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
Predictions For L48 Town Hall and Global Town Hall
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.
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!! :)
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
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
No layoffs till October....
I found a diskette in the trash
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.
How was the EOI document released/leaked?
Have read some posts about this, whats the deal?
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
ConocoPhillips to sell share of Senegal offshore blocks.
“This is an important milestone for ConocoPhillips as we progress our phased exit from deepwater exploration in West Africa,” said Matt Fox, executive vice president, Strategy, Exploration and Technology. they should Ban Matt Fox from making any... — read more
UK Bosses Give Themselves SPIRIT awards for sacking staff and keeping themselves in the job
How F@cking awesome are they? Bonuses and pay rises all round this year too no doubt. Piss ups and brewerys come to mind.
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
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
The 28th....
Seem so far away...I am exhausted lets get the show on the road can we just agree on the 14th?
How many Business Processes have changed in 18 months?
The sweet sum of next to sh-- all I'll bet. Cutting heads is done by the weak. Changing the way you work is done by true leaders and there arent too many in ConocoPhillips.
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
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?
BP and COP.... a match made in heaven
Look for an announcement sometime next year.😎
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...
Town hall coming....
Town hall coming at end of July - expect Lance to announce layoffs
Look for some major downsizing in Bartlesville
Mulva always wanted to maintain about 2000 jobs there....Lance has no ties to Bartlesville...that number will be around 1000 by yearend
The Matt & Al show! 30% cuts coming. Organizational Change.
July 28th is the start of another round. So why do we have too put up with the Matt & Al show! Recently in Bartlesville they turned up in matching shirts and discussed about how hard its is for them to jet around the world in the private jet. I am... — read more
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
Phillips 66
P66 building rocks!
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.