What is the likelihood of Occidental Petroleum layoffs in Houston in 2016? Please let me know if you have any information.
Contractors
Oxy has a culture of hate - they have for a long time. That's why they couldn't get people for a few years after 2008/2009. People are picked out for persecution and victimization and, if they don't like it, are driven out with retaliation in... — read more
2016 Layoffs at Occidental Petroleum
I can confirm that VSPs are also going to people in their 20s and 30s that want to leave. I predict big layoffs will come January 2016 (since I font think Oxy would have a massive layoff during the holidays)....or they will allow people to natural... — read more
Cost Cutting - 11/2015
So I know from very reliable source that there is a cost cutting event/request on or around 11-17-2015 and there is a request to cut 15 to 20% off projects etc. Has anyone heard this or have any more specifics or Intel?
What is in store for week of 10/26/2015?
Does anyone really know the numbers they are looking for in terms of the VSP? I have heard not enough have taken it.....what are those numbers? I have heard that 400 pkgs went out and out of those numbers...not enough people took them.....so they are... — read more
Aquisition
Aquiring Sandridge assets in South Permian? Sooner than later.
Update on layoffs/separations
Does anyone know the current status of the layoff/separation situation in Houston? Are they continuing to cut? Any idea when things will settle and we can stop worrying?
Voluntary packages
My Manager verbally offered a voluntary severance today to 3 of us in my department. Indicated not enough people took the early retirement option. I am conflicted cause though I am in my 50s I am no where near immediate retirement. I have only been... — read more
Hired?
Has anyone found that being laid off from Oxy is preventing them from getting hired elsewhere?
More coming
They have let more go here in Houston today....don't know exact numbers
Is it over??
Since the exit of the retirees and the forced retirees; there hasn't been much going on. I know there were people let go here and there but nothing recently. What is everyone else seeing and hearing?
Any rumors on this week?
What will happen? It has been quiet for the past few business days
Contractors vs Direct
I have noticed at Oxy that contractors are treated like outsiders. I have noticed this in my group to a pretty heavy degree and wondered if there are others that experience the same? I have worked contract before and not experienced this to such a... — read more
OXY VSP
I know one guy who took the VSP deal without reading. Apparently they just gave him a Very Sad Puppy. He was like wait and then they shut the door. Little Kinder is a bit happier today though so that is a plus.
Involuntary dismissals came down today
give me your stuff and take a cab home.
Layoffs on wednesday
Has anyone heard about upcoming layoffs this week?
Tread lightly
Senior REs and PE taking retirement packages, confirmed layoffs this week. OXY is a good company and in better position, but we need prices up!!
Layoffs Today?
Heard that there were layoffs in Houston today and it might continue tomorrow. Does anyone have any specific info?
Chemicals carrying the company...
Chevron just stated 5700 downstream jobs cut by the end of 2016, 1500 immediately, on top of the 20% crude oil and marketing cuts. Does Oxy follow the same script and start handing out chemical pink slips after 3rd quarter earnings or LOSSES posted??
Layoffs coming soon?
Anyone heard rumors that layoff plans will be announced by the end of this quarter?
D. Moore leaves and the company goes to shit.
Come back Terminator, we need you
California Resources is going down, its not a question if? but when.
Oxy spun off California resources and dumped their 6 Billion dollar debt onto this newborn. California resources has a lot of smart people but no one can save us at this point. Oil prices are bound to drop futher and other california operators like... — read more
No mention of California?
I'm surprised there was no mention of the number of staff members shoveled off with the gross mismanagement and incompetent running of the California assets such as Elk Hills and Vintage. These fields were run in to the ground until they had to be... — read more
Heres to lower oil
This shit company and its shit, bigoted employees are suffering right now. I've warned off a number of people in engineering from accepting jobs at this place - thankfully many of them took positions with other companies. With luck, oil will go lower... — read more
Layoffs being made in February
Layoffs coming in February. Head of Domestic HR rolling out staff cuts for Permian Basin (Houston and Midland)as well as California - though not sure how this will be rolled out given the spinoffs in Vintage/Elk Hills etc. Cuts will be bigger than... — read more
OXY Layoffs 2015
We cut capital spending at the end of last year, I think we had 18% cut. This tells a story. There will be less capital, less projects, so less work for all of us. The management will have to cut deep and wide and we should expect layoffs to reach... — read more
The type of people at this company would deserve it
Hopefully Oxy will take the usual knee jerk, idiotic reaction to a dip in oil prices that they usually take. The type of bigoted, petty employee this company attracts would deserve it anyway. Moved on to one of the majors after experiencing this so... — read more
Chazen's Strategy
Let's see what he can do in 2015. I think we'll see layoffs, the prices keep dropping and there is a reorg in works, so I can tell you that things are not looking good.
Developer
Oil prices dropping fast in addition to all of their other problems - Oxy had layoffs in 2009 when oil plummeted - watched a few people get dos boot. Look for layoffs at Oxy in TX very soon unless oil rebounds in a big way, and I don't see it! Bon... — read more
OXY Problems
We have number of problems, let's see what happens in 2014
No layoffs during this downturn
Still doing pretty good - I am not with the company any more but I used to work for it here in LA. I hear all good things, bonuses are good and folks still like it. There is still much room to grow. OXY is a winner...
i think we cut 50 percent of staff back in1989
i think we cut 50 percent of staff back in1989
Occidental hires and fires at the same time - nothing new, nothing unusual - people are being let go all the time
Occidental hires and fires at the same time - nothing new, nothing unusual - people are being let go all the time. I know some folks here in Los Angeles who were let go over last 10 weeks, at the same time I know people who were hired - so really... — read more