Topics regarding layoffs at ConocoPhillips

Topics regarding layoffs at ConocoPhillips

HSE Staff

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 

Hit something solid!!

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!! :)

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| 1281 views | | 3 replies (last July 21, 2016)
Post ID: @OP+Iuu9Q2Y

EOI Awkward Time Period?

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 

What now Lance?

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

Where can the biggest cuts occur?

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 

Put up or shut up!

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 

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| 2860 views | | 9 replies (last July 21, 2016)
Post ID: @OP+Itk3tUx

Layoffs starting next Tuesday

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.

3 mos short of 55 and hBR

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 

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| 2860 views | | 7 replies (last July 20, 2016)
Post ID: @OP+IsBfyCM

Stigma?

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 

Severance Benefits

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 

EOI question?

I can not recall the last EOI letter that was sent out to us. Does anyone know if we EOI will it wave our rights to unemployment benefits?

Last to know...

Just had a manager say "I had no idea he was like that , the manager is always the last to know", your right your employees behavior the thing that reflects upon you directly should be the one thing you don't know. Genius alive and well at SJA.

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| 1143 views | | no replies yet
Post ID: @OP+IoWt9VW

What all current COP employees need to know

Your supervisor might not tell you the truth. Depending on their position in the company, they just might not be in the know. He/she might be on the list themselves. If they are high enough up to know what's going on, they will be limited in what... — read more 

EOIs due Aug 5th, layoffs done Sept 12th.

Someone posted the final EOI FAQs form yesterday. Looks like Ryan will announce layoffs on the 28th, WARN notice then or Aug 1 and the must elect for EOI by Aug 5th. Layoffs to start Sept 12th. Good news, we'll get paid for labor day!

Ryan Lance to resign

July 28th Ryan will announce that he is stepping down. The true story is that the board realise he cannot run the business. Expect big changes and BP to buy out COP

Update on Upcoming Layoffs

Source in HR that was correct with everything last year told me the details of the upcoming layoffs. Lists from supervisors with all team members ranked are due at the July. EOI will again be made available in August. Announcement of layoff will be... — read more 

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| 4160 views | | 5 replies (last July 21, 2016)
Post ID: @OP+ImR6oA7

A little perspective: WTI is cheaper than Ketchup.

"#A barrel of WTI crude is cheaper than a steel drum to put it in" "# Crude oil is now cheaper than Walmart’s cheapest value-brand drinking water" "# A barrel of oil used to get you an hour spa in Four Seasons New York. Now it gets you an hour Thai... — read more 

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| 950 views | | 1 reply (July 14, 2016)
Post ID: @OP+Im0Ifad

The 28th....

Seem so far away...I am exhausted lets get the show on the road can we just agree on the 14th?

ConocoPhillips retaliation

ConocoPhillips retaliates against employees who give their employer an EEOC charge for sexual harassment

Oil going way low

But still some have work to do....regardless of price

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| 1260 views | | 3 replies (last July 11, 2016)
Post ID: @OP+Ik1Ijr4

Canadian BU layoffs?

Any news on how much of that 30% is for the canadian BUs? Any rumours of whether or not they're laying off juniors?

Announcement

So will the announcement be July 28th or will they start dismissing the 28th? Because of the WARN act the total must not be over 500 employees if they can do it so quickly...

Waiting

I am wondering why everyone is on the edge of their seats freaking out just waiting to be cut...has it not sunk in that there will come a day that everyone at some point will no longer work there? Whether you choose to quit,retire,get terminated ,eoi... — read more 

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| 3180 views | | 15 replies (last July 19, 2016)
Post ID: @OP+IaqbUUL

L48 drilling not coming back

The oil directed rig count has seen a permanent reduction due to increased well production rates and a reduced time to drill. A similar phenomena happened with gas directed rig counts. To add more rigs we would have to see decreasing well... — read more 

EOI

Next EOI (expression of interest) period starting in September to kick off large layoff in October.

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