Midstream: in the past 3 years Phillips 66 Company has shut down or idled the following assets: 1/2 of North Texas Crude Gathering System; Chisholm Pipeline System; Line - O (Cushing to Borger); Alliance Refinery; Most of River Parish (purchased... — read more 

My take on Lashier's email about Q2 earnings is that he's basically saying "good job everyone, but we're still gonna have layoffs".

Enron used McKinsey too….just sayin’……. https://amp.theguardian.com/business/2002/mar/24/enron.theobserver

Poor decisions led to $110 million LPO, unethical contractor selection regarding TA general contractor and material management, extremely poor leadership, targeted retaliation for opposing views, unfair hiring practices, running maint/TA groups into... — read more 

Is it true that the research center in Bartlesville is closing?

anyone else seeing people leave like never before?

Does anyone know much of a percentage Blackrock owns in P66? Are they the ones in the drivers seat behind business transformation and Inclusion &Diversity?

With the downturn in the economy and consultants eliminating jobs, any news if they will target P66 employees or target contractors?

McKinsey has been to Ponca City and Bayway. Any new out of those places about the Transformation?

But what does that mean??

Let’s see if I have this right. AE66 was supposed to drive transformation, innovation and improved financial position. Instead it has delivered minimal innovation, nothing truly transformative to the industry, increased costs, decreased quality and... — read more 

https://www.nationalreview.com/the-morning-jolt/why-diesel-fuel-costs-are-really-rising/ Great article on how recently closed refineries are affecting fuel supply. The article mentions Alliance - “Phillips 66, for example, would have to spend more... — read more 

A Thursday 8am town hall meeting with mgmt on hand to answer questions afterward. 60-day WARN?

If they increase the amount of diversity training, that will help the bottom line.

Never lull yourself into a false sense of security. You're not safe as long as there's somebody in another country who's willing to do your job for a fraction of what you make. This has been happening for years and this will continue to happen... — read more 

Most likely outcome: consolidate similar functions, and then solicit EOI due to redundancy. Finally a layoff to reach the reduction goal. IT’s attrition is better than expected lately, likely most people are waiting for EOI. The market could not be... — read more 

Since layoffs usually come after a bad earnings report, what are the chances we're in for some cuts after today? I've been looking around and from what I can see, things are looking good ahead of the investors' call, but you can never be certain when... — read more 

Communication? Flexibility? Technical knowledge? Networking? What do you think?

Winter is coming!

Why in the world would you worry about layoffs at a time like this? Things have never been better for O&G than they are now. Relax and enjoy it while it lasts (and it will last for a while, I think we can all see that). I don't understand people who... — read more 

I have heard IT and Finance will get hit with layoffs. I have also heard Procurement will get laid off. Any insights to which departments will get hit with layoffs? I have also heard of more finance restructuring, not sure if that means layoffs or... — read more 

This new guy isn’t great at keeping the bad news under wraps.

I'd like to know how the bloated middle management always survives layoffs? There are so many layers that could easily be removed and yet in 99% of situations, they're not affected by layoffs. Makes you think who really makes the decisions when it... — read more 

https://www.reuters.com/business/energy/layoffs-begin-shuttered-phillips-66-alliance-louisiana-refinery-sources-2022-02-09/

That resulted in Valero's fourth-quarter refining margin jumping to $3 billion from $1.1 billion a year earlier, portending bright scenarios for peers Marathon Petroleum (MPC.N) and Phillips 66 (PSX.N) that are yet to report... — read more 

I was part of the layoff earlier this month and another large portion of the employees are set to depart next Wednesday. A rumor circulating at the site is that Marathon toured the facility recently and is close to a deal on purchasing the refinery. ... — read more 

I'm not sure what happened here, but where once you could be certain that hard work would result in career advancement now it's no longer true. That leaves very few reasons to remain here instead of looking to move to a company where I could move my... — read more 

https://www.wwltv.com/article/news/local/refinery-layoffs-in-plaquemines-parish-set-for-january/289-85b9e465-115e-48e3-9fc9-4468ced42bb4

Sad situation. Bob Herman goes to the refinery a month or so before the terminal announcement and tells the employees that the refinery will be running again in the spring either by P66 or a new owner. Comes back a few weeks later and lays everyone... — read more 

What are your thoughts about potential Phillips 66 layoffs? Any chatter, news or rumors?

What an asinine idea. Herman & Company botched the sale and now this idea just when refining is heating up again. Maybe trying to shake down the state and local officials for tax breaks/incentives??

Everyone just received a terribly worded email from HSE guy saying basically our company is folding like a cheap suit to the unconstitutional OSHA vaccine mandate. The email basically said we doubt the testing option will work for us so get the shot... — read more 

P66 is embracing Bidens (OSHA’s) Emergency Temporary Standard and will be forcing employees to vaccinate or pay the consequence. The government is turning corporations into the VAX police, why is P66 rolling over and complying with this obvious... — read more 

Any thoughts on AE66 2.0? If you read the email, it's all about cost cutting. I've heard they want to cut costs by $1.0B. Kind of hard to do without layoffs.

Anyone else hearing Bayway and Los Angeles are on the chopping block next after Alliance is gone?

Hi, Did P66 layoff any employees since COVID-19 has started and how many? I can't find this info anywhere. Also, what about Chevron?

Do we know when the next round will happen?

Who will it be?

Has anyone worked at Chevron Phillips or know anybody that works there? Is this a good company to work for? Good compensation? How often are the layoffs there? Thanks I know they are a JV with Chevron and Phillips 66