Exxon Mobil, Shell and ConocoPhillips report that their profits have taken sizable hits as their revenues suffer. http://www.houstonchronicle.com/business/energy/article/Big-Oil-profit-gets-smaller-as-crude-prices-drop-6234735.php
Why are the expats still here?
Why have they laid off good local employees but kept expats (in Houston)? I thought expats were expensive?
UNEMPLOYMENT FOLLOWING LAYOFF
Has anyone received unemployment checks yet?
Why no announcement yet?
I was one of those killed on April 1. Have been roughly treated and am still very surprised that COP has not yet leveled with the outside world that they have done layoffs (I don't mean the tiny ones in Norway, Canada, or B'ville). Just one cryptic... — read more
Severance Guidelines?!?
The Mid-Continent BU of the U.S. lower 48 seems to have laid people off based upon the VP's personal agenda and/or age & salary basis. Did other areas do the same, or was this a personal decision by a "leader"who refuses to take any personal... — read more
Return of Personal Items
Has anybody received their personal items yet? Is ConocoPhillips going to steal from soon-to-be former employees, or are supervisors, managers and HR even lazier that I thought? I start a new job on Monday, and would have liked to have received my... — read more
COP Shareholder meeting in Houston May 12
From the COP web page: "Join Chairman and CEO Ryan M. Lance for the annual meeting of stockholders on May 12, 2015. In addition to the scheduled items of business, Lance will discuss the company’s 2014 performance and 2015 priorities, as well as take... — read more
I am so glad I no longer work for COP. I got laid off 6 years ago. I got 60 weeks pay and took the lump some at the best time possible. I took another job with another major 2 months later, so basically got double pay for 40 weeks. Thank you COP!!!
The Future
Wonder how long until the next layoff? I don't think we will have to wait till the 4th quarter. This company is in trouble.
AGE DISCUSSION
Everything that I have looked at indicates that people over 50 were targeted for layoffs whether or not they were ready to retire. The specific group that I've reviewed had a career of 30+ years of service. The people were not complacent, had strong... — read more
AGE DISCUSSION
Everything that I have looked at indicates that people over 50 were targeted for layoffs whether or not they were ready to retire. The specific group that I've reviewed had a career of 30+ years of service. The people were not complacent, had strong... — read more
AGE DISCUSSION
Everything that I have looked at indicates that people over 50 were targeted for layoffs whether or not they were ready to retire. The specific group that I've reviewed had a career of 30+ years of service. The people were not complacent, had strong... — read more
And . . .
it begins again!
AGE
Why do they continue to hire more people to the Bartlesville Finance organization amid the layoffs?
Well . . .
Who's on the chopping block for next week?
1 Billion Saving in Operating Costs
Has anyone heard any specifics on how the company is going to reach it 1 billion in savings in operating costs? The company has stated that they are going to reduce cost by 1 billion by 2016. I understand some of that savings will come from... — read more
Next round of layoffs
I heard people talking about late May or early June. Do you think that we might be having another round of layoffs this soon?
Glad to be able to retire, sad to read the division between people here.
Long time dedicated employee, many friends at work, travelled to and lived in various places in the world for my job of 35+ years. Made it through a few of these oil related downturns over the years so I have nothing to complain about in that realm... — read more
parallel with game of thrones
Have watched game of thrones now a couple of times. The layoffs at COP may be following the same plot as the series, which is summarized below. Declare some of the people as being unnecessary or somehow bad Get rid of them, starting with the lower... — read more
what next?
So, after watching the analysts meeting, and seeing so many COP staff updating their linkedIn pages after getting laid off, it sure does look like more job cuts are going to be needed. Unless you are working on one of the blessed projects, or are... — read more
north slope alaksa
have they started telling who is getting laid off yet?? thought this last week they would know?
stay or go
I'm relatively new to the company, under 5 years, and I've received a job offer with another company. Same discipline but different field (out of oil and gas). Comparable pay, but a lot higher with benefits. It will require a long commute until I can... — read more
Watkins Colorado
Does anyone know if layoffs started in Watkins, Co (Niobrara).
Where did you go to work after leaving ConocoPhillips?
Let's try to capture some options here.
TheRealist is on the ConocoPhillips payroll... the COP "social media" PR engine at work
An example of ethics according to ConocoPhillips.
Call me callous...
But if you're a 20+ year hand and you have been coasting by, not actually actively contributing to the continued success of this company, relying on your years of service and"loyalty" to guarantee your continued paycheck, I'm glad you're gone. This... — read more
Working at ConocoPhillips
Post your experience here. What I would like to do here is to accumulate a number of experiences so people who search for Information on "Working at ConocoPhillips" will discover this page (for example I found it while searching for "ConocoPhillips... — read more
in preparation for a layoff... (do these things)
Immediately stop all after tax deductions including stock purchases, parking, United Way, etc. Copy all personal data to a personal resource including personal contacts and calendar items. Print out all goals and objectives and the associated results... — read more
Organizational Collapse will begin, Supervisors should be concerned
The corporate organization will be restructured, as Ryan Lance indicated in the Analyst Meeting, ensuring that technical BU support will be handled mostly at the BU level. It is speculated that the "blown up" org chart will first be collapsed... — read more
Most of the layoffs seem to be all about AGE.
In general, I have not seen any performance driven lay-offs. Good, loyal employees of 30-40 years are being laid off in lieu of young, non-proven employees. It is great to build a young workforce, but in my opinion, it would have "helped" the young... — read more
A few New Hires let go this week from the Houston office.
Doesn't make sense. COP is still hiring more new hires this summer.
Midland
What happened in Midland today? We heard a rumor that some people were let go, but nothing solid. Also heard that it would be from today until Friday. We're all on edge. No one on our team has been with COP longer than a couple of years. We don't... — read more
Does anyone know when regular pay stops and severance pay starts? And what happens to medical benefits/when?
Layoffs have begun in Houston today and I am bracing for the worst. All affected so far are in my thoughts and prayers.
San Juan Business Unit
Layoffs started this morning.
PAB Layoffs
Anyone know if HR will be in this area next week?
Rest and vest!
Take it easy...