I have no problem with the "right sizing" exercise of a publicly traded company. It's all about the bottom line and the corporate obligation to investors. Pretty basic. For those folks who have left the company as part of the layoffs this past year... — read more 

As a former employee and a current stockholder, the cuts need to start at the top. The CEO has completely mismanaged the company and the ELT are puppets waiting on their cut. Our dividends have been slashed and COPC is way too top heavy. Get rid of... — read more 

In my opinion, one of the most useless groups is Reservoir Engineering Technology. The directors and managers are a bunch of world class dumb--ses - they might be able to simulate the flow of crap from your a** to the toilet, but they definitely... — read more 

Well we all knew this was eventually going to happen, but I have it from reliable sources that COP is a takeover target for ExxonMobil. This will be announced at the beginning of 2017.

Now that I am watching from the outside, It is quite entertaining to watch those hot sh--s who think they're so good squirm and struggle. Let the panic seep in ya losers! Keep burning!

Seems like it would be good for the company to run a perpetual EOI, so that people that get tired of it can quit at any point in time with severance.

Most of the Geologist, Drilling Engineers, Reservoir Engineers, Completion Engineers are costs at this point in time. They are actually very expensive (high salaries) and also replaceable. We should do away with them now and rehire or replace them... — read more 

Well, you screwed the pooch big time, haven't you. You must be a real fan of movies to have Purge 1 (April 2015), Purge 2 (October 2015) and heading into the sequel Purge-Election Year. How appropriate. I survived, or should I say suffered through... — read more 

Hoping that the good people who have been already and who will be let go in this round will be able to successfully move forward to new opportunity, finding the work satisfaction they so richly deserve. Hoping that this round will include significant... — read more 

In Don Hrap's L48 townhall today, he said there would be 6% layoffs globally and 12% layoffs within L48, equating to 350-380 people getting let go in L48. He also said we are currently staffed for 25 rigs but plan to staff for 12 rigs. Does laying... — read more 

Company is losing billions, will 6% make a difference or are they just delaying more cuts in 6 months time?

While I will be leaving the COP shortly due to another opportunity....I am putting all my good thoughts and energies to all those within COP during he bumpy tims.

"The Houston-based company confirmed Thursday that it will lay off about 1,000 employees this year, mostly from North American energy jobs in the U.S. and Canada. The cuts were outlined in a town hall meeting with management Thursday" What a F*kUp... — read more 

Anyone have a clue on what type of cuts San Juan Asset is facing?

https://www.youtube.com/watch?v=iJ4T9CQA0UM Check out this video to keep your spirits high. If only we were riding a buffalo when this dadgum bear known as oil prices is chasing us out of a job. Turn around and chase him back! Enjoy.

Just out today, 21July Workforce Reduction - Process & Timeline • July 21st: Initial communication •July 28th: Earnings release, Global Town Hall etc. •Ryan, Al, Matt and Don will discuss the outlook for the business and impact for our company... — read more 

http://fuelfix.com/blog/2016/07/21/conocophillips-to-shed-1000-jobs/

Safety personnel are a must on all your producing assets to ensure that there is no safety incident. In fact, more so now when there is a cash crunch. Remember the BP incident and the after effect in terms of cash drain to BP. We do not want loss of... — read more 

Well there it is, right from the big man himself. 250-300 gone before Thanksgiving. Good luck to everyone in the Calgary office and all those effected elsewhere. Anyone have an idea where the majority of cuts will be?

As I read through this board, I am silently amused by the ad hoc wry comments about being safe. When was the last time that an ELT member or the CEO mentioned HSE performance in a transparent light by discussing the challenge of maintaining or... — read more 

I predict Hrap announces retirement in L48 town hall today and says nothing about layoffs. And Lance announces 10-15% global layoffs on 7/28 and puts into effect the WARN Act.

Come on guys, shut this mutha fooka down. Fly this thing into something solid so at least we don't limp away. Champ is gonna run this thing into the f'n ground just like ARCO. Hoorah. WHAMMY!! :)

So let's assume the rumors are true that Aug 5th will be the EOI submittal date and Sept 12 is the official layoff date. What happens during that 5-week period where your boss and boss' boss already know that you're gone, but you're supposed to... — read more 

You chased away all your investors with dividend cuts; then blew through a solid gold balance sheet in only two years. What now?

I've only worked in a couple of the global BU's in my 15 years at COP. I don't have a good feel for where the big cuts can occur. Any ideas? If I had to hazard a guess, I'd suspect Canada, L48, Australia, UK. I bet Alaska will see minimal impact, as... — read more 

If COP is going to do yet another lay off, I have an idea, stop this onesy, twosey B.S. and cut till it hurts a little. We will never get anywhere if they can't decide what they wanna be when they grow up, a major or an independent. I for one am sick... — read more 

Saw a message scrawled in blood on a wall in the basement of the Phillips building in Bartlesville. Looked legit to me, though I didn't get a DNA sample.

I got the news this morning. The HR guy thought I was heritage Phillips and assured me that in case of workforce reductions, the early retirement age drops to 50 (you get a bump in your payout at 55). Problem is, I'm heritage Burlington and I don't... — read more 

Boom!

I found a diskette in the trash

For those of you that have been laid off, did you find that it carried a stigma and was regarded as a mark against you when interviewing for a new job? If we're going to have another round of EOI, I'd like to sign up but have been warned against... — read more 

Let's discuss the actual severance package. I believe it's as follows based on past friends who were laid off. 3 weeks of severance for each year of service plus 4 weeks Remaining vacation paid out Prorated VCIP Eligible RSUs vest State unemployment... — read more