Which groups are impacted? I heard HR, Supply Chain, shared services groups and Finance.

I'd be willing to bet my 401K that the usual double standard will be seen. CFO Wallette sent email to managers below him saying "we will not give EOI to people about to retire.." Essentially stating we won't pay them to leave. However, I bet that a... — read more 

One thing nobody is talking about is Ryan and the executive teams focus on buying back stock and increasing dividend. But at what cost does this come? Instead of focusing on your executive compensation goals and keeping Wall Street greed happy, how... — read more 

Kill ops group, have 3rd party in India run everything

Watching is torture

By laying people off, North American oil companies are giving OPEC what they want. We should keep everyone employed at lower wages and tell OPEC to stick it.

What ever happened to the unofficial courtesy of releasing contractors before employees? We would not have to layoff COP employees there are plenty of positions to fill if contractors were released

We don't need all of the speciality groups in low financial times! A decent geo should be able to plan, develope and do steering and characterize the reservoir they are working! We only have a few rigs running! We do not need a ton of engineers or... — read more 

History remains and nothing else. Nothing to show but black and white photos of time gone by. Turn the page in the book and make way for the next chapter.

Based on latest financial disclosure Anadarko Petroleum Corporation has Probability Of 46% of filing bankruptcy debt to equity ratio is 120%. ConocoPhillips is flying towards that debt to equity ratio of 75% ..... Any questions? You see how the math... — read more 

So here we are after more than a decade since the UR revolution, and a major down-cycle in crude prices. COP went all-in on "shale" reservoirs, and the required drill and complete assembly line. Yes, we have some holdings that perform well, and even... — read more 

Do all BU's have a 24-7 group? I am wondering if it is a truly necessary department? Nothing personal just a thought

For those of you that have legitimate questions this has nothing to do with you..... It has to do with the cry baby, pansy, heartless, yellow belly, cowardly, pussies that have nothing better to do than talk sh*t about people behind their back... — read more 

Heard this today from Ryan. Are you kidding me? Are. You. Kidding. Me.??? How many years of $80 oil will we need to pay that back?

My supervisor told me that the TMTs will decide who goes and who stays. I am in operations and have only been with COP for 3 years. Who is on the operations TMT? Is it one person who leads it? it ok to call the TMT to discuss my qualifications?

How many people will be cut from each group in L48? eg. Permian, PAB, drilling

COP has proven that it is incapable of competing in the low cost unconventional sector. COP management structure does not allow it to be competitive. Look at how they sit idol while competitors blow them out of the water in L48 shale development. COP... — read more 

With all the infighting, insulting and hate sent to managers, engineers, supts etc - will that force a massive change in management positions so people can move on or will the few that survive this culling be forced to live with the same people... — read more 

I have had pap smears less ridiculous than the constant state of sitting around that is happening.

I was thinking if I get laid off I will have to take my cash balance account and 401k and cash them out and pay things off anyway because there are no jobs in San Juan County right now all businesses are fleeing so would it not be the same if I took... — read more 

Surprisingly little speculation. Will WCBU be hit hard or OSBU? Or both? Where will hits be made? Middle management or peons? Reservoir/planning focused or everyone?

I am sick of looking at most of these people...

Can someone please explain the logic to me behind people booking vacation that aligns with the time frame in which the layoffs are to be executed? You will not be spared if you're on the list, your notice will be waiting for you upon your return... — read more 

Matt Fox, a Conoco executive vice president, called the move an “important milestone” as the company works to get out of deepwater exploration in West Africa. FAR said in a statement that Conoco “failed to comply with the terms” of a joint operating... — read more 

if layed off - what happens to unvested RSUs?

@J075iOr (this is from Cisco's board)

If Phillips 66 doesn't want the Conoco office buildings in Bartlesville we should donate them to the University of Tulsa! Those that can't sell their homes could donate them to University of Tulsa for student housing!

They circle, waiting for the “right” moment to attack. Shadows from the dark clouds overhead and the predators above criss-cross my body, knowing at any moment their powerful jaws could clench on my throat, slowly choking away life and draining the... — read more 

Wonder if any of the ELT would do this?

This time it will be less than 400 in Houston since they are not on the warn act spreadsheet. Nevertheless good luck. There is still way too many people employed by COP in Houston not sure what they are waiting for if they only have 3 rigs running in... — read more 

Let's look at the number of layoffs and where. Let's start with 1000 in lower 48 announcement. Then we have 300 in Canada (700). Next we have 300 in Houston (400). Then 160 in Bartlesville and 40 in San Juan (200) and 100 in Permian and Rockies... — read more