Thread regarding Oceaneering International Inc. layoffs

Morgan City Office

Morale horrible, back stabbing, people packed their offices just in case. If you are in clique your safe. It's a waiting game for people - they are being told they may have a job, they may not.

It's sad when People on street knows when layoffs are going to happen or who is getting the ax

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No

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So we now have a 'happy' workforce?

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Only a matter of time before someone who supports our Management blames the 'difficult business environment' . Which is partly true, so let's say 60% is the market with the rest being our management .

So what about the $500m+ spent on non-profitable, stupid acquisitions over the past 5 years, which has delivered nothing to our bottom line. The countless business consultants brought in at great cost. Then look at our structure, now we have a Chairman, CEO, President, COO, SFO, SAO plus countless SVP's etc....and growing. Five years ago, we had nothing like this structure but a lean mean organisation that worked. That's why we are in this mess, too many snouts in the trough.

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So why no

Layoffs in upper management or any of thier staff???? All are cut yet in Morgan City anyone associated in the exec wing are untouched??? Not balanced and not showing any sort of. It is just business. Be fair cut all or leave all

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The reality is the ones that remain are of two types.... the ones that love manipulating and controlling others easily with a bunch of fake bs and little money and those psychos that love to s--- up the pitiful drops of attention from the manipulators who have convinced themselves that they are important and innovative and are untouchable like the manipulative clique that laughs at the psychos behind their backs. You will all be gone soon. Change is inevitable. So glad that you all are so prepared for it and love it. The fox will be back to completely clean out the henhouse and start a new farm without the psychos.

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The reality is, it's about survival in a difficult business environment. You can thank the current administration. To them it's about social justice, however they define it. Don't blame Oceaneering, they're doing what companies do to survive, no matter how unfortunate it is for their employee's, that's just reality across the board, they're doing their best as a business, it's really nothing personal.

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This site is looking for feedback about layoff's, not feeling sorry for ourselves! Comment on the Senior Management approach, attitude etc.........and keep it constructive.

A great example, Asset Integrity have just appointed a VP of BD, sounds good, but he's transferring from another BU without much success in his earlier roles, with no experience in AI, he lives in Stavanger, where we have no customers, and he's in the wrong country, since AI in Norway is about breakeven. 'Wise' management decision or what!

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Not great anywhere but stay positive and don't let the b...........ds get you down. A common theme across Oceaneering is ability means nothing, nowadays it's all about spin, great in the short term but god help the company in a year or so, when the 'promises' turn to nothing.

The current market is still poor, rather like our senior team.

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