Do not be fooled by thinking that your colleague will go and you will stay. This is the worst of layoffs. Huge Chunk is coming off. Prepare for it. Make sure you have at least 1 years of savings handy and prepare for life ahead of COP. Good luck!... — read more
Severance for 1.5 years experience? Pro-rated to 1.5 years or just 1 year?
If you have 1.5 years experience do you get severance for 1 year or is it pro-rated to 1.5 years?
Shouldn't $27 million buy you a suit that fits?
Seriously, was anybody else at Ryans town hall today surprised that he dresses like a used car salesman? A greasy used car salesman.
On the bright side....
On Oct. 6, McDonald's will roll out all-day breakfast nationwide.
See ya!
COP must restructure and lay people off if it wants to survive and I understand that. However, I'll never go to another Town Hall and waste my time by listening to someone who isn't telling us everything that he or she knows, at least in this... — read more
Clarification on Severance
Hey folks, Since the official documentation is kinda terrible at explaining this: IF you DO NOT sign the waiver: You get 4 weeks of basic severance regardless of length of service IF YOU DO sign the waiver: You get 3 weeks per year worked based on... — read more
West Texas Permian and Barnett shale reports
Any news or numbers on the Permian or Barnett casualties?
Finance?
Any news? Seems like we've heard about IT from corporate but none of the other corporate staffs.
New hire offers rescinded
Apparently alot of the new hires who were suppose to start this year got there offers rescinded yesterday if they had not started yet.
Which date is it?
Some have said conference rooms are booked Oct. 5, but the e-mail today said 60 day notification. If we got that e-mail, does that mean Nov. 1?
First oil at Surmont 2 oil sands facility
http://www.marketwatch.com/story/conocophillips-safely-delivers-first-oil-at-surmont-2-2015-09-01
Let's do the math - more than 1800?
Did COP's letter to the press intentionally understate headcount cuts? So far, we've heard of 600 in L48, 400 in Canada, 200 in Alaska. So that's 1200 In BUs. Will there only be 600 cut in corporate staffs? Seems low when the whole point was to move... — read more
More job cuts announced
NYSE3:58 PM EDT ConocoPhillips says it's cutting 10 percent of jobs AP 8 mins ago ConocoPhillips to cut global workforce by 10%, including more than 500 jobs in Houston MarketWatch q 25 mins ago More. NEW YORK (AP) -- Energy company ConocoPhillips... — read more
Severance Calculations
Has anyone had any luck in negotiating their severance package? Normally set at 3 weeks per year of service. Any chance to negotiate or seek legal assistance in obtaining the 3 weeks per year of experience level? I was hired with consideration to... — read more
How is the mood in Calgary
Hang in there you all
Three (3) emails regarding Layoffs for CononcoPhillips
Dear Colleagues: As a follow-up to Ryan’s email on the COST Project, it has been determined that of the positions being permanently eliminated, more than 500 of them will be in Houston. We are required by the Worker Adjustment and Retraining... — read more
Movie Quote Therapy
Another day, more bad news. What famous (and maybe not so famous) movie quotes come to mind when dealing with the emotions of a mass layoff?
Conoco Layoff Summary for today - September 1st 2015
Can someone summarize what happened today as it relates to layoffs (conflicting news on the web)? I was let go a while ago. I wish you all the best.
Recommendations? Fill out an EOI if you are ready to go....or does that mark you as not interested in your work?
Looking for recommendations from those who have gone before - COP has opened an EOI period through Sept 11. If a long-term employee is not averse to being laid off with severance, what are the downsides to entering an EOI? If you are in a position... — read more
It's not really about G&A savings
Sadly it's seldom about real G&A savings, that's not going to make the difference in a company's survivability. It's sacrificing staff to show head office, the owners or the Board you're taking action. The human cost doesn't matter and it costs... — read more
This is what you get
I can’t believe the gall of this company. My spouse was laid off recently, probably because he was older and higher paid. They replaced him with a younger employee that has been with COP for just under two years. His former boss called and asked if... — read more
Dentist, Chiro, Prescriptions, etc
Might be time to book any appointments that use benefits in the next few weeks. I'm booking the dentist tomorrow just in case and filling up my prescriptions.
Follow up email
Still no one has posted the supervisor email that basically is asking for volunteers. I do not currently have any direct reports in my role, so I didn't receive it.
L48 Houston
Anyone know what's happening there? Ex-husband works there, divorced with alimony and 4 kids. I hope he keeps his job.
Congratulation to the Anonymous poster who predicted a 10% cut back in early July
I guess, he did not predict it (or was that a she), maybe the person just knew what's being planned. At that time everyone kept saying that it will be much bigger and people were making jokes about the prediction. Now that we know the number we... — read more
This is just round 2
This is just round 2. After the asset sales in Q1/Q2 2016, we'll have round 3. Then for Finance - KPMG will come tell Jeff Sheets how to re-structure and we'll have round 4. If you make it through to 2017, you MIGHT be OK.
The source of our Oil
http://www.randalolson.com/2014/08/28/where-the-u-s-gets-its-oil-from/