Brought this over from McDermott board, @RjgtfbP-xkrt makes a good point.
I would think both CB&I and McDermott should be concerned. One is not safe over the other. I have heard both companies have non performers, duplication of work and although I am at McDermott, I know several good folks at CBI who are sharp. They have to have a location desirable to both. This is not a acquisition, this is a combination folks. Naturally there is duplication in some departments, but CBI is probably triple the workload over McDermott. They are heavy domestic. I try to stay mutual. No one is safer than the other. May the best survive and mediocre move on, from both companies so a new company can come togeather and do great things. Location is key for both sides, and impacts everyone. But don't just assume that Dave will rid of CBI folks, they have PWC reviewing each department, on both sides for duplication, and then who best fills their role. I think a lot of folks will be surprised when the dust settles. Department heads have met to discuss already. We are all just waiting for the ball to drop.