Topics regarding layoffs at ION Geophysical Corp.

Topics regarding layoffs at ION Geophysical Corp.

It ain't getting better!

3.65 stock price! Div that by 15 to get to the true price - ION did pretty well surviving the carnage up to this point but I don't see them surviving the next wave of sub $40 oil that we seem to be headed to. Probably time to start laying off more... — read more 

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| 1840 views | | no replies yet
Post ID: @OP+OetKFuX

What's OceanGeo doing?

What the hell is going on with OceanGeo. I see they have employees jumping ship, a CEO with zero charisma or personality, and no sign of any of the promised contracts (Nigeria, Brazil, etc) how long is Brian planning on keeping this failed experiment... — read more 

OceanGeo failed a long time ago

OceanGeo failed a long time ago, but there is a plan. New magic nodes. Not like everyone else's nodes. OG nodes will be better, because they are a fantasy of Brian and his friends. Magic fantasy nodes from OceanGeo, are simply better in every way in... — read more 

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| 2091 views | | 1 reply (June 5, 2017)
Post ID: @OP+NpjqFub

Where's Brian?

Really, I mean, ever since the earnings came out I haven't seen him in the office. I know he is allowed time off, but with a failing business division (looking at you OG) he'd be in the office 18 hrs a day.

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| 2080 views | | 1 reply (May 22, 2017)
Post ID: @OP+Nn6cgqy

Q1 Results

Looks like the Q1 results make for good reading. Enjoyed reading Lyin Brian's observations on The OBS market, all complete and utter lies of course as Oceangeo doesnt even have the equipment to be viable bidders on any jobs. Company is screwed and... — read more 

Ooops he did it again

Well done our illustrious leader the CEO. See you and you buddies all got more money to live off and we still have a 10% reduction. How come you've achieved zero as a CEO but still manage to take a bonus of some sort each year. Most companies set... — read more 

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| 2150 views | | no replies yet
Post ID: @OP+N5IJ5jE

Texans need your support

Hi Brian, Please help pay for our new quarterback with frequent visits to our games this season. Forget profit, cash flow, investing wisely, looking after your loyal employees. We need your support. The Texans

Executive Earnings

Executive compensation details are out. Looks like the people at the top are not being affected that badly by the downturn! 3rd year in a row the CFO's total compensation has increased while the profits decrease!

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| 2220 views | | 8 replies (last April 26, 2017)
Post ID: @OP+MRf9u3a

Another thread removed

What was wrong with the post that disappeared within 24 hours? It's the truth! Meanwhile stock price continues to fall and senior executive management continues to be paid too much! I cannot wait to see the excuses for Q1 results due soon.

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| 1742 views | | 1 reply (May 2, 2017)
Post ID: @OP+MNaAwwC

Is it me or am I crazy?

Wow, just sat through ANOTHER pointless company strategy meeting. I mean there was a bunch of 'When the industry turn were gonna be well positioned to do this and we'll positioned to do that'....blah blah blah. How about instead of blowing millions... — read more 

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| 2260 views | | 3 replies (last March 28, 2017)
Post ID: @OP+MsX7uFC

What just happened?

Everyone made huge losses in 2016 didn't they? My ion stock is worthless again. Last one to jump please shut the window.

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| 2130 views | | 2 replies (last February 16, 2017)
Post ID: @OP+LQGTu89

Nepotism Thread Removed

I noticed that the thread about the family members and friends of VP's has been removed from this page. Looks like somebody took offence. Wonder who that was?

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| 2200 views | | 2 replies (last July 25, 2017)
Post ID: @OP+LyPhHs4

Any News?

What's going on down there on the lower floors?

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| 2520 views | | 6 replies (last November 4, 2016)
Post ID: @OP+K83qBje

Will Petrobras save ION?

