Folks be warry! I retired early, & I rolled most of my thrift and all of my retirement out & away from COP. HOWEVER, I retained what I need to live on until I reach 59 1/2 with Vanguard in Stable Value. I worked with Vanguard to make monthly... — read more 

The email to Alaska indicated it would be 10% for that BU

Buffett is coming

Some will see groups slashed by 50%, it will be bad. No one is safe. I've heard that from so many. Look to your left and to your right, one of those people will be gone.

Here's a link to the Houston Chronicle that also provides Chevron's WARN letter. Chevron provides a specific start date for Houston lay-offs and an exact number of affected employees. Frankly, I wish COP would offer the same level of detail. This... — read more 

I saw a new item in my last pay cheque, that says "Special Recognition" its a small amount of money but just want to know what is any comments?

Houston Mayor's office notified of more than 500 employees affected by layoff. Will be many more!!

Seems like a lot of people are volunteering to take the severance package. Can some of our May "volunteers" describe how this process works. If you volunteer are you able to set when your last day will be ?

Bets accepted

Lack of communication on what is going on. No one knows exactly how the people who are laid off are chosen, and when they are chosen they are walked out like convicted felons. I've been with the company over 10 years and have had solid performance... — read more 

That's when the kingdom goes into the red at $50 oil prices... And on Aug. 28, 2019 that's when we will go back into the deep water GoM...

From 1996 to 2006, a group of scientists went onsite at Boeing to study what happens when a company is inundated with layoffs. They wrote a book about the study - "Turbulence: Boeing and the State of American Workers and Managers". They claim that... — read more 

No offense. 2 million barrels of oil a day. $40 price and $50 cost ($10 per barrel loss). Cannot stop production as the debt must be serviced. Loss $20 million per day, $600 million per month, $7.2 billion per year... And the numbers are quite... — read more 

I've read with interest the number of posts written which suggest Finance roles should be pushed out to the BU's. During my long career I have seen times when much of these roles WERE with the BU's. What this means is that there could be SEVERAL BU... — read more 

So we are "right" sizing and returning the Ex Pats home. Which means ~20-40% layoffs from right sizing and another ~5-10% layoffs for Ex-pats to come home to the smaller BUs. Stressing big time...

I talk to co-workers, particularly younger ones who say "I hope I don't have to look for a job." In other words, they aren't looking, which they should be......as should everyone. It's just the prudent thing to do. Experts will always say it is... — read more 

The e-mail from Jeff Sheets this morning makes it sound like Finance won't be hurt to bad until 2016. Maybe we can keep our jobs until VCIP time!

Try your hand at writing a Haiku regarding your latest experiences. Typical 5-7-5 syllable pattern. Here goes: Stress is killing me; Puking in the bathroom stall; When will it all end?

Our brains ache, in the merciless bear market trade winds that knife at us... Wearied we keep awake because leadership remains silent... Low spirits confuse our memory of the salient... Worried by silence, employees whisper, curious, nervous, But... — read more 

I am looking for any rumors, speculation, or prognostications for the San Juan Business Unit. What has anyone heard?

I was told today that management plans to layoff 300 people in bartlesville and send the rest to Houston. Can anyone confirm?

I overheard a conversation today that concluded that there was no role for the global functions in Houston. Is this what others are hearing?

So did anybody hear about the trio in Bartlesville that decided to go out with a bang, so to speak?

The CEO is always over paid PEROID. It's not even a piece of the the picure. . If you want to work for an oil company, you'd better be perpared for the ups and downs. I've seen too many people riding the wave and expecting it will last forever. I've... — read more 

I have lived all over with the company including Bartlesville and Houston. I enjoy both places very much and for different reasons. Bartlesville offers a great family environment with no commute and is great for the small town people. Houston offers... — read more 

After this layoff there will be another, and after that one another. When it's all said and done over 50% of the company will be gone. Ryan Lance will be out and some other greedy CEO will take over to get his 27 million dollar salary. If you think... — read more 

Left the office late tonight and was talking to a maintenance bloke who works for GWL (building manager). Looks like they're shuttering all the west side washrooms, both male and female, in Gulf Canada Square over the long weekend. Guy wasn't too... — read more 

Just heard one dude being interviewed by his boss on mobility preferences, skillsets, retirement preferences, etc. Didn't hear much more than that since hard to hear. This dude is experienced (old) and "specialized".