Topics regarding layoffs at Occidental Petroleum Corp.

Topics regarding layoffs at Occidental Petroleum Corp.

New Denver Office Rumblings

I was told on good authority to brush off my resume and be ready for big changes here in Denver HQ. Can anyone else confirm?

Impact of DT over the last year

Does anyone else here feel that their life was impacted over the last year by DT? Impact on personal life was negative and professional impact was neutral.

by
| 1460 views | | 3 replies (last January 23, 2021)
Post ID: @OP+192hqqSc

Stock heading to $ 40-70

So happy to finally see Oxy stock and the country moving in correct direction. I realize now that the promised Greek mythological monster was just a scrawny earthworm 🤣.

by
| 1740 views | | 5 replies (last January 21, 2021)
Post ID: @OP+190sToR6

Oxy Warrants

Our Oxy warrants were sold from our 401k savings plan without our approval. Is there an ongoing class action suit to overturn this management decision?

by
| 2100 views | | 6 replies (last January 21, 2021)
Post ID: @OP+18ZZeG6W

Layoffs?

Does anyone think we will have layoffs again? If so, when?

Bonuses?

Does anyone actually think we will get bonuses next month? I think we will but they will be a lot smaller.

I was in a meeting the other day

and i am sure i heard VH had tested positive for stupid? Did anyone else in the meeting hear it as well? It was last week in the daily "lets all tell everyone what a great job i am doing on the WFH program and that i need my boss to give me more... — read more 

by
| 2250 views | | 6 replies (last January 17, 2021)
Post ID: @OP+18UvTXhX

To produce more oil, Occidental is going green

https://twitter.com/BW/status/1349486683012673536 Oxy can't even recycle their batteries consistently or their paper properly. Yet they are going to recycle carbon to pump crude. Lol

Oxy Warrants

Wish I could find the post of guys telling me my Oxy warrants were going to expire worthless. Looks like they are in the money today with six years left until expiration.

Oxylink

Anyone having problems calling Oxylink? It is perpetual hold for both yesterday and today.

by
| 963 views | | 1 reply (January 12, 2021)
Post ID: @OP+18Sdz58t

GoM Acquisition

Anyone hear what was acquired in GoM? There was a mention of a acquisition in a meeting last week and was just wondering. Thanks!

Oxy Retiree medical costs increase

Did any other Oxy retirees wake up this morning to find that Oxy retiree medical/dental costs increased. My bill from PayFlex went up almost 50% compared to last month. Been retired on x1 family retiree rate since November.

by
| 1470 views | | 6 replies (last January 12, 2021)
Post ID: @OP+18RXyCye

Stimulus check and VSP

Has anyone who took the VSP figured out how to ethically and legally get the most recent stimulus check or the next one? It seems like most VSPers have been all paid out and are no longer drawing an income this year. We are no different than a... — read more 

by
| 2010 views | | 6 replies (last January 11, 2021)
Post ID: @OP+18PRIhlo

A year later

Having major layoffs last January right before the pandemic hit was some majorly bad timing (unintentionally) for those affected. I'm guessing they didn't have many options for other employment for a while unless they started looking right away... — read more 

Oil at $50 and rising

How many can say something positive without including a criticism or insult? My guess is very few.

by
| 1960 views | | 10 replies (last January 9, 2021)
Post ID: @OP+18MLw8N5

GOM leadership leaving

Another leader (LAPC Director) is packing up and leaving for a competitor as things just don't seem to be getting better in the GOM group. Not much to see here folks, just a mismanaged group run by incompetent / arrogant executive. Safety is as... — read more 

Does Oxy suk or just energy in general

The stock prices of major and big independents Vs time are similar to that of Oxy. The entire sector is rotten now and is probably not a great investment. Maybe that is obvious. Wait 6 months then things might turn around.

Back to work

Looks like the WFH will continue for at least through Q1 so you can continue to get another 3 months off. Not a bad gig to work from home, get paid a lot of money, and still get bonuses.

Reeves and Pecos Counties Asset Sale

Public records show Oxy sold about 40,000 net acres to PE backed Forged Energy II in Reeves and Pecos Counties. I believe this is the same acreage they bought for $40,000 per acre from J. Cleo et al in 2016 Wonder how much they sold per acre ... — read more 

by
| 2850 views | | 4 replies (last January 5, 2021)
Post ID: @OP+18GVMCso

Oxy is best seen from distance

While working here, I knew that management was not the best, but I always had doubts that I might not be the best worker either. In fact, I mostly blamed myself. Some things are probably not seen clearly when you are here, so only when you leave... — read more 

by
| 2160 views | | 7 replies (last January 2, 2021)
Post ID: @OP+18GwPlGA

Good time to upgrade staff

*Even after Covid the oil business will never be the same as it was pre-Covid as there were many buyouts, mergers, vsp, retirements, and layoffs. So many people are out of work and available that Oxy could have their pick of candidates. Actually, it... — read more 

So much justice going on at Oxy

Given the companies demise is one example of karma, I can't believe how many at Oxy have been affected by Covid. Its simply poetic and brings so much justice to a company that thinks they can take the lives of people born differently through bullying... — read more 

by
| 1941 views | | 3 replies (last December 31, 2020)
Post ID: @OP+18Fk8VP7

Forty Billion Dollar Debt

OXY spends money like a drunken sailor in Vegas. OXY should stop everything and everyone to clear this debt in 2021. No spending, maintenance only, and clean house

To my fellow VSP’ers

I got a nice package last year, so I’m not at all complaining. BUT...I only have a year left of payments and job prospects look bleak given the economy and my age. Anyone experiencing this too? This first year went by so fast. I’m just getting a... — read more 

Start a new thread - post a news comment, question or message:

: