According the severance policy, we are entitled to 3 weeks of pay per year of service. That easy to calculate, and I will have a spreadsheet current for the next couple of months so that I can tell HR whether or not the number on the check is... — read more 

People who can please their boss, even though they are not really good, mess, lazy but they are smart ass, they always ahead from a good employees, too bad so many boss can't see it or they know it but they don't care. Leadership Team is bias and... — read more 

Whilst I await the day I'm probably laid off, I thought of some movie titles that could probably describe the entire affair. Add yours! Dead Man Walking Day of Reckoning There Will be Blood Eight Men Out The Texas Chainsaw Massacre No Tomorrow... — read more 

I tried to get the any new information about the layoffs from my supervisor and I got the standard "I know its stressful, just hang there" speech. But, the odd thing is, a few hours later, I got a request thru linked-in from him. Either, I'm gone or... — read more 

increase dividend. Cut gom. Cut people. Is mulva back?

Unknown to me if the trip to the conference room was a promotion or a termination. Discussions were ongoing with management and HR for a promotion at the time of the layoff. Good spirits regardless of the end result of the meeting in the conference... — read more 

chevron gave its severed employees 2 months notice. WOW. Novel idea. Treat people with respect. Cop walks you out. Won't let you pack your office. Treats people like criminals not the professionals...cop is a joke.

The negative energy in our office is palpable!! All this layoff talk has people waiting around for the hatchet to fall....wish they would get'r'done and carry on with business, even though I will probably be one of those that gets cut!

Word from HR is the new severance package heavily favors the company. Any word?

Lean management reigns !

Has anyone heard if and when they are to be removing our office plants as part of the COST initiative? I am very attached to mine and wondered if there would be opportunity to purchase?

If you do not have any authentic information it's best not to comment you are not doing any favors to yourself or your colleagues by spreading rumors.

If an employee has informed their supervisor that they would like to stay within their asset and interview with the new company that potentially buys the asset, are they less likely to be laid off? Reason being, the company might avoid paying... — read more 

To Ryan Lance...You are so fired!

Where is our leadership? Since COP announced more reductions, leadership has been hiding out and cannot be found.

"Every company I know of, including Chevron, Exxon, BP, Apache, Anadarko, every company, you name it. They are all exceeding their cash flow. That's not sustainable. Something's got to give," he said. Gheit said the industry will have to look harder... — read more 

Any one else think the cash they're gaining from selling all of these assets is in preparation to buy acquire another upstream company like Hess or Anadarko? Larger market share and more complete domination of upstream?

Good luck on archiving all the deepwater prospect data. Once everybody gets laid off in the group, nobody will be able to locate it. No database, no system, no disipline. If you needed to find specific prospect data you had to "ask somebody". Once... — read more 

Aw come on?! There are so many of us who just want to retire but would miss out on the juicy severance payment, so we wait and stay in our jobs for a little longer. Why not just have a voluntary program like ALL THE OTHER COMPANIES DO instead of... — read more 

All the BUs have crazy number of expat, mostly Senior Mangers are Expats what is there future? will COP consider laying off these heavy burdens? who take big salaries..and consider replacing with cheaper local labor

WIT at 45$ barrel at what point COP Management (ELT) press the panic button? At 45$ barrel all of Canadian/Lower 48 operations are under loss as operational cost is higher than 45$ wti cost, how long can COP management afford to run at this point?... — read more 

The announcement email was rather abrupt, vague, and in my opinion ominous. Anyone have any insight?

Good or bad move? What are your thoughts?

the race to the bottom... at what point is the drop in the stock price not part of the upper management corporate strategy? under $50 today. The lowest price since the upstream / downstream split.

Raising dividend by a penny and cutting the deepwater (and of course cutting more staff!). WoW it sounds like a disparate move!! Clearly the move was not well received by the investors, it sent ConocoPhillips Stock to a New 53-Week Low…way to go Ryan... — read more 

http://finance.yahoo.com/news/conoco-quarterly-loss-lowers-capex-112455493.html

Does anyone have information regarding layoffs and status of the asset?

All of the college new hires that had I've year if service in June got a nice hefty raise. Must be nice they got a huge raise and no one else did. COP should focus on keeping sine talent and chill out on hiring hundreds of shitty college kids who... — read more 

Can someone briefly explain to me how your RSU process works (how much you get and how vesting works). I work in a non related industry, just comparing how my co is doing. I'll tell you my situation, working for a fortune 500 company, director level... — read more 

Just needed advice on this. One of my good friend took $6000 from me 2 years ago and told me he will return in few months but its been 2 years he has made excuse after excuse..tonnes of excuses and doesn't look like he is going to pay me... i dont... — read more 

From what we've heard the Bakken is going to be one of the few assets that has cash diverted into it from some of the deep sea operations (and like) that are being shut down. But obviously no one will go untouched in this downturn. Anybody heard how... — read more 

Ryan Lance made $ 27 million and by firing him, the company can save 270 jobs. There is whole bunch of people like Ryan in COP that are incompetant and ned to be gone. That would save many ordinary jobs..