Topics regarding layoffs at Occidental Petroleum Corp.

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Topics regarding layoffs at Occidental Petroleum Corp.

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Adios Vicki

https://www.barrons.com/articles/warren-buffett-erred-occidental-berkshire-47e13d2d

Real Talk Only: Oxy Temperature Check

I know there’s been a lot of tension and speculation lately. Instead of fueling rumors, I’m hoping to get a realistic temperature check from people actually seeing real signals inside the company. Leadership messaging or reorgs you’ve... — read more 

Oxy is a resilient company

I give thumbs up to the management of Oxy for the stability of the company despite the fact that other majors are laying off or in the process of laying off their employees. Whether you like it or not, Oxy is a good company that takes good care of... — read more 

DT wants oil prices down

You guys are in deep trouble! https://www.timesnownews.com/world/us/us-news/donald-trumps-big-denial-as-markets-continue-to-bleed-oil-prices-are-down-there-is-no-inflation-article-151365046

Time Out

When you post ideas that are unfavorable to the corporation, your posts are removed and you are put in timeout for a couple of days. What you see on this site is highly sanitized.

Vicky’s Performance review

Under Vicky’s tenure, Oxy’s market cap dropped by sixteen billion dollars—billion with a B. That kind of loss isn’t something you can just recover from. This is exactly why you don’t put someone driven by emotions in the CEO seat. — read more 

Oxy is a good company.

I am so glad l work for Oxy. With the constant announcements of layoffs from different oil companies, aren’t we glad to be working for a very stable company and terrific CEO? This is not some HR troll but someone who has spoken to friends in other... — read more 

More industry layoffs coming

Layoffs will get worse this year as tariffs kick in and cause not only an increase in operating and capital costs but also a decline in consumer spending. Combine this with a lack of demand due to increased hybrid car production and more production... — read more 

Oil industry is two faced

The oil industry is telling DT individually to his face that they support his efforts but when surveyed anonymously say that drill baby drill is id--tic and that his tariffs will ruin the industry.

Retirement offers?

I did hear it mentioned that some groups may have VSP type offers this year, but it seems we are doing pretty well as is, so not sure if that will happen. Anyone heard anything about a VSP? Please no politics.

Hats off to Vicki

VH is really doing a terrific job behind the scenes to keep Oxy competitive and ahead of their peers. I was super impressed after listening to town hall yesterday. Oxy is in a very good hands with VH and her leadership. FYI, I am not a HR troll but... — read more 

Texas Nuclear Alliance

VH just signed up Oxy as a founding member...VH said " We are dedicated to pioneering innovative solutions to develop Taxas oil and gas resources safely and enhance America's energy security" How do you have time chasing carbon capture technology... — read more 

$45.00...

Here we are. Enjoy your bonus. Whatever major buys you will not have the benefits you gladly enjoy.

Great Quarterly Review

Yet here we are back under $50. All the king's horses may not be able to put Oxy together again...

Sold Oxy at $52.50 yesterday

I will eventually exorcise my portfolio of this stock... If the market tanks because of the current inflation spike and the Dear Leaders tariffs, I may wish I had sold all of the stock yesterday. See what the market brings tomorrow!

VH did kneel and kiss the ring

It's official boys and girls; You now officially work in the Gulf of America. Don't trample each other to get new business cards made... Also, update your CV's while you are at it ;-) The things you do to keep gov't monies for carbon capture... — read more 

Raises and bonuses

What are everyone’s guesses for at or below target (company portion) not individual.

Why would anyone consider oil and gas in college?

With Chevron laying off 20% and all the consolidation of companies buying companies, who is going to work the jobs in 10 years after boomers retire and there aren’t replacements in the industry?

Lay-off policy

Employees at Oxy should be glad that company lay-off policy is based on skills and performance and not like the current blanket federal worker policy that seems to target those who just hired on. To my knowledge for professional hires at Oxy there... — read more 

Work from home vs layoffs

How many employees will take the upcoming VSP package if the work from home policy is eliminated? Most people in Oxy are already working a hybrid schedule so eliminating work from home doesn’t mean that they have to move. This is very different... — read more 

VSP

Heard there might be another VSP from a co-worker who was told by what they think is a good source. They were not sure if it was across all BU’s, or what age limit. Anyone else been hearing anything?

Oxy is a great company to work for

I have worked for various oil companies in my career and l can tell you Oxy is the best among them when it comes to good pay, benefits, and job stability. Despite Oxy’s debt profile, they are not laying off employees like other majors like Shell... — read more 

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