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
April 2015 Layoffs
Just a rumor for now: Word is that for the Lower 48 and Alaska layoffs will happen the second week in April.
Bartlesville
Should we expect layoffs to hit hard this week? Spring break is over and everyone will be headed back to work this week.
Let's put this into perspective: HAL, Baker, SLB, BP = 30,000 Layoffs
I know it's a hit for us in Canada, 200 is a lot, but think about the carnage down South. Houston area will lose 200,000 oil related jobs by the end of the year. The prices will not recover, get used to it. We will be suffering for a while, so I will... — read more
Silence on the layoffs at COP is deafening!
I really don't understand why Corporate hasn't been more forth coming about the layoffs. So far not one communication has come out about them. It's not like they are a secret, or that the employees can't find this information on the internet, it's... — read more
Calgary Office layoffs
Calgary office has started with layoffs on Monday and the word is 20% of the workforce will be cut.So far, 90 people were let go since the beginning of the week and the managers announced the biggest cuts to be Wednesday and Thursday. Does anyone... — read more
PAB layoffs
Any words of layoffs in the PAB, part of the MCBU business unit?
More layoffs, more intense...
Oil glut going from rather bad to worse, EIA supplies hit 80-year high and may remain at this level for a while. Let's see what happens here...
Bartlesville?
Have the layoffs started in Bartlesville yet?
Layoffs is not over yet in Calgary.
Conocophillips is not done yet with the layoffs. In Calgary office they are sending 20% of employees home at the end of the week.
The Layoff severance package
Lots of people wandering about severance package. Some of the folks told me that employee who earned more than 120K will get monthly salary plus number of years working for the company. It all depends of the "level"of experience. The lower the level... — read more
Head Engineer
This is a test.
Ex CEO of Shell Oil predicts oil prices exeeding 80 dollars per barrel in 6 months
Ex Shell CEO predicts oil prices at 80 dollars per barrel by Fall 2015 --- http://www.cnbc.com/id/102381893?GOTYOUBYTHESAK
There are far too many politics played in the Canadian office
I know I use to hold a Supervisor position. I quit because of their 1-5 rating system. Why would staff try when they know they will be a 3 year after year. Only those who were "preferred" would received projects to make them stand out for a higher... — read more
A Generous Severance Package Received
I was laid off this week. I have been with COP just under 2 years, and received what I think is a very generous package. I still think COP is a great company, these are just hard times and shareholders want profits.
Forced rankings is forced bullshit
Dirty knees can climb a ladder faster than a top performer!!!
Rockies business unit
Wednesday and Thursday of next week HR will be here!!!
Layoffs will go quickly when it begins
It will not be dragged out for 2 months. Get contact information with people you want to stay in touch with while you can. Pack up all your personal stuff (you can always bring it back). Head down and mouth shut while hoping for the best. Don't be... — read more
Layoffs 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
No packages!!!!
They are trying to downplay it by calling it workforce reduction...playing the "oh we just spit the company so need to get smaller" card! No packages necessary then...
WARN Notice Law Violation?
COP is a great company and these are unfortunate times. Severance package circumvents the "warn" law, not all companies are this generous during lay-offs. The closed door meetings have already taken place. They are finished and I suspect the list of... — read more