Word on the street is a buy out is coming soon , a lot of people will loose there jobs.
7 replies (most recent on top)
in reply to this person post "Word on the street? lol.. if you cant post a source to your 'Rumor" why post at all.. ignorant"
isnt posting anonymous even more ignorant. Seems like the pot calling the kettle black. Seems tome your the Ignorant one
Oi has horrible management. I was with DTS (as a offshore service tech for almost 6 years) before and during the IWOCS merge. Glad I was able to get out when I did. Best choice I’ve ever made. Between the layoffs, good ole boy system, and low pay/non existent raises I don’t see how anyone stays.
Word on the street? lol.. if you cant post a source to your 'Rumor" why post at all.. ignorant
So who is the company buying OII? Out here on the rigs the word is its Baker...Any confirmation on that? I cant find any articles on the internet confirming these rumors
Not sure where the funding would come from given the lack luster performance of our senior management, plus the fact that they fired most of the people who truly understood & managed this business..........the company has become a donkey, not worth a buyout or a target for acquisition.
The first people should be management for so many bad buys and decisions during the continued downslide. Who is going to buy OI? The management has already gotten rid of some of the best, most innovative employees. Certain there are some good people hanging on but the reality is there is no where to go. Doesn’t make sense. What would be the point of a buyout now?