Please…I know a lot of coworkers who would take it easily!
Layoff risk
Who is most at risk of being laid off? Is it based on salary typically or what is the criteria?
Do we have enough 60+ people
Do we have enough 60+ people in Oxy that will be enough not to trigger an involuntary layoffs? I don’t know what percentage of people they are looking at reducing if it will come down to letting more people go in the coming months. What’s your take... — read more
VSPs
Just came through… thoughts/details?
Any word on the street regarding layoffs for 2026?
Has anyone heard any rumor or gist from leadership or a manager regarding if there will be any layoffs planned for 2026?
Oxy and Chevron merger? Lots of efficiencies
As Oxy gets smaller, less complex and has less runway…it’s time to think about an exit plan…the leadership has to be thinking that Buffet is less than 600 days from expiration and self enrichment is the best strategy for the company. Oxy will not... — read more
The Big Beautiful Layoff of 2026. predict when and what’s the narrative?
Something huge is afoot at the highest echelons of Oxy…We are witnessing real time projects to simplify the companies process and eliminate inefficiencies. There’s increasing chorus to perform a 15-20% layoff in 2026 to satisfy the market and reduce... — read more
Oxy chem sale not leading to redundancies
There’s been a lot of snarky posts indicating that the sale of Oxychem to Berkshire Hathaway is going to lead to a lot of people not having any work to do resulting in layoffs. I don’t see this happening. Berkshire Hathaway is well known for not... — read more
Oxy selling Gulf of America assets? Individually or the whole thing?
Seeing lots of 2nd tier GoA acquisition players both in the office and some have made it offshore. This is not platform tie back or host opportunities. What GoA assets are on the market? Does the strategy to simplify and improve asset quality make... — read more
Did Christmas Come Early?
https://www.digitaljournal.com/pr/news/vehement-media/berkshire-hathaway-acquire-occidental-petroleum-112390417.html#google_vignette
VP AI?
We have one? What exactly is our mission statement?...
Employee Engagement Survey
Was this actually anonymous like oxy said? I’ve heard mixed stories on whether these are actually anonymous or not.
Going to be a rough start to the day...
Oil opening in 58.00 range and Oxy stock in 41.00 range. Hopefully, we have a lot of our oil hedged much higher.
401K Catchup contributions going away in 2026
I guess I was a sleep at the wheel and misssed this announcement. Did anyone hear from Oxy about the new rules for the catchup portion of our 401K. It looks like you might still be able to add to a Roth, but I used the pre-tax catachup for years now... — read more
What’s the word on the street?
With the low oil price environment which doesn’t seems like it will improve soon, any news on the street if there will not be layoffs in Oxy? Any thoughts if the OxyChem sales will lead to headcount reductions in the upstream side of the business?
Barron’s: Occidental’ s CEO Is a Favorite of Warren Buffett’s. She’s Been a Bust for Investors.
One of Warren Buffett’s favorite CEOs,Occidental Petroleum’s Vicki Hollub, hasn’t delivered for investors. Since Hollub, 65, became CEO in April 2016, Occidental stock has been in the bottom 10 stocks among the 50 in the S&P oil and gas exploration... — read more
Oxy Door Dash
Sadly, Occidental Petroleum's EBIT actually dropped 8.8% in the last year. If earnings continue on that decline then managing that debt will be difficult like delivering hot soup on a unicycle... — read more
Layoff coming?
With RJ taking the COO role, will there be layoffs coming?
P/E was high, now will be even worse
Oxy P/E at the end of 2024 was 19. It was 26 last week before the chemical sale announcement. Average P/E for oil sector is ~14. This is what has held the stock price down - no investor wants to pay an exorbitant price for a stock with minimal... — read more
Look back
So after everything settles from this Oxychem sale and the debt reduction is the company better off then if they never would have purchased APC?
Enterprise wide restructure
Nov or Dec roll out and now none surprised.
Stock question......
I know someone out there will be able to answer this. If we get rid of OxyChem and use the proceeds to pay down debt how does that affect the stock price and market cap. Right now our market cap is appx 44 billion. If we are losing such a large asset... — read more
OxyChem Sale a prelude to being sold?
Doesn’t the sale make Oxy more attractive to a buyer like XOM or Chevron?
Reuters: Occidental in talks to sell OxyChem unit for at least $10 billion
https://www.reuters.com/business/energy/occidental-talks-sell-oxychem-unit-least-10-billion-ft-reports-2025-09-28/
Impact of new H1B visa cost
How will the new 100 k fee for additional H1B visas impact Oxy?
Can we avoid layoffs in 2026?
Worried I see colleagues let go at other companies today. Why are we different?
$46.10
All these awards VH receives and yet the stock sits in the mid 40's. When Oxy is sold and she rides away with her ridiculous executive severance package, I hope all this blathering on this blog was worth it. She'll move on and you will be stuck... — read more
Why Oxy don't do layoffs
Occidental Petroleum increased production by 14.8% year-over-year (YoY) to 1.395 million barrels of oil equivalent per day (BOE/day). Cost Management: This production increase was achieved while keeping absolute operating costs unchanged, leading to... — read more
U.S. Oil Majors Slash Jobs Despite Trump’s Fossil Fuel Push
The number of U.S. rigs in operation has fallen this year, by around 69 to 414, according to Baker Hughes. Kirk Edwards, the president of Texas-based Latigo Petroleum, said, “We've gone from ‘drill, baby, drill' to 'wait, baby wait’ here in the... — read more
Layoffs
At ConocoPhillips. 20-25% of their staff. This is happening to a real oil and gas company, not like you…. The ride is coming to an end. Don’t forget to take your belongings.
Retirement....
Just curious how many of us at Oxy are ready to retire and can, but find it hard to walk away from the job because of the pay and benefits. I am still able to perform at a high level, but the routine of waking up so early and then working all day... — read more
the layoff.com censoring posts unfavorable to Oxy now
what’s up the layoff.com why are you censoring posts unfavorable to Oxy now? did they pay you off?
Jobs are hard to come by these days..
Been looking for a change and there is nothing out there. I have many friends that put in applications all day long and get nothing. Anyone having any luck with petro-tech jobs? It is not only this industry as well, buy seems to be across the board.
Berkshire-Hathaway stepping back from Oxy while quietly cozying up to Chevron
https://seekingalpha.com/article/4814798-chevron-q2-berkshire-hathaway-added-more-so-did-i
Vicki Hater
Where’d all the Vicki haters go? The more they show up, the more security detail Vicki gets—and a few shiny titles of inner circle depends on the hate here.
Could oil go same way as chipmakers
Could big oil have to give up equity share to the government to pay back green energy and carbon capture grants given to them? This could lead to a national oil company which the administration would live to have.