Topics regarding layoffs at ConocoPhillips

Topics regarding layoffs at ConocoPhillips

Virtual layoffs...

Hearing that layoffs are going to be done virtually? What kind of mockery is this? Anyone can confirm? I mean isn’t the ceo all about being in the office? Meanwhile he rides his jet. Wow. Losing all respect for these so called executives... — read more 

Lets face it, the industry is commodity driven

When oil is at $100/bbl everyone is happy. Bonuses are good. Executives take full credit for how well the company is doing. When oil is low, the executives blame poor company performance on low oil prices. They cut staff to save their own... — read more 

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| 2010 views | | 6 replies (last February 12, 2021)
Post ID: @OP+19kwwQ1t

80% of the topics posted here are from the same person

One person is posting almost 80% of all the topics on this forum. And even funnier, he/she posts responses to their own threads pretending to be someone else. The giveaway is the similar language styles, words used and also the IP identifier at the... — read more 

Well this is fun

So is anyone else accomplishing anything this week. Maybe it’s just me.

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| 1542 views | | 4 replies (last February 12, 2021)
Post ID: @OP+19kpqtHX

Get it over with already.

Looks like the Stockholm syndrome is already set in with most. I’ll just be happy if I make it attitudes floating around. With rumors of the cuts being as high as 35% of all lower 48, to as low as 600 people who knows. I fear the cuts will be higher... — read more 

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| 2610 views | | 9 replies (last February 13, 2021)
Post ID: @OP+19kErRwY

Midland. High level meeting took place virtually

Chances of this are very high. 80-90%. Outcome was not to relocate anyone from Houston to midland without a concho sponsor. I’m afraid the layoffs will be very large. Commenting from Houston

Stressed and Scared

So after being told that the layoffs were coming. Didn’t think much about it. But as it got closer it started to consume me. Everyone says ohh don’t worry it will be okay. The fact that people are used to this kind of treatment is worrisome to say... — read more 

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| 3420 views | | 11 replies (last February 13, 2021)
Post ID: @OP+19jjc2Wu

Main Reason to Criticize Layoff in this company.

CONOCOPHILLIPS has lured all the good workers from good companies and once the plant is setup and running(after draining all the juice from these employees) these employees are laid off. HARD WORK at ConocoPhillips doesnt make you avoid layoff, what... — read more 

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| 2081 views | | 1 reply (February 8, 2021)
Post ID: @OP+19iwRjwy

What is your worst COP lay-off story

Let’s just embrace the the chaos of what is to come. What is the worst story regarding COP layoffs you have ever heard? This could be a reaction, an individual who didn’t deserve to be let go, the worst reason for being axed, etc. Let’s bring... — read more 

At some point it sinks in

What sinks in? That the job losses, instability, and general downfall isn't just in your fishbowl at Conoco. Cities are being overrun by homelessness, tent cities, 30 million have been unemployed for almost a year, riots are commonplace, the... — read more 

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| 1830 views | | 3 replies (last February 8, 2021)
Post ID: @OP+19ioMon8

Concho is a Dish Best Served Cold

ConocoPhillips was about to have massive layoffs (and had already started, summer 2020) when the Concho deal became a reality. The deal was actually going to be more complicated than just Concho. So the ELT decided to do everything (all layoffs and... — read more 

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| 2890 views | | 7 replies (last February 8, 2021)
Post ID: @OP+19iHxukr

Thoughts

Why does it seem like the people who posts here are incredibly negative? People act like COP owes them something. You are in a voluntary work agreement with COP. If it is so bad and the company just keeps doing "horrendous" things then you should... — read more 

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| 2440 views | | 9 replies (last February 7, 2021)
Post ID: @OP+19hL5wNA

All day breakfast part of severance package?

Nearing the one week mark - any word on whether there will be free McDonald’s breakfast sandwiches this time around? Don’t want to show up hungry for the hunger games...

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| 2300 views | | 7 replies (last February 10, 2021)
Post ID: @OP+19gWlTiG

Alaska Office has been in a bubble

For the last few years, the Alaska office has been immune to layoffs and budget cuts the rest of us have suffered. No good reason for this. What this company just spent in the anti-tax campaign up there could have easily paid the salary for... — read more 

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| 2290 views | | 9 replies (last February 6, 2021)
Post ID: @OP+19gIGaPA

Haiku Time!

Let's turn all those negative feelings you have into something creative and write Haikus! Remember, that's a poem of seventeen syllables, in three lines of five, seven, and five. I'll start: Who's bad at layoffs, And they do it every... — read more 

Shiva Near

As someone who’s been at the “layoff selection meetings” before, I thought I’d provide some insight. (1) It’s not about you. It’s always about the managers’ ego. They arrived at this place of enlightened decision making because someone above them... — read more 

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| 3520 views | | 9 replies (last February 16, 2021)
Post ID: @OP+19fmimC2

Is it now about demand peaking?

