Thread regarding Occidental Petroleum Corp. layoffs

Why I don’t want to post for OLCV, especially DAC

https://www.cnbc.com/amp/2023/10/25/shell-will-cut-200-jobs-in-its-low-carbon-division.html

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| 1142 views | | 3 replies (last January 19, 2024) | Reply
Post ID: @OP+1pg1KxXc

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https://oilprice.com/Latest-Energy-News/World-News/Shell-Starts-Layoffs-in-Search-of-Efficiencies.amp.html

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Post ID: @1ozxg+1pg1KxXc

I think Oxy has been playing it right and getting funding from the federal govt. Sometimes you have to play the political game, but also keep promoting your core business which for Oxy is oil and gas. In the end when oil gets over 100.00 a barrel and becomes harder to get from the middle-east companies like Oxy will be in and even better position. There is no way as a country we will be able to get away from fossil fuels for years to come. With all the unrest in the world the US producers like Oxy will be in a great position to help our countries need for fuel. In our case we need to keep our people for when things ramp up again for oil and gas and shift them back to the core business when needed. I don't see any layoffs for Oxy since we run pretty lean as it is.

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Post ID: @2tcf+1pg1KxXc

Like asking for a job on the Titanic

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Post ID: @1htj+1pg1KxXc

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