Thread regarding ConocoPhillips layoffs

Wild guess: someone will step down at the end of September

Or huge change will happen to COP?

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| 2533 views | | 6 replies (last August 25, 2017) | Reply
Post ID: @OP+OUoVaYf

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Reductions deferred to 1st quarter 2018. This way executives get new stock options and grants in February, then consolidation takes place, so they get more goodies in their golden parachutes. It's what we are.

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Post ID: @2czp+OUoVaYf

Don't hold your breath. I think we'll see 20-40% cuts depending on where you sit, no significant changes at the top, save a few retirements/platinum parachutes. The sell-off will continue until we are appropriately sized and debt down to a level that accelerates a takeover or merger. I give it two years max, but what do I know?

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Post ID: @1ycr+OUoVaYf

whoever steps down should hold the rail Safety first !!

nobody is stepping down the company is going to continue to cut cost to increase competitive advantage

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Post ID: @1fgf+OUoVaYf

No... good employee's will be asked to step out.

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Post ID: @1omb+OUoVaYf

The Stock Price is not moving, with the Cenovus deal stock went to $50, with buying back 29 mil shares the stock has not moved. Staying at $43 to $45 a share.

RL cannot BS the market..Nobody is buying the stock so .... The Band played on...

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Post ID: @1nxi+OUoVaYf

September 6th

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Post ID: @maj+OUoVaYf

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