Thread regarding ConocoPhillips layoffs

Why would COP need layoffs?

People are more than happy to leave for greener pastures even during a pandemic - that should tell you something about the quality of the company. Honestly, the only reason for no layoffs for this long is the fact that the attrition is making up for it. Change my mind, I dare you.

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| 3921 views | | 7 replies (last October 29, 2020) | Reply
Post ID: @OP+173ZbfwF

7 replies (most recent on top)

Layoffs will be coming within 6 months....get ready!

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Post ID: @Cfwt+173ZbfwF

Way to much overlap and overhead now. Time to go!

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Post ID: @Bzhz+173ZbfwF

Word is out that the ELT is exploring taking us private.

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Post ID: @ayvl+173ZbfwF

Coming early next year after the reorg that’s shaping up now.

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Post ID: @9agm+173ZbfwF

Because we are horrifically bloated and bureaucratic. Also, we lead from behind. Since BP and now Shell have announced layoffs, expect some here soon.

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Post ID: @9bew+173ZbfwF

COP Canada is greener pastures up North.

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Post ID: @3bvt+173ZbfwF

This is their goal. Force people to leave so they save on severance.

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Post ID: @1xom+173ZbfwF

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