Anadarko.sharepoint.com/sites/weareoxy/site pages/LTI-QA.aspx 2nd bullet point: A participant’s 2020 Long-Term Incentive will be no less than what they actually received in March 2019. This was information provided by OXY to determine what... — read more 

Are the vultures circling Oxy yet?

With upcoming 30% pay cuts for L-OXY - combined with huge CAPEX cuts - why should the tyrants on 31 insist that everyone show up on a regular schedule? Given their performance (lack thereof!!!) VH and entire EC should only require so much handholding... — read more 

“...The SEC has suggested for presentation purposes that an item representing at least 5% of total assets should be separately disclosed in the balance sheet. However, much smaller items may be considered material. For example, if a minor item would... — read more 

Anyone know if VSPs for L-OXY are still available or will they be offered again?

From what I'm reading here this doesn't seem accurate

From the UN. Pretty dire predictions. Let's all hope this mess doesn't last long. Best wishes to all. https://www.dailysignal.com/2020/03/27/latest-un-report-forecasts-grave-economic-consequences-from-covid-19-shutdowns/

Let’s picture this Lowe the pay by 30% to LOXY Wait till Aug , Lower the lay by 30% L-APC Lay-off based on the reduced salary. As long as VH is still the CEO, there will be no reorg.

So I made the mistake of betting on OXY and rescinded my VSP election. Worst. Decision. Ever. Previous poster mentioned loss of 2020 LTI awards. I received 2019 LTI but don’t get LTI every year, maybe half of the time. What are odds that this... — read more 

Has anyone who’s opted to take the LAPC VSP but still working considered filing for COC now because of the 4.9% paycut and loss of 2020 LTI award? The lump sum and PTO payout will also go down. Surely all of this should be enough to trigger COC... — read more 

You people saying you’re glad to still have a job and it could be worse, etc., are like a battered woman saying “he loves me” and “he doesn’t beat me that much.” You’ve all got Stockholm Syndrome. Our situation wasn’t caused by outside forces. ... — read more 

Dear Fellow Occidental Stockholder, For years, Occidental Petroleum repeatedly and publicly stated that they would maintain a prudent balance sheet and not take undue M&A risks. They made these commitments because history has shown that commodity... — read more 

$2.2M back sales tax due The Woodlands Township https://www.chron.com/neighborhood/woodlands/news/article/Woodlands-board-forms-COVID-19-response-group-15159765.php

We can all see where this is going. If there ever was a time to put all of your energies in preparing for what the future might bring, it is now.

First, OXY doesn't care about you. That's just life. The reduction of salary is smart, but it's the first step in screwing you. By doing massive salary reductions they are saving cash now. Plus hopefully shedding some folks that are going to try... — read more 

A Company that cuts your salary does not care about you.......it is that simple.....Leadership knows how important your salary is to you and your family. When a company cuts your pay they want you to leave...it means you are so disposable that they... — read more 

Upvote if your angry! I can't help but feel angry at VH. Now they may just be buying time for major layoffs. I don't trust them anymore!

Now that Carl is running the show, how long before y'all think he forces his new puppet to do mass layoffs? Do you think they will cut severance to minimum required 2 months under WARN and when do you think it will happen?

According to the merger agreement, Oxy is required to keep APC employees' salaries the same for one year. Read it for yourself on EDGAR https://www.sec.gov/Archives/edgar/data/773910/000119312519144402/d745029dex21.htm Oxy/APC AGREEMENT AND PLAN... — read more 

Co-worker of mine got an E-1 rating this past review cycle... wonder if they're going to carry that into next year's merit/raises or if they busted their hump for nothing... I think there should have been provisions for top performers, honestly. ... — read more 

What did you do with previous bonus money? Did you pay down your house, buy a new toy, invest in the market, or cash in the bank? I invested... should have waited...

At least he had the decency to go out in style.

What about us LAPC folks down in South Texas that got practically given away to Western gas, found a loopehole to screw us out of the COC. And now we get cut 10% and it does not trigger COC becouse ita not a good enough reason.

Unemployment through the roof. Last week there were 280K unemployment claims, we are expecting about three million now. The number will be published at 8:30 a.m. EDT... This is gonna be massive. That number would be well above the levels seen... — read more 

Unless they are granting you all 60% of your base pay in restricted stock on a 12 dollar per share basis, you should walk out and let the company collapse. 30% of your pay doesn't need to go to Warren and Carl for their awful investments. Let... — read more 

Speaking from within, the former OXY Board was driven simply by the HERd Instinct. There are two types of pain you will go through in life, the pain of discipline and the pain of regret. Discipline weighs ounces while regret weighs tonnes. Vicki... — read more 

“Our people are our most Valuable Asset.” I’m definitely feeling less valuable. Anyone else feeling a little let down by the pay cuts and layoffs?

Prove it.

Hilarious to see everyone freaking out and complaining on here about their pay cuts. I'm coming here from another operator that just went through several rounds of layoffs, the most recent of which cut pretty deep. I think everyone in that... — read more 

The major problem facing employees of this company is that we’ve taken management at their word for years. We believed them when they told us “Oxy doesn’t do layoffs.” We believed Vicki knew what was best for us because she worked her way up from... — read more 

Does this mean we need to go into the office tomorrow or wait for a specific date?

What info did the plastics/chemical operators get in regards to salary/hourly cuts?

Icahn was getting screwed by VH so he took action. Time for the employees to take action? If we have a critical mass, we just not do any work on 31st. Well for those who are actually doing something.

Just got my latest VSP check. Supposed to be paid to the end of August 2020. I wonder if VH and EC will have gall to try and cut VSP payments on “technicality” that VSP recipients are still “employees?”

Anybody have a logical explanation for this, or does the EC think the little blurb about the "plan administrator says this doesn't qualify" will scare folks into not filing?

Lets’ do the real math on her TOTAL compensation cut based on the WSJ article publishing her total 2018 compensation, as shown below: ‘Ms. Hollub earned compensation valued at $14.1 million in 2018, according to the company’s most recent annual... — read more 

Anyone else feel like they give about 70 percent of the performance today?