Thread regarding Oceaneering International Inc. layoffs

More Layoffs 2017

Has anyone heard anything about more layoffs this year ?

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Post ID: @OP+OvZwAAF

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.

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Post ID: @Idim+OvZwAAF

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

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Post ID: @Bujg+OvZwAAF

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.

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Post ID: @8qoc+OvZwAAF

Heard the same !

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Post ID: @6jqf+OvZwAAF

That's like saying, "water's wet". But yes, almost certain after lackluster earnings reports. And almost certain after decent earnings reports. Basically certain.

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Post ID: @2dzz+OvZwAAF

There will be one before the end of the year.

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Post ID: @fkh+OvZwAAF

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