BP and Total are forecasting Peak Demand within the this decade. Peak Supply was averted by technology (fracking) and it now seems that technology (EV) could bring Peak Demand. China and India want to get off foreign oil more than anyone. Does... — read more 

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| 2250 views | | 8 replies (last February 5, 2021)
Post ID: @OP+19eF0dKy

Don't stick just to O&G

I don’t intend this to sound cold, but if you are let go don’t restrict your job search to oil and gas. The industry has been shedding jobs since 2015. It’s just a fact that there are fewer and fewer positions, and more and more laid off workers... — read more 

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| 1385 views | | no replies yet
Post ID: @OP+19e5HXxy

Can we get it over with?

I'm so tired of having to wait so long to find out if I'm going to be out of a job or not. This is not the first time something like this has happened. They announce layoffs and then make us wait for weeks or even months to see who'll be affected. As... — read more 

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| 2300 views | | 5 replies (last February 5, 2021)
Post ID: @OP+19elghvQ

New Hires

I don’t understand why they hired so many new hires in 2020. Wouldn’t it have made sense to hold off...

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| 1810 views | | 4 replies (last February 4, 2021)
Post ID: @OP+19eaArfw

How will February 15th go?

How will Layoff notices on Feb 15th go? Do they hand out envelopes? Do you get an email? Do people find out at different times during the day? Can any Conoco veterans give us some insight?

VCIP?

Any guesses on when/how vcip gets reported this year? What % do you think it comes out to?

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| 2660 views | | 5 replies (last February 5, 2021)
Post ID: @OP+19etF3I3

What value does the ELT add

Another poor earnings report issued today. It makes me wonder how ELT members spend their time and what value, if any, they add to this company. Seems like they should spend 20+ hours a week praying for higher oil prices, as that is the key... — read more 

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| 2140 views | | 5 replies (last February 4, 2021)
Post ID: @OP+19di47m2

Time to Buckle Up

2021 sees a 50% reduction in L48 capex versus combined 2020 ConocoPhillips + Concho guidance. February 15 is going to be a bumpy week.

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| 1946 views | | 1 reply (February 2, 2021)
Post ID: @OP+19d1A7QQ

Don't let layoffs catch you unprepared

Spend your time getting prepared in case it does happen. Make sure your resume is in good shape, download your contact list and minimize the amount of personal stuff you have at the office. Even if you don't get laid off, you will be well served to... — read more 

The Sound of Silence (an oldie but a goodie)

Hello layoffs, my old friend It's time to fret 'bout you again Management's vision of who they're keeping Exploration cuts will be sweeping And the vision that was planted in my brain Still remains Within the sound of silence To... — read more 

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| 1981 views | | 4 replies (last February 3, 2021)
Post ID: @OP+19dj5ONE

Can’t sleep, can’t work, why bother?

As usual, our brilliant leadership decided to dangle the axe in front of us for several months, all the while “encouraging” us to keep on keeping on. But with 2 weeks still to go, I haven’t been able to sleep, focus, or find any real reason to even... — read more 

Am I at risk?

I've noticed that layoffs seem to be focusing on people who've been here for a while rather than those who are more recent additions. Is this true? Does that mean that I'm safe if I've only been here for little over a year? I know this is probably... — read more 

Concho org charts

I took a look at the org charts for Permian and it shows the former CXO employees. Just looking at Accounting wowowowow so many supervisors many with 1 or 2 employees. That’s just crazy!

Surmont Reorg

Doesn't seem to be much talk in here about what is happening up at Surmont. 100 affected individuals is pretty deep considering the last round of layoffs in 2017. Who has been laid off? What does this mean for the future of Surmont?... — read more 

More CXO bonuses

Hey just in case no one noticed CXO filed an 8K right under the wire with the deal closing that pays their top 3 an additional $10mil in "retention" bonuses. Glad to hear we have the extra cash to do that without layoffs, pulling back raises, or... — read more 

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| 3360 views | | 7 replies (last February 3, 2021)
Post ID: @OP+196W0j8S

Numbers?

What is your function/group and if communicated what is percentage or # of individuals to be cut?

ConocoPhillips during 2020

Just a friendly reminder that COP didn’t have any massive layoffs like most O&G companies had in 2020. We, in a year were the barrel went to negative numbers, did not let go people. I am very thankful for that. Let’s also think, that in a year when... — read more 

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| 3720 views | | 7 replies (last February 4, 2021)
Post ID: @OP+193C4F8x

Have layoffs started already?

Somebody noted that layoffs have already started yesterday, is this true? If it is, what is being hit? How come we haven't heard more about it?

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