What does the yardstyck say?
With BP oil cutting around 4700 plus 3000 contractors will Marathon Petroleum be next?
Margins went up 1.4% on announcements. Pays to follow what other competitors are doing.
Happy 2025
Let the layoffs begin.
Summer 2024 Interns
Looks like the interns from this past summer all got told that they would not be getting offers. This was due to the uncertainty of the economy and being an election year.
Contract deets
So what are the details on Detroit's contract? All I see is "significant wage increase" blah blah. What are the real numbers?
Let’s have some fun…..
It’s almost the holidays so let’s have some fun. What’s the WORST department at MPC? I’ll go first….. COMMERCIAL
Leadership insight forum
Wow….was that weird or what? Ol’ Maryanne has quite the delivery style. Same old song and dance just a different face at the podium.
Marathon Oil Layoffs 2025
Is there going to be any reorg or Marathon Oil layoffs? Any chatter, news or rumors?
Where is the money going? Excessive share buyback program
You wonder where the money is going? MPC stock is ~16-20% higher than our peers, yet our share buyback program is ~200% our peers. That is where the money is going. Who benefits the most from a strong share buy back program? Those compensated... — read more
Lots of top brass at GBR
Seen lots of suits at GBR this week, any good news or bad?
Annual raise of sub 4%, dividend increase of 10%
10% dividend increase to help stabilize our share price, ie executive compensation, while our annual raises with relatively high inflation were sub 4%. Thank you sir, may I have another... — read more
Big Changes in Refining
Thoughts on the big announcement yesterday? Seems like the two of the three amigos got demoted. New ops SVP will be interesting
Californication
Phillips 66 on Wednesday announced that it would cease operations at its Los Angeles-area refinery in the fourth quarter of 2025. What’s MPC gonna do???
Trader Bonus - Up to $100k
To my knowledge and for those that don’t know, MPC traders get the corporate bonus + trader bonus. Trader bonus target is $50k with ceiling at $100k. It is a cash payout paid out around the time of the corporate bonus with no vesting period. I... — read more
Pulse Survey
The Pulse Survey from Q1 seems to have disappeared. They told us results would be shared in Q2. The results are always sugarcoated but this year seem to have completely disappeared. Too bad to sugarcoat or what is going on?
Will the Sea Port closures/ Strike affect anything at Marathon?
Saying they will let oil tankers thru but is that reliable since people on strike can be very upset and really do not want to see any business conducted until after strike is settled.
Elliott Management to acquire Citgo
With Elliott Group winning the Citgo refinery bid, and Mr. Goff at the helm, I wonder how many former Andeavor employees will be recruited to the new company?
Changes in Refining
There are some significant challenges within the Refining Executive Leadership Team given the current dynamics. One Senior Refining VP is focused on non-essential matters with little understanding of what it takes to properly invest and safely... — read more
Company Moral.
Mike Hennigan is the worst form of cancer known to corporate America and he is ruining this company.
Refining shake ups!
Alright, someone’s gotta know and surely I ain’t the only one hearing rumors. Is Mr aydt retiring? Are either of his direct reports exiting? El Paso, Robinson, GBR, CBG all getting Gms switched around? Rumors, predictions all welcome. — read more
Sooooooooo
Who thinks Q4 and Maryann’s LOW COST CULTURE will bring another round of layoffs?????
Mess up to move on, the MPC way?
I’d love to know perspectives on this. When a Grade 15,16,17 or 18 doesn’t do well in a job, we make up a corporate spot for them, let them keep a huge salary and essentially put them out to pasture. Why do we do this, is it to avoid lawsuits? If... — read more
Soooooooooooooo
Who’s moving to Houston? #NewCorporate #TradingOffice
Will M.P.C. be affected by a Conoco Phillips purchase of Marathon Oil?
$22.5 Billion purchase supposedly. What are they up to? Past history gave special funds to keep gas/oil going during War times. Marathon Petroleum and Marathon Oil were sort of separated on paper. Bares watching as company takeovers mean job... — read more
Lack of salary grade promotions
What is the story behind the lack of salary grade promotions? Given the transparency in pay level based on titles, seems like no one in my office at the working level has gotten one this year.
New CEO come August - what are you hoping for?
What are you hoping from Maryann Mannen? Specific policy or direction changes?
MPC Stance on THC Testing
Based on the employee brief that was sent out on 5/7, how will employees be tested via "reasonable suspicion"? Are refinery engineers at GBR/GVL considered Non-DOT?
Nepotism redefined!
This company will literally promote the most unskilled people imaginable because their grandaddy worked in Findlay while ignoring people with real talent that don’t line up like yes men.
Henni guesses?
Any guesses as to the BS Henni gonna sling in the corp town hall? Moving SA office to H Town??
Just a reminder
As the company stock hits new highs every day, just a reminder that they restricted you (the poors) from fully participating (25% 401k limit) in this price appreciation fueled by the billions of dollars of buybacks. However they did nothing to change... — read more
MPC position on THC testing
on april fools day, some (or all) refinery supervisors received an email from corporate HR stating that MPC would no longer test for THC to allow for more “equitable” testing across all sites, including those for which weed is legal. individual... — read more
Merit Pay Increase
What are you hearing average merit raise was and ceiling? I’ll go first, 3.25% average and ceiling at 4%
Welcome to Houston
Where you have to pay for parking because the company won’t even cover the full cost in record years. What’s the severance package look like? I’d take it if offered.
Hiring process at your plant
So, inquiring minds want to know - how’s the hiring practices at your facility? Do people who apply for jobs actually get an interview, or is someone who didn’t even apply hand picked by the GM? Are hiring managers allowed to “hire”? — read more
Why is this board so active?
I came on this message board in 2020 after a coworker mentioned it to me during the actual layoff event going on at the time. Since then I have noticed that the overall TheLayoff.com site is generally only active for any given company when they are... — read more
Bonus
38%
Salary Ranges
Salary ranges are posted on the compensation website. Increase of 1.5%.
Findlay to Houston
So who from commercial is getting relocated from Findlay to Houston?
Bonuses!
Bonuses better be good this year with all the sh-t I had to deal with.
Refining moves
So…after that round of moves any predictions for what’s next?