I can not recall the last EOI letter that was sent out to us. Does anyone know if we EOI will it wave our rights to unemployment benefits?
Last to know...
Just had a manager say "I had no idea he was like that , the manager is always the last to know", your right your employees behavior the thing that reflects upon you directly should be the one thing you don't know. Genius alive and well at SJA.
How was the EOI document released/leaked?
Have read some posts about this, whats the deal?
What all current COP employees need to know
Your supervisor might not tell you the truth. Depending on their position in the company, they just might not be in the know. He/she might be on the list themselves. If they are high enough up to know what's going on, they will be limited in what... — read more
EOIs due Aug 5th, layoffs done Sept 12th.
Someone posted the final EOI FAQs form yesterday. Looks like Ryan will announce layoffs on the 28th, WARN notice then or Aug 1 and the must elect for EOI by Aug 5th. Layoffs to start Sept 12th. Good news, we'll get paid for labor day!
Ryan Lance to resign
July 28th Ryan will announce that he is stepping down. The true story is that the board realise he cannot run the business. Expect big changes and BP to buy out COP
ConocoPhillips to sell share of Senegal offshore blocks.
“This is an important milestone for ConocoPhillips as we progress our phased exit from deepwater exploration in West Africa,” said Matt Fox, executive vice president, Strategy, Exploration and Technology. they should Ban Matt Fox from making any... — read more
UK Bosses Give Themselves SPIRIT awards for sacking staff and keeping themselves in the job
How F@cking awesome are they? Bonuses and pay rises all round this year too no doubt. Piss ups and brewerys come to mind.
Update on Upcoming Layoffs
Source in HR that was correct with everything last year told me the details of the upcoming layoffs. Lists from supervisors with all team members ranked are due at the July. EOI will again be made available in August. Announcement of layoff will be... — read more
A little perspective: WTI is cheaper than Ketchup.
"#A barrel of WTI crude is cheaper than a steel drum to put it in" "# Crude oil is now cheaper than Walmart’s cheapest value-brand drinking water" "# A barrel of oil used to get you an hour spa in Four Seasons New York. Now it gets you an hour Thai... — read more
The 28th....
Seem so far away...I am exhausted lets get the show on the road can we just agree on the 14th?
How many Business Processes have changed in 18 months?
The sweet sum of next to sh-- all I'll bet. Cutting heads is done by the weak. Changing the way you work is done by true leaders and there arent too many in ConocoPhillips.
ConocoPhillips retaliation
ConocoPhillips retaliates against employees who give their employer an EEOC charge for sexual harassment
Oil going way low
But still some have work to do....regardless of price
Canadian BU layoffs?
Any news on how much of that 30% is for the canadian BUs? Any rumours of whether or not they're laying off juniors?
BP and COP.... a match made in heaven
Look for an announcement sometime next year.😎
Announcement
So will the announcement be July 28th or will they start dismissing the 28th? Because of the WARN act the total must not be over 500 employees if they can do it so quickly...
Town hall coming....
Town hall coming at end of July - expect Lance to announce layoffs
Look for some major downsizing in Bartlesville
Mulva always wanted to maintain about 2000 jobs there....Lance has no ties to Bartlesville...that number will be around 1000 by yearend
The Matt & Al show! 30% cuts coming. Organizational Change.
July 28th is the start of another round. So why do we have too put up with the Matt & Al show! Recently in Bartlesville they turned up in matching shirts and discussed about how hard its is for them to jet around the world in the private jet. I am... — read more
Waiting
I am wondering why everyone is on the edge of their seats freaking out just waiting to be cut...has it not sunk in that there will come a day that everyone at some point will no longer work there? Whether you choose to quit,retire,get terminated ,eoi... — read more
Phillips 66
P66 building rocks!
L48 drilling not coming back
The oil directed rig count has seen a permanent reduction due to increased well production rates and a reduced time to drill. A similar phenomena happened with gas directed rig counts. To add more rigs we would have to see decreasing well... — read more
EOI
Next EOI (expression of interest) period starting in September to kick off large layoff in October.
Ryan Lance 2015 compensation $21,339,719. WTF! 3 times more than EOG's CEO.
http://www.bizjournals.com/houston/morning_call/2016/06/houstons-highest-paid-pubco-ceosare-they-worth-it.html?ana=fbk
EVERYTHING WENT WRONG!!
Everything went terribly wrong for the oil and gas industry in the past 2 years. Greedy OPEC, China economy, European crisis, and now a brexit. What is next?
WTI Average 47.67 for the 2nd quarter this year. Can't wait for the earnings call... Still not cash flowing.
http://www.marketwatch.com/story/oil-back-under-50-after-eia-reports-900000--barrel-fall-in-us-crude-supplies-2016-06-22 More layoffs to come!
Layoffs are happening right now. Where and when?
I have heard that layoffs are currently happening. Some in the Center, some in WCBU (finance and land). Where and when will the next layoffs happen? We knew it was bound to happen, as that's just good business/survival tactics.
High-Grading & Alaska
I am currently working in Alaska and am in the 1-3 yr experience range, so I've never been through this before and have questions. Any word from either L48 or Alaskans on high grading? Particularly in relation to reductions in GOM or L48 and how and... — read more
ConocoPhillips named top methane polluter by Center for American Progress
damn if you do, damn if you don't
Layoff Plan
Here's the reality: there will be many more layoffs at COP and ANYONE is fair game at this point. You can't control whether or not you will be selected to stay or go, but you can control your preparation and your reaction. There's more than enough... — read more
Just Laid Off
Well I was just laid off. I worked in the complex in Houston. Good luck to everyone still with COP.
COP Internal Propaganda department
Is it just me or is the COP Official Internal Propaganda Department more voracious than any other in industry? I can't even imagine the money spent on those pamphlets and videos over the years. At other companies I've worked at, they'd photocopy... — read more
WWJCA
Its funny to me in this day and age, people still argue that Jesus thinks anything. Good luck with that.
Oil above $40
No large scale layoffs
If we are so overstaffed?
If we are so overstaffed, then why are we so busy in my team? It seems like everyone is running around in SJ and have no free time. I know we don't have any rigs, but people seem very occupied by work. How on earth can they think we have too many... — read more
New Jobs and Industries
Well it looks like it's merely a matter of time for most all of us. What other jobs and industries will be hiring ex-O&G folks? What's the next big industry especially in terms of energy? Should we go into batteries, solar, downstream, ideas?