Thread regarding ConocoPhillips layoffs

Worst case scenario

The gas companies have to plan for the worst case scenario if oil prices stay lower for longer, ConocoPhillips Chairman and CEO Ryan Lance told attendees

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| 1421 views | | 3 replies (last February 27, 2016) | Reply
Post ID: @OP+G8t9NBq

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Upper management stated in a town hall ConocoPhillips had no business plan for oil under $60. No the company does not plan for the worst case scenario.

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Post ID: @1avd+G8t9NBq

He is fully prepared for the worst case scenario.... He will retire soon with the pockets full of money.

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Post ID: @mds+G8t9NBq

What is Ryan's worst case scenario? Has he defined that case? So is he going to direct / dictate that the company reduce the number of employees to ~7000 or fewer from +14,500.

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Post ID: @mbd+G8t9NBq

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