COP might be the only company on the sheet that didn’t submit actual estimates for layoff numbers. Maybe the machine learning models aren’t quite done running yet. https://www.twc.texas.gov/files/news/warn-act-listings-2020.xlsx — read more 

How many times would dead wood be cut if a company could cut wood?

Poor management, like the Unknown Unknowns guy, incompetent new hires, facebooking and PowerPoint stealing millennials, and exploration who had to look at the results of very small independents to find opportunities in COP Alaska's own backyard, How... — read more 

I had an interview with Conoco some years ago. During the interviews with various groups I observed signs of competing and warring factions. Then in an interview with two technical folks who would be my peers if hired, one attacked me in such a way... — read more 

One thing I find interesting here is the difference between the ConocoPhillips site vs the Concho one. The people from COP seem so much more bitter than Concho’s, surely for a reason. In the Concho page first you don’t see that many responses, which... — read more 

Here’s an update on EOI (since our transparent communication process is not working): (1) ELT caught off guard by the number of folks who requested EOI. 60% greater than what they’d “hoped” for. Will require a lot of work on how to respond... — read more 

Any details from today’s town halls?

The Concho purchase is financed partially with money stolen from employees. If times were truly so bad that 401-K deposit commitments can't be met, pay raises stolen back after being given, and VCIP is up in the air, and yet we can buy companies. — read more 

Why is ConocoPhillips paying $58 and hour to contracting companies to provide skilled workers, when the workers are working for 50% less wages than permanent employees. Just pay these contractors their pay directly and get the contracting compaies... — read more 

Yes, this time the warn is specifically for Houston, but how certain are we that there won't be another announcement next week or the week after that? I just think that people who are breathing a sigh of relief are doing so prematurely. This is far... — read more 

Any clue on what departments will be hit hard?

Alrighty gang. So we got the warn letter. Which means layoffs after 60 days. We know it's only the houston location, per the letter. But does anyone know what percentage is COP targeting for this layoff?? 10%, 20% ?

Has anyone heard anything about a warmup round of layoffs before the end of 2020? Been hearing some talk of this.

This is a generic discussion thread to capture comments about potential ConocoPhillips Layoffs 2021? Any news or rumors?

Saw this filed on SEC.gov site yesterday The Integration Planning Team (IPT) remains hard at work to successfully bring Concho and ConocoPhillips together, while also addressing the ConocoPhillips-specific cost and capital savings workstreams. I... — read more 

Oil industry layoffs across eastern Montana and western North Dakota now represent more than 20 percent of that sector's workforce in the region. The... — read more 

What in the world is going on with clear COVID office spread being covered up and/or ignored by leadership? When does science and medics guidelines supersede chasing pennies on our stock price? Doesn’t seem too aboveboard that announcements of cases... — read more 

Heard something is coming...any guesses?

20% to be cut in Houston office Monday the 16th.

Over the past few years I see less and less competent supervisors assigned to the teams. They have no deep knowledge of the subject, so they have very little idea what type of work takes a lot of effort and what does not. I was randomly rewarded... — read more 

You are right, with Concho purchase comes a major reorganization and it’s time to cut Bartlesville loose. Bartlesville has outlived it’s usefulness and is remote from company activities. If we need a second corporate center we will have plenty of... — read more 

https://ca.finance.yahoo.com/quote/COP/insider-transactions?p=COP&.tsrc=fin-srch

After 40+ years in the industry it’s time to hang my hat. I’ve seen a lot of changes, a few of them okay, but most made me scratch my head and think “you stupid id–ts”. I’ve gotten too old for all this bureaucratic nonsense and other things I see... — read more 

Is it just me, or has anyone left else noted in our online meetings that both our CEO and CFO added a lot of “poundage” since we’ve been shut down?

COP doubling down on lower 48 shale is a sure recipe for disaster when the industry doesn’t rebound in 2021, or 2022, or 2023, or... Most other companies are expanding into renewables and alternative energy, but not the wizkids at COP. How is this... — read more 

Kind of curious what group is let go first? Is it groups from COP or the acquired company?? Also what are the severance packages like

So, RL is specific about disposing of new ventures and global exploration - but how safe do any other groups feel? L48 at COP? Concho in Midland? other disciplines?

Seems like every lay off, the promise of thinning out the countless layers of managers is made. But they’re all still here doing whatever it is they do. It sure ain’t managing anything. Any guesses as to how many of these micromanaging lackeys will... — read more 

1) Announcing $1B in buybacks! 2) Increase in the dividend to shareholders! 3) Acquisition of Concho Resources for > 9 $B USD and >8 Bbbls of resource And a reduction of our heritage COP employees that got us here. No need for the “P-people”... — read more 

Will MF survive? Heard it takes him three weeks to figure out if the calendar is wrong.

First they give our jobs to Concho and now they want to take away the pension??? What a load of BS! https://techstaffer.blog/2020/08/17/conocophillips-is-cutting-costs-will-a-pension-freeze-be-next/

I wonder what cool acronym the leadership team will give the latest round of layoffs? How about ConocoPhillips Offers New Concho Hires Our jobs? Or just CONCHO jobs for short... At least it has a better ring to it than the Corporate Optimization for... — read more 

How many lawyers of management do we need? I can tell you for sure we don't need as many as we have - especially not when so many are duplicating each other. If we were to get rid of several layers - completely, just cut them in their entirety - the... — read more