Topics regarding layoffs at ConocoPhillips

Topics regarding layoffs at ConocoPhillips

Investor Day

Maybe this is the wrong place for this, but I was extremely optimistic after the investor day. Lots of excitement around LNG and a compelling story about reserves and a long runway of production at a lost cost of supply I did take the time to read... — read more 

People want proper raises

I can't believe that the leadership still doesn't realize that it will hurt this company in the long run if they don't give the employees proper raises to keep up with inflation. Have you given up hopes that we will be paid adequately?

Third Times a Charm

It is becoming increasingly apparent that the company is bleeding talent. The vast majority of high performers have left for greener pastures, leaving the remaining to pick up the slack. Compensation is lacking far behind competitors even at the... — read more 

Decisions are based on personal choices

*The list of layoffs is long and many have been forgotten. Careers and lives have been ruined for many. For others careers and fortunes have been secured. Many involved in the decisions do their best to make fair choices but increasingly, the... — read more 

Never ending “adjustment“

We’re in an era of never ending “adjustment “ and it’s been going on since 2015. Sure there was a bit of a break after the big one in ‘21, but it’s never really over. Keep your office sparse and your options open my friends. I hope everybody has... — read more 

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| 1792 views | | no replies yet
Post ID: @OP+1lHSD9hY

Next layoffs round

Does anyone have any idea when Conoco is planning to have the next "reorganization," also known as mass layoffs? I heard rumors that the company is looking to take advantage of the current environment when everybody is laying off so it's less... — read more 

Decision on the Willow project has been made

HOUSTON – ConocoPhillips (NYSE: COP) welcomes the Department of the Interior’s Record of Decision (ROD) on the Willow project, adopting the three core pads detailed in the Bureau of Land Management (BLM) preferred Alternative E. ConocoPhillips Alaska... — read more 

Concho Managers

Just a heads up to everyone. I’ve been told by Concho head managers (I am a hCXO) that ConocoPhillips managers don’t promote. This is the opposite of my experience. Concho managers hold resentment towards any employees trying to further progress and... — read more 

Executive Bomus

Alright everybody let’s start the running. By running I mean do we think the executives will top their highest bonus, stock incentive, etc because of the record year even though the TSR (their job) was quite poor. Unless there is some crazy stock... — read more 

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| 1863 views | | 3 replies (last March 7, 2023)
Post ID: @OP+1ltciBTC

VCIP Townhall Question

I for one am all for utilizing the space on the top floor of parking garage for something. It is dead empty 100% of the time. Would be nice to see some people up there playing sports at lunch time.

VCIP

Well that was a surprise..

RSUs

I've heard that COP is increasing the % of RSUs by approximately 2.5%.

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| 2770 views | | 10 replies (last February 21, 2023)
Post ID: @OP+1lcyC5Wt

Midland Movers

Heard a rumor here in Houston that everyone who moved to midland in the past 36 months is going to be permanently employed in Midland. Zero opportunity to come back to Houston. No matter who says what in your chain. Any truth to this. Was asking... — read more 

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| 2660 views | | 7 replies (last October 5, 2023)
Post ID: @OP+1l3A1ZYn

Q4 earnings

What do you think about the earnings? Market seemed to not be thrilled. . . . .

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| 2101 views | | 6 replies (last February 8, 2023)
Post ID: @OP+1kZfJJdE

Game room

Curious how many folks out there are using the new game room in SP1. What do you like to use, how often do you use it, and for how long at a time do you use it? was it money well spent by the company?

forced ranking

I just saw this thread about forced ranking at ConocoPhillips it was started in December 2020. Is forced ranking still in place at ConocoPhillips in January 2023? https://www.thelayoff.com/t/18nhRr8H

Exec Leadership

Did they lower the SGL requirements to join the executive leadership? Saw a couple of additions that don’t make sense. Used to be Sgl 21+

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| 2580 views | | 4 replies (last February 12, 2023)
Post ID: @OP+1kUJGDyD

How many will we lose after VCIP?

It seems like the last couple of years we have lost very few, so to there isn't a big motivation to make a large increase to salary or even VCIP

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| 2213 views | | 3 replies (last January 27, 2023)
Post ID: @OP+1kOg2myJ

Carbon capture

Is ConocoPhillips allocating any precious dollars to worthless carbon capture like other oil companies are?

