https://www.reuters.com/business/energy/refiner-phillips-66-cutting-staff-refineries-terminals-offices-sources-2022-10-26/

I'm not sure my nerves can take it if that's what's happening here.

Well, what’s the severance package looking like?

I have not heard the totals but as expected the last Tuesday of the month to provide the hr admins time to process the paper work without any overtime pay, in time to ensure no insurance payments would be made in November. Good strategy for head... — read more 

Some staff people are being layed off here at Wood River. Many migrating to the mothership in Houston. Many getting rerouted to the turnaround group.

... which is probably a higher percentage than formal communications. Research shows that grapevine information tends to be about 75% to 90% accurate. Since many rumors start from someone's account of an actual event, there are usually strong... — read more 

There are multiple threads with active comments, so trying to consolidate into one thread. Have you heard of any layoffs in your office this week? There have been reports of additional security and people being called to rooms in Houston on the... — read more 

You would think that something that the SEC regulates would be a bigger secret than a damn org chart… yet 1/2 of midstream knew the details down to the equity swap of DCP… and no one has leaked an org chart yet. Sounds like friends are taking care... — read more 

I found out that certain members of the Borger RLT get upset when they hear the terms malformation and energy inaction and we wouldn’t want that so we should not use malformation or energy inaction because it might cause their blood pressure to sky... — read more 

Yep

I’m very disappointed this morning. I expected much more P66 bashing that what I‘be seen so far. I know you can do better!!!

What a stinking joke!!!

All the best for all of us this week!

Looking back it’s pretty obvious when this once great company began its downward spiral to get to what it is today. It’s when it quit promoting from within a started hiring outsiders to fill the ELT.

Rumor has it that the HR manager was fired on Friday the 21st. Other HR personnel have jumped ship and are rumored to be leaving as well. Maintenance department is severely top heavy, I can see alot of changes coming there as well. There are several... — read more 

I don’t understand why they haven’t allowed expressions of interest. If they had done that the people that wanted to leave and the people that wanted to stay could stay. Win/Win situation. And they would exceeded their head count reduction target... — read more 

I've tried applying for new jobs, but few companies are truly hiring right now. It doesn't help that most of my skills are the type that is O&G specific and are not transferable outside the industry. I know there's attrition happening but I can't... — read more 

I can’t wait for karma to kick in on our elt and most of all on McKinsey for all the needless and useless pain they’re causing very good people to live through. It’s sometimes slow but when it finally comes, it usually paid back in spades. — read more 

If you don’t want to be on the top of the layoff stack, you need to donate to United Way. The company is harping on this for a reason! Someone in HR has told me that they keep track of every employee that has and has not donated to them. Think it’s a... — read more 

With ExxonMobil announcing a sale of their Billings Refinery today, is this prime time to sell Alliance? This is the first refinery sold in the last few years and it is selling for $300 million. It is a 1/4 the size of Alliance. I would guess that... — read more 

One more week left in October...safe to assume all people related changes will be announced then. Thoughts?

Has anyone else just checked out? Managers/supervisors have checked out?

Bayway just shuffled their maintenance dept. Totally ridiculous, slashed job titles and created equally useless titles to move people around. Tripled some workloads and everyone else in the dark about job responsibilities in their new roles. Total... — read more 

They are delaying as an anxiety tactic hoping to force as many people as possible to leave the company on their own free will, thus minimizing the cost of the severance package program. Anyone who has not caught on to this fact knows very little... — read more 

I wouldn't mind so much if they didn't keep patting themselves on the back for being so "transparent". I wanted to give this management the benefit of the doubt, I really did. Then they pulled this cr-p and I realized I was an id--t. All they care... — read more 

That's certainly what I plan to do as soon as possible! Your life can only improve if you do that! So many things are wrong with P66 currently that even if I can get a job offer that pays less than I earn now I'll be overjoyed to accept it! I'm so... — read more 

If the company says there'll be layoffs, it'd be nice if they then proceeded to have said layoffs. What's the point of letting us know weeks in advance? All that's achieving is raising the anxiety levels for a whole bunch of us and making us stress... — read more 

Once again refining employees get promised ‘X’ and receive ‘Y’ that is

In terms of P66 personnel after it is all done? In other words, what is your guess in total losses in percentage terms? 5% reduction?

The emails all said something to the effect of, “…in the coming weeks those leaders will pick their teams…”. Does that mean layoffs will happen within the next couple of weeks?

I heard Friday is d-day.

And really any other consultant vampires: https://www.theatlantic.com/ideas/archive/2020/02/how-mckinsey-destroyed-middle-class/605878/

Never seen a company go through such a self imposed implosion like P66. We are losing talent left and right and keeping the management in place that drove them all to look elsewhere. I’ve seen people leaving in droves recently for competitors. ... — read more 

I have it on good authority tomorrow is the day.

I’m not going to lie, I was excited by the idea of change at P66. It is needed, but once again I was fooled. There isn’t really going to be meaningful change in a good way. The org changes announced will do very little. McKinsey and BT are too busy... — read more 

No cap: just saw a McKinsey drone napping in the break room

At least not in this case. The acquired company will most likely lose some employees but I don't see why we would be affected in any way. Any redundancies should be dealt with on their side. I think people who are worried about what's to come are... — read more 

Gotta wonder if McKinsey’s been poking around in DCP too. A whole lot of our assets are next to theirs, so it makes sense, but that also means layoffs are imminent.

Shell Oil recently announced it was giving all 82,000 employees a bonus of 8% of their salary because of their record profits. Has anyone heard about Phillips 66 possibly doing the same thing? I heard in a recent presentation from a high level P66... — read more