IHI E&C terminates dozens of Houston employees this week

Japan-based IHI Corp. axed several dozen workers at its Houston energy engineering and construction subsidiary this week — cuts the company said were based on employee performance.

Fewer than 100 of IHI E&C’s roughly 400 Houston-area workers were let go, though IHI wouldn’t provide specific numbers.

In an internal memo, IHI E&C President Glyn Rodgers said workers were let go based on employee evaluations.

“IHI E&C recently implemented a thorough and fair company-wide assessment of each employee’s performance,” Rodgers wrote in a memo to employees. “As a result of this process, the company made the decision to terminate the employment of certain employees.”

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Rodgers declined interview requests. He is speaking Friday morning with the remaining employees at a “town hall meeting.”

The company wouldn’t provide additional information, except to confirm the job cuts are related to the ongoing oil bust.

The job reductions come as IHI is expanding its real estate footprint in Houston. IHI E&C is scheduled to move early next year into the new West Memorial Place Phase Two building in the Energy Corridor. IHI was slated to take over six floors in the building.