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.
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Were they tru?
All the infighting and finger pointing amongst the cbi factions is mostly irrelavent now.
The better peeps are gone and no of the units have the manpower to do the simplest of jobs now.
Not only did Dane and Pat not know their business, they could not even sell or execute a project. The managers are removed from the work, they do not have a clue as to what is going on. Instead they are put on pedestals. Phil is not complaining either, walked away with millions.
I say it's Dane Osbournes fault. He's the one that made up that farce training program, "Know the Business - Grow the Business." Him and that id--t Pat Shannon !
If coo-coo suddenly cuts n runs, you know technip is eyeing us
GE has already proved bigger is not always better. How many people remember the golden rule? Do onto others as you have them do unto you.
Screwing employees and customers so that executives can get bigger bonuses is not the answer. Numbers only tell half of the story. All you have to do is walk around and see if the employees are happy.
Buyout? Why, who? Signs aren't there, price too low, focus projects go on, insiders leaving, the new investor in the way. Who would buy MDR? Unless the new investor does it. MDR can't stop losses until focus projects end or MDR goes bankrupt. But bankruptcy maybe not allowed. Things not so bad bankruptcy court will redo focus projects. Then there's our backlog of new focus projects. Who is dumb enough to repeat MDR's mistakes?
When did CB&I bought Lummus? In 2007? And it was already free of lawsuits by then. In fact it was Lummus which had provided cash through it's profit year after year to CB&I. Tyler was too small to count for anything. It was simply a manhour provision store with as poor quality as Houston.
Bottom line is, Lummus is biggest loser in all these transactions. And I am not talking about few who like PM who got lucky, all other in Lummus have lost due to this. Paltry or no raises, benefits down, all while workload and profits are soaring.
First it is Tyler's fault, then it is Shaw's fault. However, CB&I also bought bankrupt Lummus as well. The common denominator is CB&I Houston. Years of no leadership, poor management and unskilled workers has turned CB&I into a statistic, another failed company.
McDermott says be part of the solution. How can you be part of the solution when you do not fix the problems? If you don't you will end up a statistic as well.
Hit the nail on the head:
“CB&I bought bankrupt Shaw and Mcdermott bought bankrupt CB&I. It's as simple as this in my opinion.”
CB&I bought bankrupt Shaw and Mcdermott bought bankrupt CB&I. It's as simple as this in my opinion.
Nice Wallstreet reference. Well done.
Hey, how about MDR's stock price trend? "Blue Horseshoe Loves Anacott Steel".
And sitting on your couches many days from now, would you be willing to trade all the days from this day to that for One Way, just One McDermott Way to come back here and tell our management that they may take our jobs, but they'll never take our Fridays off, Wait they did that, OUR jeans!!!
Whose idea wAs it to buy CBI? We’re now at $2.50 pre acquisition. Couldn’t have done it without you CBI - thanks for the culture
‘The difference between Tyler and Houston, Tyler would ask do you have enough time to do your job? Houston would say hurry up and do your job.’
Such disaalusioned peopke - This is why you don’t have any work. Between ice cream socials, kickball, nap time and the Tyler news letter (which we all get a kick out of - please send distribute the next edition) Tyler never has enough time to win jobs. Not to mention your not near any customers, you don’t speak coherent English and your expensive as hell. You may as well stop while your way WAY behind.
The guys across town aren’t doing much better and they were a lot better and cheaper than you. S---s to be you.
Ouch....$7 range, loosing money here! Come on guys, stop being part of the problem and be part of the solution.....
Look at the upside - Tomorrow is Friday - JEANS!
Who you going to blame when Tyler is gone? They are pretty much gone anyway. All the good people left years ago when CMS started. I have never seen a company so full of itself as Houston. What a disgrace for a company. You know everything. Wished I was that smart :).
Years of no leadership, poor management and unskilled workers is catching up with you.
The difference between an engineer and a businessperson is that an engineer knows what works. A businessperson only knows numbers. Numbers only tell half the story.
When you let projects and purchasing run over engineers, you are destined to fail. You will become a statistic, another failed company.
Houston is a joke. Instead of building people and relationships. They destroy people, relationships and projects.
The difference between Tyler and Houston, Tyler would ask do you have enough time to do your job? Houston would say hurry up and do your job. This is because their project managers and schedulers did not know what it takes to do a job. It's all about hurry up. Houston you are a bunch of losers especially at the top.
Keep chirping to make yourself realevent.
Yep - it’s the jerks from Tyler trying to get in a last jab.
Was this post generated by a bot? It is so generic I don't even know what it means. Or is it supposed to stir up responses? Like "How dare you point your accusing finger at this fine city accusing them of pointing the finger at some other random unnamed city?!!" Seriously WTF?