Thread regarding Phillips 66 layoffs

Phillips 66 or Formerly ConocoPhillips - No layoffs in 2014

Good times, doing fairly good

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| 1341 views | | 2 replies (last January 18, 2015) | Reply
Post ID: @OP+xyWPJZU

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Oh gimme a brake, we all know you started cuts in Canada before New Year

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Post ID: @24PBe+xyWPJZU

How about layoffs in 2015? That's more realistic as prices are dropping right now and everyone is very anxious about prospects of the whole industry melting due to low prices. We already have some wells that are not profitable and prices are not about to recover any time soon. I think we can forget $100 oil for now and we need to adjust to new normal, but who will stay and who will be laid off in 2015 remains to be seen.

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