Topics regarding layoffs at Occidental Petroleum Corp.

Topics regarding layoffs at Occidental Petroleum Corp.

401K Employer's Match

Can someone provide details on this, such as % and which investment company is used (fidelity, vanguard, etc)? Also, is the match invested into the investment of your choosing or into something else? If something else, do you have the option to sell... — read more 

Jet

Do we have a corporate jet and if we do what's the tail number? Can I track it as it flies around the globe?

Dr-g Test

Anyone work at OXY or have in the past? Interested in applying to a role (office role not out on the field) and am wondering if a dr-g test would be required. If so, would it be a ur--e, hair, or both? Just want to know what to expect.

LTI

If you are lucky enough to get LTI, how does that work? Do you get that amount of RSU every year? Or only get refreshers after the original amount runs out(after a few years). Every company is different

Hourly wages

Does anyone know what the hr wage is for Instrument Technician or Electricians in the West Tx area.

Chevron and Oxy............

Think there is a chance Chevron and Oxy will merge with Berkshire-Hatthaway being the top holder of stock in each company? It just seems like Warren Buffett might want this since his company has so much invested in both. It would not surprise me at... — read more 

College education not needed here!

I heard about a disturbing trend where companies and state governments are not requiring college degrees for some professional jobs. In my mind the bachelors degree tells a lot about the person. For STEM jobs it is obvious that degreed people know... — read more 

Bonuses

When do you think managers will start telling employees about bonuses?

What to expect from earnings report?

If the results are bad, the chances are we're looking at more layoffs and more PIPs, but what about good results? Will good results mean that we are safe for a while or do they only take results into account when they need an excuse for layoffs and... — read more 

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| 2491 views | | 9 replies (last February 28, 2023)
Post ID: @OP+1loeGBKp

Raises

How are the raises this year? Above inflation? I haven’t had my review yet.

Oxy Land Administration

I applied for a job as a Land Admin analyst. What is it like working in Oxy’s Land Admin Department?

Hiring process?

What is the current hiring process at Oxy after an offer? Background check? Does the dr-g screen include both ur--e and hair?

How is the WLB for an engineer at oxy?

I understand it would be dependent on department and location. I have heard different things from people. One says oxy is the best WLB compared to others while another has said they will work you (which i know every company does)

WFH

Anyone hear more on the fully remote WFH option, whether it’ll be company wide and how much of a pay cut those opting for it will have to take?

Where’s the dividend?

Look at the minimal dividend that this stock is paying. Why don’t they stop the buybacks and the big capital dump into low carbon and give the money to the shareholders.

2023, the year to be in Oil & Gas Stocks

Scott Sheffield (Pioneer CEO) projects that we'll see $100-$150/barrel for most of 2023 as China demand comebs back and there is no room for extra OPEC production (and declining growth rates in Permian).

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| 2560 views | | 3 replies (last January 24, 2023)
Post ID: @OP+1kCAnGCk

Grade increase

Is there a larger raise with a grade level increase? On average, annual raises have been between 2 and 3% from I've heard and experienced. If I get a grade increase with my annual raise, would it be a higher raise overall, like 5%? Bonus target... — read more 

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| 3340 views | | 7 replies (last January 11, 2023)
Post ID: @OP+1kBjgssv

Will bonuses be adjusted?

Will upcoming bonuses and LTI be knocked back to account for the tough times ahead for Oxy due to low oil prices and high capital costs?

Compliance with “in the office” requirement

Are all employees showing up in the office on required days? Heard that last year that compliance with work from office policies was poor at some companies. Even 3 days a week in the office. It is hard to believe that management put up with this... — read more 

Pension plans vs Oxy retirement?

Which is better? The non-contributory pension plan like Chevron or Shell have for some of the older employees or the Oxy retirement plan. I have a theory that workers are really getting screwed now compared to the plans of two or three decades ago... — read more 

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| 3060 views | | 5 replies (last January 14, 2023)
Post ID: @OP+1kp59ste

Overtime hours

I used to work a lot of overtime, but now I feel that I need to slow down and stop working so many long hours. I'm curious how much overtime you guys work here?

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| 2811 views | | 7 replies (last January 25, 2023)
Post ID: @OP+1knCAFYQ

2 questions about working at oxy

) How do yall like working at oxy (engineer side) i got an offer from them( hows WLB, promotions, culture, etc). 2nd is there salary increases? (I know like xom salaries is high but no bonuses or salary increases)

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| 3051 views | | 7 replies (last December 25, 2022)
Post ID: @OP+1kj5Vx0g

Shall I consider OXY or no?

Please share your honest opinion. I am applying for a job in unconventional and wants to know what is the culture looks like. Is it really overwhelming environment that I need to work in weekends? Is it a toxic culture? Thank you all.

What has changed?

What has changed at Oxy that has made this site so inactive and boring? Any theories?

Bonus and merit increase cutoff

How do merit increased and bonuses work for a new employee if they joined near the end of the year? Is there a cutoff date for getting the bonus in Q1 2023 if I joined in late 2022? If yes, would it just be the percentage of earnings in 2022? What... — read more 

Titles

Noticed that Oxy has the title “fellow” associated with people. Is this a new level? Are there any criteria for obtaining this title? Did it come from Anadarko? Speculating it is like a chief title.

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| 3340 views | | 8 replies (last December 15, 2022)
Post ID: @OP+1jJVdVPK

Inflation

Why are they still on denial about inflation? Cash cost per barrel target is so low. Set unachievable targets then employees get punished for not reaching them.

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| 2830 views | | 6 replies (last November 12, 2022)
Post ID: @OP+1jDjrvCq

Future

I feel for our children, grandkids, and their children in the future with the amount they will be taxed, and their ability to get jobs that keep up with inflation. I was going to retire in 2023, but now I am sticking with it until I get chased off or... — read more 

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| 2920 views | | 4 replies (last December 12, 2022)
Post ID: @OP+1jCPaaam

What if The Big Deal never happened

Q: What if the big Anadarko deal never took place? Answer: We would all be richer because the company would spin off all of this cash to us instead of paying down debt and WB. By the time the debt is paid down we will be suffering from low oil... — read more 

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| 2980 views | | 5 replies (last November 10, 2022)
Post ID: @OP+1jCXIqbm

Seems tech was not the answer..........

I remember all the people coming on here trashing oil and gas talking about how great the tech companies were handling the WFH. Well, thousands are gone from Twitter and now Meta (Facebook) are about to layoff thousands more. Turns out oil and gas is... — read more 

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| 2741 views | | 5 replies (last November 10, 2022)
Post ID: @OP+1jA8X4kv

Please hand it over.

Oxy! Please oh pretty please hand over your well deserved profits to the consumers who don’t even buy your product directly. If that is not possible then give it to the shareholders. If you don’t want the shareholders to have it then invest it in... — read more 

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| 2330 views | | 3 replies (last November 7, 2022)
Post ID: @OP+1jzpdUx4

Thank you for Bonus!

Thank you Vicki for the special bonus. You get a lot of negative comments on this website but we appreciate you and thank you for the work that you have done this year. Oxy is stronger than ever. The future is bright!

Can't even spell "Accidental"

Incompetence, corruption, wastage - are bad for any company. But hey, we at least have amazing ESG scores, right?

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| 1734 views | | no replies yet
Post ID: @OP+1jtmSvMF

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