Has anyone heard anything about more layoffs this year ?
6 replies (most recent on top)
Town hall this Friday, a layoff this week seems highly likely.
Good luck to anyone that actually wants to stay on with this sinking trash barge of a company.
Here's a thought...will Hurricane Harvey delay any layoff plans OII had in mind or will they proceed apace? My guess is that it would change things by a week or two at most, assuming the were aiming for September. Regardless, I know we're about due for another round especially with the amped up shuffling of groups and ever increasing reliance on offshored engineering support
Been trickle of layoffs in survey all year. Doesn't make sense to pay 230m and dismantle. Seems to be the OI way of operation.
Heard the same !
That's like saying, "water's wet". But yes, almost certain after lackluster earnings reports. And almost certain after decent earnings reports. Basically certain.
There will be one before the end of the year.