You can do cuts, reorgs, fire and hire, but if you are thoroughly incompetent and your organization is deeply dysfunctional, none of the above will ever produce any results. This is not my first workplace, but boy, is it the worst! I regret ever... — read more 

So happy that P66 has taken the Task to get rid of people that do nothing but walk around, create problems, then pontificate how smart they are by solving the problem they created. This Task should have been taken care of long time ago. Putting... — read more 

Unless you all stand up as a group nothing will change. Keep asking the canned questions at the townhalls. Keep quiet and maybe they'll fire your coworker and not you. These businesses have been doing this for years. Then they convince us we are... — read more 

Interestingly, they are spending so much on WEP to cut jobs, yet the executives are still flying first class and corporate jets around the world. Half of the travel isn't even necessary, they want to be seen, and line up their next gig for when they... — read more 

In the past 18 months, since the L&D organization was created, 100+ employees have been added to this group; most of them new hires. Since then LDLT has constantly ignored the expertise of their employees and hired vendors and consultants to pretend... — read more 

Z recently spoke at a conference in New York. In this speech speech she was very long on what Phillips 66 is going to do in the future with Emerging Energy and very short, except for Rodeo, on what Phillips 66 has actually done in that... — read more 

Anyone understand what the heck was the email about today. Do they understand we don’t care what they are saying. Just offer layoff packages and get it over with. Still cheaper paying all these consultants Please stop the madness!!!!!!

That Go-Go Boy said at an energy conference today that the margins for renewable diesel are not what they expected, and the renewable credits are a lot lower, at 9-year lows, than expected as well. There are a lot of excess credits in California. The... — read more 

Anyone got any rumor about this?

Let’s use this thread to share what we know about how layoffs work, if we know. My question is this: When a layoff occurs, do we receive our restricted stocks on the vesting schedule they were planned for? I was reading the policy recently and... — read more 

Alright, alright, alright P Sixty Suxers who's raising their hand for voluntary severance from this post-McKinsey dumpster fire?

It’s been said by the Go Go Boy that BT will make P66 a better place to work. If that’s the case, why is it such a struggle to keep employees? It’s true that there is a core group of employees who stick with the company no matter what. But, far too... — read more 

The new practice of outsourcing our jobs from the United States to India is a result of our current leadership team looking to reduce labor costs. While our CEO and CIO say that this will help boost shareholder value, the negative consequences of... — read more 

Are they coming?

Thoughts? Will the Go-man one up Lance?

When is last time anyone mentioned Our Energy I Action except as a punch line, other than the ELT of course?

Our new corporate logo!

Did anything worth while happen in this meeting?

Did Borger get their new contract ratified?

any insights on the recently announced sale of JET retail in Germany and Austria? versus the noncore assets in US

Has a long history of abusing people, especially women, who are believed to be beneath him. He is surrounding himself with people "like him" to keep the "culture" he's used to. One of his reports spoke horrifically to a female in front of leadership... — read more 

Pity none of them are getting the "walked out by security" experience that so many of our colleagues have got, but good to see that bloated structure shrink down a bit...

P66 missed the 2024 earnings estimate. The analyst weren’t expecting much, we couldn’t even make that. The CEO was long on excuses but short on any viable actions he plans on making to rectify the situation. To the ELT: those footsteps you hear... — read more 

At the last earnings call, the CEO said that he would probably be talking about the asset sales at the next earnings call. He’s going to have to hurry if that’s going to happen by tomorrow morning. It seems to me to be just another BT failure... — read more 

Just heard we are getting rid of the P66 Dependent Scholarship program. Why we continue to spend so much time and resources into MyRoute and meanwhile cut meaningful programs is baffling.

After more than 2 years of BT, Emerging Energy is still no closer to being a $2 billion dollar business that it was on day How long are they going to let this farce continue? Oh yeah, L and D is still a punchline.

Wonderful BT is not going very well at all in my little area, how is it going in the different groups across the company?

The company is forming a Margin Capture Group, which is a good thing. A lot of money can be made by getting molecules in the right place. This should have been one of the first things that happened two years ago when BT was first rolled out instead... — read more 

So where does one think the money will come from to pay for the dividend increase? BT, layoff, or July... — read more 

Anybody get any info on the new dr-g testing policy? Many states are removing mari--ana from random panels for safety sensitive employees? However testing for mari--ana will still happen after an accident or from reasonable suspicion? To go along... — read more 

Just a normal day at the Borger Refinery.

It appears to me that the CEO is not the same person he was 2 years ago. He doesn’t seem near as outgoing or as jovial as he did back then. Granted, I only see him on videos or town halls. I wonder if the pressure is getting to him?

I’m disappointed that Elliott has accepted the performance goals of Phillips 66. They say meaningful progress has been made toward meeting the stated goals. I was hoping for a proxy fight but what can you do?

It’s official. More layoffs this summer. If everything goes right it’ll be mid-June/July. Apparently there are a few groups/areas that are off the table for this round. Stay tuned and I’ll try to keep you updated.

One our primary peers stock price is $13 above our stock price and the other one is a full $40 higher. $40!!! And the only reason our stock is not even lower is because Elliott is still around, we just haven’t heard much out of them lately. So much... — read more 

What about the recent visit from Michelin to the research center? Anyone thinking that’s an asset we’re selling? Go BT!

The Borger Refinery has barely run at all and has missed out on a lot of great margins in the last 2 to 2.5 years. In addition, morale across most groups is at rock bottom. How long is the company going to stick with the current leadership hoping... — read more 

Our CEO said in an interview that he makes the best oatmeal on the planet. That's right, with everything going in the world and the company, that's all he could find to talk about. No wonder P66 is a dumpster fire right now!!