Thread regarding Chicago Bridge & Iron layoffs

CB&I in Dire Straits

Morale is super low in the company now. Almost all workers are expecting a call from HR and then be escorted out as some kind of a criminal.

Cameron LNG is ruined by indecisiveness of the incompetent construction managers and superintendents. Freeport LNG is in knee deep stuff due to terrible planning. Then there are a few ethylene projects mismanaged to the best by indecisive construction managers.

Partnerships we formed with Zachary and Chiyoda are in jeopardy due to bad project management. Chiyoda appears to be treating CB&I as a heavy burden than a valuable partner.

Some senior VPs in charge of LNG projects rumored to be in bed with subs for their own personal benefit.

If CB&I needs to recover, company needs to change the company culture starting from Construction, Project Controls, Engineering, HR, etc. Furthermore, CB&I needs to stop promoting incompetent personnel to VPs of Useless Fluff. Perhaps, CB&I’s spectacular failure will be a learning topic in future management courses like that of Enron.

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Post ID: @OP+Qe2V3Cq

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Post ID: @Qe2V3Cq-8nbm:

Which project up load is taking craft from CLNG? The ethylene project or another company’s project?

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Post ID: @aois+Qe2V3Cq

Cameron is being tanked because a project up the road hiring all the talent. Notice there isn't any craft shortage according to the earnings call. Must because they plan to let the project die. The rumor is that they plan to bankrupt the JV.

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Post ID: @8nbm+Qe2V3Cq

They need to start looking for non-cbi groomed experts to get this back on track. Hire from the outside and replace these incompetent people trained by the jokers that put the company in this place.

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Post ID: @1bov+Qe2V3Cq

Everything is bad. Poor management, lawsuits and deaths. Does it get any worse?

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Post ID: @urd+Qe2V3Cq

I just don't see a happy ending to this story, everything seems so bad.

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Post ID: @pmu+Qe2V3Cq

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