Has anyone heard anything about a warmup round of layoffs before the end of 2020? Been hearing some talk of this.
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Exxon just pulled the lever yesterday and will Do so again in March. Wouldn’t be surprised if COP decides that we should do likewise.
OP is listening to rumors. Nothing will happen before year end. Q1 & 2 for certain. Xmas optics would be bad. Layoffs without VCIP would be subject to legal considerations. Most EOIs will be honored. Those that aren’t honored will be both a compliment and a bad mark from which the recipient will be forever remembered. The chosen have all been rewarded and know they have nothing to worry about. The future has been determined. Conchology will have run its course in two years. Many careers will be ruined and a few will be made. It’s never about fairness. Tough times.
Garbage - there will be no WARN notice.
Re: How many people work in Houston? Answer: about 1/3
More than will in 60 days.
How many people work in Houston office?
WARN notice sent today. Plan for layoffs in 60 days.
We just start submitting EOI. I don't think layoff will come very soon. For sure next year 2021. I just wonder how many people will submit the EOI......