expected and where there is no future without cash injections. There is hardly any motivation. Not sure how you do it, but I... —  read more 

Getting ready....

Appointment of new in-house Attorney, (long term friend of DD), promotions for some of the "boys", with increased salaries and benefits. The lining of the nests, and legal protections are moving forward. Stand back and watch them get richer, as... —  read more 

It was fun

Well. After 18 years. lots of good times and lots of great people. I got the word today that my employment is no longer needed. I wish everyone still at McDermott the best.

Just got a raise.

With all the turmoil in the office I asked to mobilize to borstar to hide out and they approved it. Started early this year. Nearly doubled my take home pay. Seeing is believing. There is hope for us. Being at site makes me realize we have a chance. —  read more 

Questions!

One more day to submit questions to DD! Mine: Couldn't some of the bonus money you handed out during Ch 11 been used to keep the meager cost of living raises we had coming?

Holidays

I heard they are going to go to a 4-10 workweek policy and any holidays on Fridays, Saturdays and Sundays wont be paid holidays unless you are at least manager level. A lot of the other engineering companies are doing the same thing.

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