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...
On payroll through April?
Is it true (as described in an earlier thread) that we will be on payroll until April 30, and then the (3*years of service) severance starts? Are stock units vesting as described in the stock awards? Good luck, all.
employees walked out the door but contractors remain...
The employees are walked out the door but the contractors remain. Talk the talk but don't walk the walk Ryan Lance. The contractors are now doing the work of the employees involved in the layoffs.
No company lays off thousands employees on a so-called market dip...
The crisis is real, and will take decades to clear. The changes are structural and beyond our control. Good luck to all. I am in Financing and will be changing industries.
Employment Attorney Help
Do you think that I might have shot if I was to pursue my case legally, I was very close to retirement, had stellar reviews and people with less experience and less knowledge were left while I was let go. I cannot share more details but wanted to see... — read more
Canada BU in Bartlesville let go 12 yesterday and today. We were told that was all for our group. We'll see...
Newspaper says up to 90 total in Bartlesville. That's 5% of the Bartlesville workforce. This is unbelievably tragic to see happen. I am heartbroken by those we lost and the numerous others I don't know.
Layoffs in Houston Monday / Tuesday
Conference rooms booked all day for monday and tuesday to one lady in HR... Engineers in multiple BU's told to take home personal belongings or box them up in preparation... Very much looking to be deeper than 200-250 that was expected in l48
This week's layoffs
Finance started today, 20+ in the Canada BU in Bartlesville... Supposed to go on through the week
Alaska BU comfims 25 layoffs in news article.
Alaska had some layoffs yesterday and today. A COP spokesperson confirmed 25 layoffs so far.
Look out Exploration
Rumor is tomorrow and Thursday for exploration. Possibly extending through next week. Good luck everyone...
Going down in Bartlesville
Layoffs started heavy today
MCBU Houston April 6-8
No word on numbers, but we've been told it will happen April 6-8, and to take all personal items home because, if called to a conference room by HR, we won't be allowed to return to our offices. Cuts may be deeper than 10%. Supervisor indicated that... — read more
Layoffs Certain by End of April 2015
Ryan Lance said that layoffs will be done by the end of April 2015 Ryan Lance told employees this morning during his annual VCIP town hall that reduction of ConocoPhillips' direct workforce by 10% will begin soon and will be finished by April. He... — read more