Anybody notice how CB&I made sure to use the words "could be " when announcing supposedly temporary layoffs at Walker pipe fabrication yard? I'm willing to bet my house that it has already been decided that majority of those (if not all) are... read more
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Topics regarding layoffs at Chicago Bridge & Iron
Who thinks McDermott will ditch CB&I employees?
GUlf coast Amonia and TCO to be announced soon. Golden Pass and Rio up next. We with those 2 and these 4 will deliver us back to the top
Layoff is in February just a heads up,I know someone that works for the state warn notice issued already for layoff in February. Your welcome Is this referring to layoffs that have already been announced for February, or is it talking about something... read more
Not a peep from anyone. People are worried and fearing for their livelihoods, yet cbi nor McDermott care. Not a good start.
Very good source stated MDR was able to secure loans to negotiate lower payoffs. Share the profits with execs from both companies. Sell tech. Payoff debts and net over a billion. Cbi will then be dissolved. It’s a perfect plan to get the execs rich... read more
40 people layoff agine this Friday.
I have been told the the Tyler offices are going to be closed anyone else think that’s true?
McDermott if smart will fire all management and hire condience people from well know companies! Existing is corrupt!
I hear there is another layoff scheduled at the Walker facility. Pretty soon there won’t be anyone left there!! I wonder if the facility is closing?
The CBI corporate busy bodies will get slashed. The whole HSE group, Quality and the rest of global services will get flushed. It’s about time to pull that plug any way. Posted by . Anybody knows if this is based on something concrete or... read more
In most merger usually a write off! Yes true is for Onshore Technology McDermott will control and establish their own onshore group most of CBI employees gone
CBI keeps talking about their $100 million cost reduction program. Has anyone explained just what that program is and how they plan on going about achieving this?? Their laying off people and letting good people go will not achieve that objective... read more
It reminds me of an illfaited “love story” where two recovering addicts fall for each other while falling apart and get hooked on that sh-- again until eventually they both just over dose. Good luck, I wouldn’t trust an addict if I were you.
Has anyone heard anything about something happening on this day? Just a new rumor circulating.
So the good engineers in Tyler could still jump ship. Other engineering firms have their sharks circling, waiting to snatch them up. Tyler has cream of the crop Process guys. If they lose those guys Tyler will be in trouble.
Only silver lining for CB&I employees now is that McDermott wants to have a functional on-shore group and they should try to preserve the workers bees. Otherwise, if CB&I let people go at the current pace, there will not be an onshore group left. At... read more
CB&I is full of crooks in management, why would anyone want to buy them. Notice nobody in the business bought them, they knew better. Treat your employees with respect.
JUST READ ARTICLE WHAT DAVID d---sON EXPECTS FROM CBI FIRST HE NEEDS TO FIRE ALL MANAGEMENT SECOND HIRE BETTER ENGINEERS THIRD REPLACE MOST THE DESIGNERS THE NEW COMPANY IS MCDERMOTT! Senior management is resigning taking millions!
I don't know about you guys, but I serve an awesome God. He is bigger then any business all the stock markets and oil markets. With that being said I am placing my faith in Him to provide according to his will. Stop being negative and just take it... read more
CBI was purchased by McDermott for the technology Wake people! Is Deal is bad for both McDermott took on big debt they can't afford!
Just wondering if anyone else thinks it wrong that they made us put in our time today for WE 12-24-17, so they could have it all approved by noon CST. And they threatened that if you don't that your check may be incorrect or delayed.
CB&I has created a hostile environment with their poor work ethics. I am really surprised someone has not sued them yet.
Take a look at the McDermott CB&I thread on this site. Looks like management at CB&I will have it coming to them in the not so near future. Ouch!!
Starting to feel like a used up h--ker as many times as we get passed around over here at Sunland. We just want some damn work, and get flurry the hell out of here.
It's a buyout by McDermott CBI is GONE!
McDermott is overseas and offshore. Cbi is onshore. McDermott needs an engineering dept. Cbi has one. Tech is worth a Mint. This new company will get a new name. Be more robust and provide way more than cbi alone without tech. It’s a win win.
Hey folks read between the lines McDermott ownership. cbi CEO is history equals they bouc technology CBI bought 6 billion dollar loan to settle debt equals cbi Gone
There you have it. You've seen it here on templates69.ru last week first. Then someone posted again a day ago. So much for all of those who say this site is fake news - we'll see what happens and how things transpire, no matter what happens there will... read more
SOMEONE GOT THE GREEN AND WEINEY THE JOKE IS ON MCD
Despite my UH degree and my years of exeperience as a CBI PM. I'm failing to see how we can combine 2 market caps at ~2 Bn a piece and come up with 6 bn? Can someone help me with the math?
be sure and read the entire news release. $250 million in additional cost synergies - this means MORE LAYOFFS - as it is in addition to the $100 million in savings already underway by CBI.
Came in just long enough to make a mint. He and Asherman will be golfing within a few months.