McDermott International Inc. Layoffs

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Topics regarding layoffs at McDermott International Inc.

Hundreds of millions

Contractor on $1.4 billion Louisiana project cites cost overruns as it cancels two CB&I contracts. Copy this link and paste in your browser to see more:... read more

Hundreds of millions

How??? https://www.theadvocate.com/baton_rouge/news/business/article_7f1d6aa0-7f03-11e8-bba4-fbf613e5ba48.html

Quarterly Results end of month

Any word on sizable wins that will get the stock price up? If not I fear some heavy activity on this thread. Don't see much contribution from CB&I.

The 99% Speak

Flexing was a nice perk; however, how many companies offer it? Grow up. Companies move all the time. Employees either move too or find something else, sorry this is how the real world works. Whining on here will not change your situation

CPI = budget cuts and staffing reductions

As a former long term McDermott employee who survived the MPI program but not the FTG program here’s a little translation for all the new McDermott employees formerly CB&I. They announced the CPI program about the time I was made redundant. This is a... read more

Lifeline Provided

If your company (A) was just bailed out by another company (B) because company A's projects were hemorrhaging losses then something needed to be done. If the leader of company B decides that a shift in work schedule to see if working every business... read more

Power Division not so powerful!

So, all the focus is on Houston. What’s the future of the Charlotte Office? From what is seen in the field you have a dysfunctional group, it appears that much work is required to unite the CB&I legacy employees and Shaw Group. Remember there’s no “I... read more

Whats behind frozen salaries

When corporate america takes steps to freeze salaries to analyze the compensation structure of two companies, be assured that one side of the company thinks the other side is getting overpaid. Guess who that side is....
by Those lakeside glass buildings sure were nice | Post ID: @Ts1iXyW
878 views | 6 replies (last )

TX CBI Perspective

So within the last week McDermott Corporate HR has forced former CBI employees to work an extra day and frozen salaries for all. Add to that the longer daily commute from Woodlands to our new home, it's just another hour from my day. Too many of my... read more

CMS

At what point does policy and procedures become counter productive? Yes a company needs guidelines and procedures. However, like everything you can go overboard. What is more important is company culture. Doing what is right by the customer so they... read more

Good luck

I left a while back and got a good job with a stable company. The shining light of the transition was the guy who got rid of all the people making a difference in HR and then claimed that the programs they created and he tried to kill were his ideas... read more

Tyler office

Anyone hearing what will happen to the Tyler office? Got a good group of engineers that have been working together for a long time. Just need a chance to get back to winning way to show off our abilities that built the EPC company.

The Energy corridor

We are gone either way so whats the difference? At least we would get to stay in The Woodlands a bit longer instead of being moved to The Energy corridor where no one wants to go

McDead-on-arrival

Congrats MDR. You just bought a dead company. I give it a year and new MDR will be in bankruptcy.

McDermott Backstabbing????

One must really question the management team from McDermott. Through the entire "Merger" process there has been a lack of transparency. Numerous times what has been told to CBI folks has been the opposite of what has come to pass. Latest is that... read more
by Anonymous | Post ID: @STwr994
466 views | no replies

CB&I Lawsuits

What happens to all the lawsuits against CB&I? CB&I = Cheap Basta*** & India

McDermott purchasing CB&I...

McDermott purchasing CB&I will turn out to be the same disaster as when CB&I bought Shaw. Eventually it will implode. Two bankrupt companies cannot save each other.

McDermott long distance travel policy

Was wondering if anyone could enlighten me as to what McD's current travel policy is for long haul flights? CB&I currently allows business travel on flights longer than 6 hours.

CB&I

Didn’t see that coming! Could be a great venture!

McDermott Layoffs 2018

I started with the company this year and I already hear that we may have redundancies and job cuts in Houston.

Hiring

is this company hiring? I applied over a month ago and not heard anything and the job is still listed, just curious what is going on? Thank you
by Anonymous | Post ID: @OrGNEl6
591 views | no replies

McDermott Layoffs 2017

I'd like to see if you think that our jobs are safe - I am referring to Houston.
by Anonymous | Post ID: @KvoYThQ
856 views | no replies

In McDermott all procurement gone

More than 200, the hemorrhage is not stoping since last December . Oldies are kicking out or retire-or-retire recipe. Basement gym is a jointed house. All gone, they are seeking the procurement director head now! Evil.
by Breaking Bad | Post ID: @GdmJY6X
1015 views | no replies

McDermott Layoffs 2016

What is the likelihood of McDermott layoffs in Houston in 2016? Please let me know if you have any information.
by Anonymous192921 | Post ID: @EjhvJyB
1241 views | no replies

Potential layoffs looming

MDR is canceling the lease on one floor at their Houston office. No indication from management if this means they are laying off everyone on that floor or just moving them around. When asked manager just said it does not concern the employees... read more

McDermott Layoffs 2015 and beyond

With oil prices falling and commodity prices including metals still low, we at McDermott may see many layoffs in 2015. I do not have any insider info right now but my gut feeling tells me that 2015 will be an interesting year for us and that we will... read more

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