Topics regarding layoffs at ConocoPhillips

Topics regarding layoffs at ConocoPhillips

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.

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| 880 views | | 14 replies (last April 2, 2015)
Post ID: @OP+AFaYUNV

Bartlesville

Should we expect layoffs to hit hard this week? Spring break is over and everyone will be headed back to work this week.

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| 570 views | | 3 replies (last March 25, 2015)
Post ID: @OP+ADZujDt

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 

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| 710 views | | 6 replies (last April 2, 2015)
Post ID: @OP+AAEEZaq

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 

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| 563 views | | 2 replies (last March 19, 2015)
Post ID: @OP+AAWLIDH

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...

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| 400 views | | 4 replies (last March 19, 2015)
Post ID: @OP+AzYRbEU

Bartlesville?

Have the layoffs started in Bartlesville yet?

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| 631 views | | 2 replies (last March 18, 2015)
Post ID: @OP+AzeifFo

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.

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| 700 views | | 9 replies (last March 31, 2015)
Post ID: @OP+AzCEA2u

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 

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.

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| 760 views | | 9 replies (last March 16, 2015)
Post ID: @OP+AvDheb5

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 

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| 432 views | | 2 replies (last March 14, 2015)
Post ID: @OP+AuVrAOi

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...

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| 560 views | | 3 replies (last April 6, 2015)
Post ID: @OP+AtklUZj

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 

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| 480 views | | 1 reply (March 12, 2015)
Post ID: @OP+Atjt6pp

Unfortunate Times

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 

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| 430 views | | 5 replies (last March 13, 2015)
Post ID: @OP+AsMyY2n

Company may reduce workforce -- March 3, 2015 - 12:06pm

Speaking to the Bartlesville Noon Rotary Club, Headley did not specify how the companywide reductions might affect the Bartlesville labor force, which operates the corporate data center and handles many other support functions. The company’s 1,840... — read more 

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| 591 views | | 4 replies (last March 11, 2015)
Post ID: @OP+AlMG7bJ

Conoco WARN Notice Violation or Compliance?

I'm not sure if COP needs to comply with the Department of Labor WARN law. If it is required to comply with this law, then written notifications must be provided 60-days prior to the terminations actually taking place. Subtracting 60-days off of the... — read more 

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| 620 views | | 7 replies (last March 11, 2015)
Post ID: @OP+AhuKVl1

4s and 5s are going to go.

Hope your name is not on the boardroom table right now. Forced ratings are back and 4 and 5 are out the door very soon.

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| 430 views | | 3 replies (last February 24, 2015)
Post ID: @OP+zUSMPb5

2015 Conoco Layoffs are coming

You saw it yesterday, layoffs are coming. Now, they are not trying to downplay it and this will affect all of us. Matt Fox said yesterday that cuts in Europe are already massive and that we will have more cuts in the US. Now, do the math, it's easy... — read more 

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| 520 views | | 4 replies (last February 5, 2015)
Post ID: @OP+zOlCprD

Calgary Layoffs 2015

Anybody has more details about layoffs that took place in Calgary earlier this month (Jan 2015)? I do not think they were big, but a handful of people might have been let go.

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| 461 views | | 3 replies (last January 29, 2015)
Post ID: @OP+zGdZ6SA

Any updates today, Friday 16 2015?

Any updates on layoffs for today? It looks like SLB and Baker Hughes are hammered today. Also it looks like OXY and BP are cutting as well.

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| 360 views | | 1 reply (January 16, 2015)
Post ID: @OP+zA9Uo9Y

2015 Layoffs and Business Prospects for Conoco

I’ve been with the company for over 15 years, I started with Phillips Petroleum way back then. I’ve seen things go up and down, and if you feel like you are freaked out with the drop in prices please relax – things will always go up and down for us... — read more 

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| 830 views | | 14 replies (last April 5, 2015)
Post ID: @OP+z5BA8Uj

2015 Layoffs at ConocoPhillips

We'll see what happens in 2015, it'll be a rough year with prices rapidly dropping and profits melting away so quickly. We just cannot sustain such a large payroll.

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| 650 views | | 6 replies (last February 5, 2015)
Post ID: @OP+yXqWEbd

Old news

ConocoPhillips is cutting almost five percent of its overall work force, slashing capital spending by almost twenty percent and writing off thirty plus billions in noncash assets because of dropping energy prices...

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| 350 views | | 1 reply (January 20, 2015)
Post ID: @OP+tGHX0LJ

Doing good right now

But layoffs will start soon, the prices are depressed and I think we'll be challenged there - Conocophillips has been pretty good to me so I cannot complain, but I know that there major soft patches in our business model.

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| 346 views | | 1 reply (December 8, 2014)
Post ID: @OP+tFYOp0A

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