McDermott International Inc. Layoffs

Topics regarding layoffs at McDermott International Inc.

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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| 921 views | |
Post ID: @134DS9mO

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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| 603 views | |
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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| 477 views | |
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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| 2548 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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| 1766 views | |
Post ID: @12MnRlju

MDR Shareholders are Fools

Anyone who would invest in corruption, lies and deceit are fools. It is not the CEO's fault, it is the board of directors. Vote them out are lose your money to the executives. They operate off of intimidation and bulling. What a wonderful company... —  read more 

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| 2486 views | |
Post ID: @WJl63Qg

McDermott: Bullied to Oblivion.

Once upon a time McDermott were a bright shining star in the offshore construction industry, market leaders, developed a global presence and garnered global respect. Sadly, there is no happy ending to this cautionary tale of a once great company... —  read more 

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| 4855 views | |
Post ID: @1168ykGS

All the Best to Current Employees

Used to work at McD. Left in 2015, never looked back. Look folks, this company was the best of the world at one time. I chose to come to work there for that reason and did so for 25 years. We did some of the best offshore projects. When we... —  read more 

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| 1468 views | |
Post ID: @11NugUpd

Whispers of Bankruptcy

Slow paying of vendors and subcontractors. Key people leaving. No new contracts (JV partnerships where MDR is the bridesmaid doesn’t count).

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| 9511 views | |
Post ID: @ZDvPAod

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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| 1597 views | |
Post ID: @12hJw5aT

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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| 1919 views | |
Post ID: @12rmEitx

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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| 1697 views | |
Post ID: @12n0R0Lw

Layoffs?

Anyone else heard that McDermott is laying people off?

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| 1823 views | |
Post ID: @12oflN4Q

Feltham Wages

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

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| 976 views | |
Post ID: @12koQmSL

Vessels were arrested

https://www.upstreamonline.com/rigs-and-vessels/mcdermott-vessel-pair-briefly-faces-arrest/2-1-705313 Upstream reports Helix obtained arrest warrents on McDermott subsea construction support vessels North Ocean-102 and -105. Warrants were placed by... —  read more 

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| 2962 views | |
Post ID: @1200MLik

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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| 4006 views | |
Post ID: @128LsrUN

What then?

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

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| 2946 views | |
Post ID: @126Tu0jO

Take-over?

Chatterjee Fund Management recently bought more than 10 million shares or 5.6% of the stock. These guys own the second largest petrochemical company in India and is backed by Soros. Well this is a decent sized bet even for a billionaire. Will there... —  read more 

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| 3138 views | |
Post ID: @ZC7Rfvx

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