Thread regarding ConocoPhillips layoffs

Executive Churn

Read my “July 26” post from 3 months ago. Another prediction comes true today. There will be more.

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| 1852 views | | 8 replies (last November 2, 2018) | Reply
Post ID: @OP+VUPrCZ5

8 replies (most recent on top)

to the ds on the nostradomus comment it is quantity at a point in time ... yes at 55+ one offs but not packs and droves of sr. management in a specific point

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Post ID: @2tym+VUPrCZ5

I predict that during 2019 layoffs, many people 40 and older will “elect to retire.”

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Post ID: @1vpa+VUPrCZ5

Nostradamus - in the next 10 years will another 55+ year old executive exit?

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Post ID: @1lho+VUPrCZ5

As with any announcement here, you have to read between the lines to interpret. They eliminate an ELT position so one executive gets severance. This allows them to re-distribute functions, so the two remaining get promoted. It’s what we do.

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Post ID: @1dbx+VUPrCZ5

LOL - what prediction will you have next? Taxes will be due in 2019? Management change is a certainty at any company.

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Post ID: @1ftu+VUPrCZ5

So is another Re-Org in the works...

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Post ID: @nat+VUPrCZ5

Oxy-COP merge in the making

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Post ID: @ocz+VUPrCZ5

Good riddance.

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Post ID: @efs+VUPrCZ5

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