@GmKFbzq-1prl You must be from HR or an ITC Management troll. Our department announced a 10% reduction to the ELT in early February. Alpha ROM is coming, the LT wants it to be a secret until they are ready to announce the dates.
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False. ITC is planning for 5% reductions to the 2017 plan. If possible those will avoid additional employee headcount reductions.
10 and 15% reduction plans are also being drafted. If needed (or asked for) those will most likely impact headcount.
The management team in ITC have already completed their lists of the folks for the next phase of the Alpha ROM this year. It does not matter whether the price of petroleum goes up, they are taking the opportunity to layoff more staff. When they need more staff in the future they will hire younger people from the universities and dumb them down with Chevron propaganda. If you are over 40, look out the ax man is coming this summer.
I am butthurt because I found out that I'm a piece of deadwood and can't post enough on this lump sum pension. Would you guys please allow me to post on this off-topic issue again? It only counts if I interrupt another unrelated thread with it because I am a millennial liberal entitled Chevroid moron with no consideration for others.
@pwg. No, Tell me more about this pension thing.
More importantly did you hear about the lump sum pension?
My PDR said as much recently. Lots of people coming off Gorgon, maybe a few openings if TCO gets FGP to FID later this year.
with everything depending on the market and price of crude, that would be a logical step. Not welcome step ...
More likely they have not made that decision public to employees yet in hopes price will go back up.
They have not made that decision yet