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| 1891 views | | 5 replies (last January 23, 2023)
Post ID: @OP+1kGOuVeK

Vcip predictions

Vcip predictions people. One person last year nailed the amount about a month out

NextGen

Can anyone explain Nextgen to us. Is this just more virtue signaling or something with some substance?

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| 2460 views | | 5 replies (last January 19, 2023)
Post ID: @OP+1kqcuUvl

Parking Excesses

Why on the 2nd floor of the SP1 parking garage is there an entire row of reserved parking that only 3/4 full at max? Why did the company create this separation? Its the Plebes vs the politicians around here. . . . .why does making more money or being... — read more 

Rating system is terrible

There has to be some type of system for recognizing exceptional performance and also not recognizing weak performance. The problem is this becomes a beauty contest rather than a recognition system. Then throw in biased favoritism resulting from the... — read more 

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| 2602 views | | 5 replies (last January 25, 2023)
Post ID: @OP+1jHIvJxQ

Ratings system

The ratings are BS. I think it is structured in a way that actually harms the company and innovation. You have multiple people/groups/business units working the same issues and not collaborating in order to achieve that differential rating. In... — read more 

We are standing in green grass

I get that this is where people come to complain and COP absolutely has room for improvement. However, I encourage everyone to go look at the XOM Layoff board to see how much worse things can be. I moved over from there a few months ago and I just... — read more 

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| 2150 views | | 4 replies (last November 9, 2022)
Post ID: @OP+1jBfsATC

Why you complain so much?

I keep reading about xyz companies doing this bonus and that benefits to its employees. I think COP has done so much for its employees. She is like mother feeding whining toddlers who are not ever happy. How much can she give and keep giving? Have... — read more 

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| 2000 views | | 7 replies (last November 12, 2022)
Post ID: @OP+1jvbCLcP

Why is this form so active?

Why is this form so active? Even p66 isn't as active as this one and they just had layoffs.... It seems like people are unhappy, but not unhappy enough to leave.... For years

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| 1611 views | | 2 replies (last November 3, 2022)
Post ID: @OP+1jvrEZ35

Additional bonus?

I heard from two friends at a conference that they received additional bonuses this year due to unusually better finances in oil and gas. One of the friend works at Total and other in Oxy. I heard Oxy paid 5% to all employees in addition to their... — read more 

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| 2540 views | | 8 replies (last November 17, 2022)
Post ID: @OP+1jstjAQH

Total shares profit with employees!

Total announced one off 1 month bonus for employees worldwide due to record profits https://www.nytimes.com/2022/10/27/business/shell-earnings-profit-oil-gas.html "Total, which has been hit by a strike by refinery workers in France, also said that... — read more 

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| 1590 views | | 3 replies (last October 28, 2022)
Post ID: @OP+1jpbbL2y

Success is a treat sport

Two weeks until the next earnings announcement where business professionals feel how small they are. You want to make a DEI impact, give everyone some equity In the company not just petrotechs. The “ P” in SPIRIT Values stands for PETROTECH.

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| 1860 views | | 7 replies (last October 28, 2022)
Post ID: @OP+1jke4UNV

XOM

Pretty scathing article on Exxon - good read: https://www.bloomberg.com/news/features/2022-10-13/exxon-xom-jobs-exodus-brings-scrutiny-to-corporate-culture What do you think? What parallels do you see with COP? I personally don’t see as much... — read more 

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| 2090 views | | 3 replies (last December 1, 2022)
Post ID: @OP+1jfCm6p3

Fraternization

Does this company have a fraternization policy regarding relationships at work?

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| 2580 views | | 5 replies (last October 28, 2022)
Post ID: @OP+1jcRpftV

CAsh out pensions before bust

Anyway to cash out the cashbalance accrued without leaving company ? I heard UK pension bond funds were almost wiped out with trillon dollars overnite. We are a couple of blocks down that road.

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| 1500 views | | 2 replies (last October 11, 2023)
Post ID: @OP+1jaYgnPv

Chief Geo retired - anyone care?

Subsurface Chiefs are at first level supervisor level, not a strong endorsement of their worth from the company. Steadily demoted the last decade. Are these vanity positions, anachronistic empty titles?

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| 2750 views | | 8 replies (last November 21, 2022)
Post ID: @OP+1iZrIAMn

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