Ryan nearly drowned in stream of own bullshit but was saved from rushing fecal waters by Coast Guard pararescue swimmers and $28 million bonus. Don makes new video trying to convey his compassion for employees. Lasers shoot out of his eyes... — read more
Do you ppl still sleep on the job?
I have heard from ppl that work at this company that employees wear sunglasses and sleep during the night shift. This is really irresponsible. You make 100k and sleep on the job. Where are your supervisors? Are they also sleeping? You are dealing... — read more
Hindsight is 20/20
got a call from Exxon a few months back, I let my loyalty get in the way. I guess we will see if it pays out or comes back to hurt me.
Any news about MCBU?
Would appreciate it if someone may share info about MCBU, Permian Conv. Unconv. and PAB?
Conoco Expats Layoffs
My guess (for what that's worth) is that Ex-pats will stay put if their position is absolutely business critical (that's why you're there!). If not, look for many ex-pats to be repatriated due to the huge cost. The risk is that if you're position... — read more
GCBU Conventional Update
Any word on the GCBU Conventional asset sales and layoffs?
Vote for political parties and candidates that will either tax multi million dollar executive pay at a rate of 90 percent, or ban them entirely
From Mulva's time, the fact that the company board appointed by him decides his compensation, just to watch the stock price go nowhere, is a scam. It reminds me of Enron, where the top management got well paid to run a company to the ground. If I... — read more
What is included in "the check" at the time your are notified, beyond the "3 for 1" value? Vacation buyout? RSUs owed according to terms?
According the severance policy, we are entitled to 3 weeks of pay per year of service. That easy to calculate, and I will have a spreadsheet current for the next couple of months so that I can tell HR whether or not the number on the check is... — read more
Future of the company
People who can please their boss, even though they are not really good, mess, lazy but they are smart ass, they always ahead from a good employees, too bad so many boss can't see it or they know it but they don't care. Leadership Team is bias and... — read more
Movie titles that describe ConocoPhillips layoffs
Whilst I await the day I'm probably laid off, I thought of some movie titles that could probably describe the entire affair. Add yours! Dead Man Walking Day of Reckoning There Will be Blood Eight Men Out The Texas Chainsaw Massacre No Tomorrow... — read more
Nobody know what to expect and I'm getting more nervous...
I tried to get the any new information about the layoffs from my supervisor and I got the standard "I know its stressful, just hang there" speech. But, the odd thing is, a few hours later, I got a request thru linked-in from him. Either, I'm gone or... — read more
Mulva
increase dividend. Cut gom. Cut people. Is mulva back?
Promotion or Layoff?
Unknown to me if the trip to the conference room was a promotion or a termination. Discussions were ongoing with management and HR for a promotion at the time of the layoff. Good spirits regardless of the end result of the meeting in the conference... — read more
Chevron layoffs
chevron gave its severed employees 2 months notice. WOW. Novel idea. Treat people with respect. Cop walks you out. Won't let you pack your office. Treats people like criminals not the professionals...cop is a joke.
Layoffs
The negative energy in our office is palpable!! All this layoff talk has people waiting around for the hatchet to fall....wish they would get'r'done and carry on with business, even though I will probably be one of those that gets cut!
New Severance Package
Word from HR is the new severance package heavily favors the company. Any word?
33% cost reduction in Canadian operations.
Lean management reigns !
Any news on office plants?
Has anyone heard if and when they are to be removing our office plants as part of the COST initiative? I am very attached to mine and wondered if there would be opportunity to purchase?
Please do not spread rumors
If you do not have any authentic information it's best not to comment you are not doing any favors to yourself or your colleagues by spreading rumors.
Employees electing to work for new company in assets up for sale
If an employee has informed their supervisor that they would like to stay within their asset and interview with the new company that potentially buys the asset, are they less likely to be laid off? Reason being, the company might avoid paying... — read more
CEO Apprentice
To Ryan Lance...You are so fired!
Leadership
Where is our leadership? Since COP announced more reductions, leadership has been hiding out and cannot be found.
Significance of 4th Quarter--October 1st
"Every company I know of, including Chevron, Exxon, BP, Apache, Anadarko, every company, you name it. They are all exceeding their cash flow. That's not sustainable. Something's got to give," he said. Gheit said the industry will have to look harder... — read more
Merger/acquisition?
Any one else think the cash they're gaining from selling all of these assets is in preparation to buy acquire another upstream company like Hess or Anadarko? Larger market share and more complete domination of upstream?
Deepwater Data Dump
Good luck on archiving all the deepwater prospect data. Once everybody gets laid off in the group, nobody will be able to locate it. No database, no system, no disipline. If you needed to find specific prospect data you had to "ask somebody". Once... — read more
Why don't they offer to let people raise their hand to leave but give them the severance?
Aw come on?! There are so many of us who just want to retire but would miss out on the juicy severance payment, so we wait and stay in our jobs for a little longer. Why not just have a voluntary program like ALL THE OTHER COMPANIES DO instead of... — read more
Fate of Expats?
All the BUs have crazy number of expat, mostly Senior Mangers are Expats what is there future? will COP consider laying off these heavy burdens? who take big salaries..and consider replacing with cheaper local labor
WIT at 45$ barrel at what point COP Management (ELT) press the panic button?
WIT at 45$ barrel at what point COP Management (ELT) press the panic button? At 45$ barrel all of Canadian/Lower 48 operations are under loss as operational cost is higher than 45$ wti cost, how long can COP management afford to run at this point?... — read more
Thoughts on the EC3 move delay?
The announcement email was rather abrupt, vague, and in my opinion ominous. Anyone have any insight?
Conoco upstream / downstream split
Good or bad move? What are your thoughts?
the race to the bottom... at what point is the drop in the stock price not part of the upper management corporate strategy? under $50 today.
the race to the bottom... at what point is the drop in the stock price not part of the upper management corporate strategy? under $50 today. The lowest price since the upstream / downstream split.