Rumor is XOM is shedding personnel (10% last round) and now 20% this round to make room for a large acquisition. They need 1MM BBL per day replacement. This could be COP or OXY.
OXY Stock is 9.66...
Bravo VH and rest of the EC. You are stunning and brave for the bold APC acquisition! You garner the respect of all that work for you and the entire industry as a whole! LOL.
What is the current layoff package ?
It looks like EC is evaluating reorg. I will be very surprised if we keep the current layers of management. But if we are reducing the layers, the individual contributers will be on first tier to let go. Need help to understand how much money is... — read more
Post Turtle(s) Explained
You’re driving down a country road and you come across a fence post with a turtle balanced on top. You know he/she didn’t get there by himself/herself, he/she doesn’t belong up there, he/she doesn’t know what to do while up there, he’s/she’s... — read more
Future of Oil and Gas..............
After watching the debate last night it would be easy to see how our industry is in the sights of the politicians. I just don't see how we can switch to electric in such a short time, and get away from petroleum products, I mean how does that work in... — read more
How is the scroat of a company Oxy doing these days?
How are you ball sacks doing down there between the legs of that pig?
No more Skype?
Why are they taking Skype away?! Easier to track convos in Teams? Can’t delete them? MS Teams slows computers down drastically!
Amazed at the Oxy Stock Price.
Just Wow!
Go back to Facebook
Simple request - if you feel the need to b**ch about your job, go tell your SO. If you have actual layoff news, post it here on thelayoff. Given that the latest 257 posts have had nothing to do with actual layoff news, I'm thinking of starting a... — read more
Entire EC Needs to Go
I think most employees hate working for this company now. I now work an area meant for 4 people due to taking over for employees previously laid off. Did I get a raise that I earned this year? Nope. But am I expected to work overtime to manage my... — read more
Benefits changes
Local HR is hinting at benefits changes that are about to roll out. Any rumor on what they are?
GOM
Changes in GOM organization weakening safety and controls? Time will tell, but if something bad happens management may have criminal liability.
Management page on Oxy website updated, reductions of EC staff
Happened to look to see who replace OCC President and saw GV and SL are no longer listed. Have there been some overdue EC staff reductions? Does OCC report into the CFO? Also, what is the JB role makes no sense to me.
Latest on more layoffs?
Has there been any new info?
DIB, ECN, and... Black Panther?
Out of all the completely mo–nic things that OXY has done in the past 2 years, this has to rank in the top 10. ECN hosting a "Black Panther Viewing Discussion". After this and BAR, I have a good idea of a certain department that could use a good... — read more
Why intergrate? Will be sold anyway
I do not know the upper management's original intention when purchasing APC but LOXY doesn't seem to show any interests in integrating systems (including IT) and people with LAPC. Maybe they gave up the desire or motivation completely during... — read more
Does Oxy care about details?
"Good leaders delegate and empower others liberally, but they pay attention to details, every day." Colin Powell Do you think our leaders at Oxy care about details or even empower others? Think about how small details can cause huge... — read more
All show and no go...
I used to hate coming to the office on Halloween because of that. Is there another O&G company’s EC that actually does that??? My previous employer didn’t have all these nonsense. Spending hours to give out candies? Do they even know how much they... — read more
U.S. Oil Production Has Already Passed Its Peak, Occidental Says
VH opening her big stupid mouth again So now she's opening all the valves to help the ship sink quicker
How Has the BOD Not Taken Action?
It defies all logic that VH and her EC still have jobs. I hate to say that the shareholders deserve this, but they kind of do for not replacing VH at the annual shareholder meeting. What in the world is the deal?
JB or RJ; To be or not to be, that is the question.
My favorite quote: "Insanity is doing the same thing over and over again and expecting different results." Every 4-5 months, VH shuffles the same people and expect a different output. This is not the leadership we can believe in!
US Onshore Strategy - The end of VPs and Middle managers?
Great promotion for RJ not so for JB. This is Oxy's chance to get away with multiple VP, Directors and Middle managers layers. streamline the structure! lets go back to lean and mean!
BAR Training (What a Joke)
“We take calculated risks” “We hold ourselves accountable for our performance” Huh, last time I checked we are on the verge of bankruptcy thanks to our fearless leader VH taking reckless risks and then not stepping down to hold herself... — read more
ConocoPhillips in talks to buy Concho
Whaaaaaattttt?
Halloween
One saving grace of greenway remaining closed: Vicki won’t embarrass herself and the company by dressing up in costume and handing out candy for hours at the escalator. What a mo–n!
How is this Company still in business?
Divided workforce Antiquated business systems Hardware way past its sell by date HR are unable to pu together any form of coherent plan for staffing Selling assets that nobody wants at fire sale prices Up to their noses in short and medium term... — read more
Raising the bar ... such a waste of time
Really HR?! Is this the best you could come up with? This system has fundamental problems. To begin with, it is very aggressive and unconstructive and up to interpretation. You think I am going to sit down with my employees and tell them they s—... — read more
Merger predictions
With XOM and CVX merger talks, are there chances oxy will merge with other similar or bigger companies during 2021?
Game to guess how many layoffs to come and predict the future of oxy
Based on the analog of CRC, Enterprise Value: 5.91 billion Number of employee: 1250 Oxy: Enterprise Value: 60.5 billion Number of employee: 14400 So the target number employee will be 88% of current staffing, this at least 12% reduction... — read more
Chevron To Cut Up to 15% of Global Workforce
https://pubs.spe.org/en/jpt/jpt-article-detail/?art=7722
Return to work
I want genuine answers why someone working at Greenway wants/needs to be working in physical building? I mean all this dumpster gang logic of economy, team work, motivation etc is not enough. If you can work from home why change it?
Past due promotions and levelings
Im from the colombia BU, just wondering how is the past due promotions and leveling situation in the US business units. Here is quite dire, quite a few pople have retired, all higher positions filled by the best employees but with seldom or none at... — read more
Pioneer Just Laid off 300 People with 1.5X Annual Bonus - Wishful thinking OXY will get 1/4 of that
Unfortunately for LOXY, we will likely get less than 6 months.
Paid Time Off PTO Update
seems like they are treating you well spoiled APC! Oxy is accommodating y’all to be happy and retain you, now turn off Netflix and get back to work and #OutPerformExpectations
Oxy @ Minute Maid?
With the MLB post season playing the championship series at Minute Maid with fans (mostly in suites)... does Oxy have the gaul to send anyone to the suite? If anyone goes, please let us know if you see any of our Execs milking the last of the... — read more
BAR rollout video
The only thing that comes to mind is HOSTAGE videos. So funny to watch the consternation in their faces as they obviously read from a script. Hilarious.
OxyChem President Retires
So that’s the message from Vicki. Here’s the real story. https://www.cpchem.com/media-events/news/press-release/chevron-phillips-chemical-names-bj-hebert-executive-vice-president Wow.
Mental Health and S--c-de Prevention
Please be on the lookout for friends in trouble. In the 80s layoffs there were many s–c-des. Watch out for each other. We can at least do that.
Layoffs Coming?
Anyone heard this rumor as well?