McDermott International Inc. Layoffs

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Topics regarding layoffs at McDermott International Inc.

Hundreds of millions

Contractor on $1.4 billion Louisiana project cites cost overruns as it cancels two CB&I contracts. Copy this link and paste in your browser to see more:... read more
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840 views | 9 replies (last )

Quarterly Results end of month

Any word on sizable wins that will get the stock price up? If not I fear some heavy activity on this thread. Don't see much contribution from CB&I.
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910 views | 11 replies (last )

Cultural Integration Summits

Has anyone been selected to join one of the cultural integration summits? If so, what is being covered?
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1297 views | 12 replies (last )

The 99% Speak

Flexing was a nice perk; however, how many companies offer it? Grow up. Companies move all the time. Employees either move too or find something else, sorry this is how the real world works. Whining on here will not change your situation
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938 views | 5 replies (last )

CPI = budget cuts and staffing reductions

As a former long term McDermott employee who survived the MPI program but not the FTG program here’s a little translation for all the new McDermott employees formerly CB&I. They announced the CPI program about the time I was made redundant. This is a... read more
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1306 views | 16 replies (last )

Lifeline Provided

If your company (A) was just bailed out by another company (B) because company A's projects were hemorrhaging losses then something needed to be done. If the leader of company B decides that a shift in work schedule to see if working every business... read more
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851 views | 10 replies (last )

Power Division not so powerful!

So, all the focus is on Houston. What’s the future of the Charlotte Office? From what is seen in the field you have a dysfunctional group, it appears that much work is required to unite the CB&I legacy employees and Shaw Group. Remember there’s no “I... read more
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610 views | 3 replies (last )

Whats behind frozen salaries

When corporate america takes steps to freeze salaries to analyze the compensation structure of two companies, be assured that one side of the company thinks the other side is getting overpaid. Guess who that side is....
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884 views | 6 replies (last )

TX CBI Perspective

So within the last week McDermott Corporate HR has forced former CBI employees to work an extra day and frozen salaries for all. Add to that the longer daily commute from Woodlands to our new home, it's just another hour from my day. Too many of my... read more
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1210 views | 17 replies (last )

CMS

At what point does policy and procedures become counter productive? Yes a company needs guidelines and procedures. However, like everything you can go overboard. What is more important is company culture. Doing what is right by the customer so they... read more
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559 views | 3 replies (last )

Good luck

I left a while back and got a good job with a stable company. The shining light of the transition was the guy who got rid of all the people making a difference in HR and then claimed that the programs they created and he tried to kill were his ideas... read more
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583 views | 3 replies (last )

Tyler office

Anyone hearing what will happen to the Tyler office? Got a good group of engineers that have been working together for a long time. Just need a chance to get back to winning way to show off our abilities that built the EPC company.
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954 views | 10 replies (last )

The Energy corridor

We are gone either way so whats the difference? At least we would get to stay in The Woodlands a bit longer instead of being moved to The Energy corridor where no one wants to go
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612 views | 3 replies (last )

McDead-on-arrival

Congrats MDR. You just bought a dead company. I give it a year and new MDR will be in bankruptcy.
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361 views | 2 replies (last )

McDermott Backstabbing????

One must really question the management team from McDermott. Through the entire "Merger" process there has been a lack of transparency. Numerous times what has been told to CBI folks has been the opposite of what has come to pass. Latest is that... read more
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468 views | no replies

CB&I Lawsuits

What happens to all the lawsuits against CB&I? CB&I = Cheap Basta*** & India
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403 views | 1 reply ()

McDermott purchasing CB&I...

McDermott purchasing CB&I will turn out to be the same disaster as when CB&I bought Shaw. Eventually it will implode. Two bankrupt companies cannot save each other.
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656 views | 3 replies (last )

McDermott to the Woodlands?

Any chance McDermott will be moving to the woodlands. People at cbi are saying there is plenty of room.
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2123 views | 13 replies (last )

McDermott long distance travel policy

Was wondering if anyone could enlighten me as to what McD's current travel policy is for long haul flights? CB&I currently allows business travel on flights longer than 6 hours.
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1240 views | 10 replies (last )

CB&I

Didn’t see that coming! Could be a great venture!
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2361 views | 12 replies (last )

McDermott Layoffs 2018

I started with the company this year and I already hear that we may have redundancies and job cuts in Houston.
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1628 views | 3 replies (last )

Hiring

is this company hiring? I applied over a month ago and not heard anything and the job is still listed, just curious what is going on? Thank you
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594 views | no replies

McDermott Layoffs 2017

I'd like to see if you think that our jobs are safe - I am referring to Houston.
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859 views | no replies

In McDermott all procurement gone

More than 200, the hemorrhage is not stoping since last December . Oldies are kicking out or retire-or-retire recipe. Basement gym is a jointed house. All gone, they are seeking the procurement director head now! Evil.
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1016 views | no replies

McDermott Layoffs 2016

What is the likelihood of McDermott layoffs in Houston in 2016? Please let me know if you have any information.
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1242 views | no replies

Potential layoffs looming

MDR is canceling the lease on one floor at their Houston office. No indication from management if this means they are laying off everyone on that floor or just moving them around. When asked manager just said it does not concern the employees... read more
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1119 views | 1 reply ()

McDermott Layoffs 2015 and beyond

With oil prices falling and commodity prices including metals still low, we at McDermott may see many layoffs in 2015. I do not have any insider info right now but my gut feeling tells me that 2015 will be an interesting year for us and that we will... read more
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1030 views | 1 reply ()

Guess what this indicates: Shares of McDermott International Inc

Guess what this indicates: Shares of McDermott International Inc. tumbled Thursday after the offshore drilling platform builder reported lower-than-expected first-quarter profit. THE SPARK: McDermott said late Wednesday that it made $20.6 million, or... read more
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829 views | no replies

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