McDermott International Inc. Layoffs

Topics regarding layoffs at McDermott International Inc.

Remember

PA is responsible for all of this. DD did the same thing he did when he merged with CBI. Just like PA did when he bought Shaw.

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Post ID: @135FwkTI

Did they lock our cell phone accounts?

My cell service stopped completely this AM around 8am. I have to connect to WiFi to do anything. Anyone else in the same boat or know about this? I logged into The account and it said the account is locked. Uh oh. Here we go. :(. So it... —  read more 

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| 293 views | |
Post ID: @134DS9mO

Payments defaulting 😞

McDermott failed to make an interest payment of about $69 million on Nov. 1 and the forbearance deadline expired on Wednesday. Despite the expiration of the forbearance deadline, the company said it is still negotiating with holders of the senior... —  read more 

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| 684 views | |
Post ID: @132n0pVR

Colombia still hanging over us

That mess has not been fully resolved and hasn't helped the stock price. Will those two clowns be sent back to face the music? Getting that resolved will help our rep!

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Post ID: @131C9v0U

Credit Stop

All company credit cards were cut off the end of last week by the Bank of Montreal

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Post ID: @130D7LFR

[email protected]

Enough with the smoke and mirrors "we will tell you all about it it next week, next month, next year" I can't take all of the lies and BS anymore. Besides that now that McDermott is going bankrupt we could all be out of a job by the end of the month... —  read more 

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| 2457 views | |
Post ID: @12Oc0eZm

Make Tough decisions ASAP

Cut main office overhead salaries by 25%. I have heard many personnel are overpaid. Many will unbelievably stay because they cannot find another job paying near the cut or will not leave their comfort zone. Good talent will leave so prepare to... —  read more 

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| 1707 views | |
Post ID: @12MnRlju

Smoke and Mirrors at OMC

The quality vendors and subs have gone unpaid out here where the company generates money. Apparently, the sweat dripping masses should push on so our crown jewel, OMC is fully stocked with coffee. Those of you complaining about open floor plans... —  read more 

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| 1898 views | |
Post ID: @12rmEitx

Layoffs?

Anyone else heard that McDermott is laying people off?

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| 1798 views | |
Post ID: @12oflN4Q

More layoffs going into the end of the year

Is anyone else hearing of another round of layoffs going into the end of the year? Or is it select and performance related? Seems like they're starting tearing down some old fiefdoms.

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| 1676 views | |
Post ID: @12n0R0Lw

Feltham Wages

I hear some Wages have not been paid in London Feltham Office . Any truth Ruth ?

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| 965 views | |
Post ID: @12koQmSL

Wages not paid in Middle East

Marine and dive crew wages not paid for a lot of people in the Middle East many not been paid for weeks /months in some cases no information from management in Dubai or Housten, complete Lack of respect for employees.

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| 1573 views | |
Post ID: @12hJw5aT

Lummus sale proceeding?

There is rising speculation that Lummus bids are coming in at acceptable levels. Whether the banks let us off the hook is another matter, but it's a positive if true.

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| 3953 views | |
Post ID: @128LsrUN

Leadership team is thining out

Leadership team seems to be turning over (SS, SA, SM). Technip cronies, what's happening? Wonder if we're about to see some even bigger changes.

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| 2207 views | |
Post ID: @127PKEnU

What then?

If McDermott does file bankruptcy, what will happen to this big Cameron job about to kick off?

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| 2915 views | |
Post ID: @126Tu0jO

Jail time for ExCom

We're going from future is bright to bankruptcy in what has to be record time. SEC is investigating the disclosures around Cameron LNG. I wonder if DD, SS or others will end up in jail for fraud. Whistle blowers?

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| 946 views | |
Post ID: @126txggZ

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