Thread regarding Chicago Bridge & Iron layoffs

Please stop the bleeding

If the rumours are true tomorrow we hear the faith of the co

It is about time and whatever will happen it will be better.

We still have 1 guy actually doing the job and 20 incompetent managers on top of that booking time to overhead.

Most of those managers have zero project experience yet they will tell you how the world works instead of listening.

They need to be fired as well as the clowns who allowed them in those positions.

We are still way to fat on overhead.

The current incompetent leadership wont change that as that means their empire will go down

Only an outsider can stop the bleeding and that must happen really soon.

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Post ID: @OP+QMRWVWG

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Well said - how to kill a 100 year old company sldeserves its own thread!!!

But it'll also be the executive summary of a class action suit soon.

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Post ID: @bzl+QMRWVWG

“How to Kill a100 yr Old Company”, by P. Asherman

Chapter 1: buy lots of other companies - “be a growth Stock”

Chapter 2: pay big salaries to Sr. Leaders (milk that cow)

Chapter 3: Slap together CMS- pretend things are good!

Chapter 4: Borrow Money, Buy Shaw, raises for Sr. Leaders, and go Nuclear!

Chapter 5: Blame Unions for bad Quarterly results

Chapter 6: Sell Shares - The jig is up.

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Post ID: @khg+QMRWVWG

It is the same ole story everywhere. Incompetent management. You used to work your way up and when you got to the top you had a clue on what is going on. Now it is MBAs, bean counters and finance majors that have no actual experience about the business. Makes you want to quit buying crap that does not work.

Watch Pike River, listen to why there was an explosion. Reminds me of CB&I all over, it is sad. Experience is worth it.

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Post ID: @duw+QMRWVWG

Either rumors are true or 4th floor trying to catch mole. Only one VP in Corp off any good- rest need to have lying bumble butts fired couple probably need to go to jail. No matter what said company dead no awards but tiny feed they pass off as E&C. Three quarters and less than 400m in new business. Can’t count tech since for sale. Lie to employees while cutting deep in support, but then support just so much trash to throw away right before merry f Christmas. May god have mercy on their souls even as they show how greedy and selfish they are.

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Post ID: @drx+QMRWVWG

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