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TechnipFMC was formed through the merger of FMC Technologies Inc. and French oil-services Technip SA. On January 17, 2017, TechnipFMC announced that it is operating as a unified company after completion of the merger, which created a significant new player in an energy industry wracked by a nearly two-year slump in crude prices.
TechnipFMC has three headquarters in Houston, Paris, and London under new Houston-based CEO Doug Pferdehirt, who worked as FMC’s chief operating officer. Former Technip chairman and CEO Thierry Pilenko is the new executive chairman. [3] In August 2019, Doug Pferdehirt announces that TechnipFMC will be split into two independent engineering ...
On May 19, 2016, it was announced that FMC Technologies would team up with French Technip to create a new company called TechnipFMC. After the approval of regulatory authorities, TechnipFMC began operating as a unified company in Jan 17, 2017. The all-share deal resulted in a company with a market value of about $13 billion. [9]
Corporate America can't seem to lay off workers fast enough. U.S. employers have already axed north of 100,000 jobs this year according to the latest figures from data firm Challenger, Gray ...
Rather, the layoff will affect corporate support roles, which, combined with other non-store roles in store development, roasting, manufacturing, warehousing, and distribution operations, account ...
Nearly 40% of companies reported layoffs in 2024, the outplacement firm noted, saying that was a noticeable increase from 28% in 2023. The outlook for 2025 appears cautiously optimistic. Not all ...
The Worker Adjustment and Retraining Notification Act of 1988 (the "WARN Act") is a U.S. labor law that protects employees, their families, and communities by requiring most employers with 100 or more employees to provide notification 60 calendar days in advance of planned closings and mass layoffs of employees. [1]
Delay in Austin hospital opening one of factors in layoffs of about 1,000 people. Skip to main content. 24/7 Help. For premium support please call: 800-290-4726 more ways to reach us. Sign in ...