Any rumors about what is going on with the tank sale? When it might happen, who the buyer will be, etc?
Topics regarding layoffs at McDermott International Inc.
Face it. Y'all were completely wrong. No Lummus sale. No bankruptcy. No mass layoffs. Goldman didn't take over. DD is still the boss. This is the best company to work for.
I usually don't pay that much attention to how many people are leaving, but lately it has reached a point where even I took notice. And it's not just employees, managers seem to be leaving McDermott in droves on their own, which is the part of all of... read more
Competitive pay and benefits! Employee training and development! Interesting work! Great work-life balance! A bright future! Smart, industry-savvy leaders which think outside the box, with unquestionable of integrity! A track record of success in... read more
HR (Ms. Piggy) will be hosting Kool-Aid and cookies at 2:00 pm. Come drink the Kool-Aid, it will change the way you think.
Get out before this sh-- stain of a company makes your resume untouchable. Wish I left a LOOONG time ago but stuck here now.
So with the wheels coming off the legacy McD projects (less Middle East) how long can they blame all the problems on CB&I
New Kind of Company. GPLNG. Focus Projects. Fully understand. All behind us. Didn't say that, what I meant was. New Kind of Company. GPLNG. Underbid. CBI's fault. Backlog. New projects. CPI. Offshored. New Kind of Company. GPLNG. CPI stretch goals... read more
HR (Ms Piggy) will be hosting Kool-Aid and cookies today. Come all and drink the Kool-Aid. It will change the way you think.
Double D lost $168,000 but why is it before the bell? Tanks sold? Wait and see.......
I am literally working in a department where my boss also has his son working for him. And other family members as well. How do I even go about this when HR already knows. The bias is ridiculous.
Or the beginning of the end. 27% drop is nothin - CBI used to drop 30% multiple times a year. Don’t fool yourselves either - this is CBI all over again. Buying projects with no understanding how to execute.
Any factual information known about the CBI office in Plainfield? Always a lot of hearsay about building being sold, a move to Houston, pending cuts, etc. Lost lots of good people gone who had the experience and know how to get things done. All that... read more
So our stock is near worthless, we’re losing money on every major project. We’re cutting another 200m in employee costs. And shipping them overseas But we now have a long term lease on a brand new office complex in a high rent district.
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
The good news — the JV won! The bad news for McDermott folks — Chiyoda is doing pretty much all engineering (in Yoko Ono) and Zachry most of the construction (except OSBL I think though not sure what the final DOR looked like). The tanks though are... read more
Lummus is not all they are cracked up to be. Full of politics and bullies. Lummus you think you know it all, the fact is you do not know anything. Andy needs to go back to India, Pat is a nice guy but not a leader and John is a politician. Need... read more
How bad will the quarter be? In the 4q call how many times will the ceo try to distract analysts by using buzzwords. "CPI." "One McDermott Way". "Synergies". "Focus projects." "All CBI's fault." "Underbid" "Look at that shiny object!" And now new... read more
Looks like more CPI will be coming down early next year and this won’t be coming from the tank and pipe sale.
"Things fade away 'till it's over That's what they say" The Tyler office is moving to new space; supposedly to save money and profit from the sale of the 5th Street campus. But it will also hide the fact that we are but a shell of what we once were... read more
The hot new trend in employee initiated separations. Some companies deserve it.
I left McDermott not long ago. I saw lots of companies with flex Friday schedules, good benefits, employees that like their company, and employees that think their company respects them. One company told me that they wouldn't have considered someone... read more
CB&I Houston is fighting for their lives. Years of poor management and unskilled workers are catching up with them. They figure if they point to other offices it will take the light off of them. The truth always comes out sooner or later.
No matter what, I wish all of you a Happy Thanksgiving Holiday!
The official anounsment can be found at the company websight what is below is just part of the oficial release, HOUSTON, Oct. 30, 2018 /PRNewswire/ -- McDermott International, Inc. (NYSE: MDR) today announced it has completed a comprehensive... read more
Need to hire smarter people and put them in charge. How long does it take for you to realize your business model of HR, recruiters and widgets does not work? When I buy something, I want it done right. It is less expensive in the long run. It's not... read more
Evaluate your management's performance here.
I really like our cultural integration live stage shows. They are like Sesame Street but without paying for HBO. "Say kids, how does the One McDermott experience make you feel? Is it this way, the Happy Face? Or this way, the Frowny Face? Or this... read more
so an algorithm can decide if you will be fired just in time for Christmas!
I quit my job at McDermott and went for a better paying job a couple of months ago after a 6-year string and I have to say that it’s much easier to look at everything that is wrong at the company when you look from the outside. The truth is when you... read more
Not only can we now buy our on vacation time, we can now buy our own STDs. Thank goodness it’s almost BJ Friday!
Funny how Houston always wants to point the finger at someone else like Tyler. Just goes to show how professional these jokers are. What a bunch of twits. Ever wonder why CB&I had so many lawsuits at the end?
For the fourth quarter of 2018, McDermott expects to report an adverse change in estimate of approximately $168 million, due to unfavorable labor productivity, and increases in subcontract, commissioning and construction management costs.
The only way to pay off banks & PIPE & end overhang of F projects. Watch.
Most combinations fail, moslty cause a culture mismatches. So sayeth HR. MDR and CBI aint a good fit, trying to make them fit would be like sending these CBI dandies to conversion therapy. It just don't work, they was born that way. No surprise if... read more
I just heard that the shop in Walker was sold to Brown and Root? Has anyone heard anything??
It’s bad at the Plainfield office. It has been for a while. Morale is at an all time low and management purposefully keeps employees in the dark on everything. The management “style” at Plainfield is willful ignorance vague, meaningless platitudes... read more
Any hints, laddies an' lasses? How much gold did Goldman go through? How unclear are the Out of Focus projects already a year since the merger was announced? Was there any real due diligence or only doo-doo diligence? Enquiring minds want to know!... read more
Heard a rumor that Chiyoda pulled out of the MZLNG JV. Also, RGLNG is waiting for Saipem to sign the JV this month.