In a word. No. The implosion at Petrobras will not help us. The fabled, (promised) work from this deeply troubled national oil company is not coming any day soon. Brian better find another promise and quick. We are bleeding cash. Invent another story... — read more 

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| 2950 views | | 7 replies (last November 4, 2016)
Post ID: @OP+JyevYR6

Blind Faith Jay

Shares of Ion Geophysical Corp. (NYSE:IO) rose 8.3% during trading on Friday following insider buying activity. The stock traded as high as $6.19 and last traded at $6.10, with a volume of 84,098 shares. The stock had previously closed at $5.63. Jay... — read more 

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| 2420 views | | 2 replies (last November 4, 2016)
Post ID: @OP+JkhTuod

What Technology?

Following on from earlier post about technology at ION: We have out-dated technology except for glorious Perseus, the slayer of monsters, which doesn't work. It may be fast to fail, and that is seen as being good. Our imaging technology is so... — read more 

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| 2930 views | | 10 replies (last September 21, 2016)
Post ID: @OP+JavM7aR

The troops

The average troop in the trench churning out beautiful data ( we do still do that FYI ) and bringing in those precious dollars is now a rare commodity at ION. The mid, lower-upper, mid-upper, higher upper and senior management structure that the... — read more 

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| 2800 views | | 8 replies (last August 30, 2016)
Post ID: @OP+J2xtL6x

Two COO's?

How many companies do you know with 500 employees that need two COO's? There's at least $600,000 of savings right there. What does Usher do anyway?

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| 2340 views | | 2 replies (last August 23, 2016)
Post ID: @OP+IWEy4vb

ONEION?

Can anyone explain what ONION is?

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| 2380 views | | 4 replies (last August 22, 2016)
Post ID: @OP+IWmAFAp

Another thing to say

Why the hell are we spending money on furnishings for a new office space with popcorn makers and other frivolous crap? If management truly wants to cut spending, then why spend on this stuff? No one from the upper floors even wants to go or use this... — read more 

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| 2450 views | | 4 replies (last August 16, 2016)
Post ID: @OP+IPuaXcj

Just sayin'.

Mr. R. Brian Hanson has been the Chief Executive Officer of ION Geophysical Corp. since January 1, 2012. January 1, 2012 : IO Stock = $94.05 Today Aug. 5 : IO Stock = $5.45 94% decline since becoming CEO! All for a miserable salary of $1.32M / year... — read more 

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| 2680 views | | 5 replies (last August 11, 2016)
Post ID: @OP+IJEnHRQ

On the plus side

Guys all the negative commenting is getting old, look at a positive - at least all the senior management now have mammoth sized offices on the new floor.

Global Dynamics - Sailwings Acquisition Puzzling?

Why would anyone waste money on under ice activity? No one is exploring in the Arctic at sub $75 oil. Why would a struggling company like Iongeo buy a technology that no one needs? Could have saved a few jobs there Brian had you been thinking. But... — read more 

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| 1921 views | | 1 reply (April 29, 2016)
Post ID: @OP+H80KL1y

Who is James Lapeyre?

Who is James Lapeyre? What we do know is that he is Chairman of the Board of Directors at ION and also President of Laitram LLC, a "global leader of innovative products and services for many industrial markets" located exactly 0.3 miles from ION's... — read more 

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| 2860 views | | 5 replies (last December 29, 2016)
Post ID: @OP+H8gvjvp

The bad news doesn't stop

Ion got hit again today. Big hit, it might be 60% in total by now since the recent (end of 2014) round of layoffs. The weird thing is that I heard salaried people got bonuses recently. What mixed messages.

Monster Job postings..

Are the geophysicists job postings on Monster real? Mail in resumes?.. what an ancient technology.

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| 1820 views | | 2 replies (last February 25, 2016)
Post ID: @OP+FVgQPwh

No holiday layoffs this year?

I thought for sure there would be more layoffs right before the holidays. I am shocked that they didn't cut another 20+ percent of their workforce to avoid giving out bonuses. Maybe there are just very few people left at the company or they are... — read more 

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| 2220 views | | 3 replies (last February 10, 2016)
Post ID: @OP+FhMyFoA

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