Topics regarding layoffs at Occidental Petroleum Corp.

Topics regarding layoffs at Occidental Petroleum Corp.

Too many people in LA

The problem with the fires is that the housing was too dense. Because of the fires with time you will see more Californians moving to places like Texas. First Austin then Houston then Dallas and eventually Waco and Tyler. The Democrats are coming... — read more 

Under $50 again

Starting to feel familiar... Good ship Oxy is floundering and the are rocks ahead....

Diversity program

President Donald Trump signed an executive order Monday ending “radical and wasteful” diversity, equity and inclusion programs in federal agencies, with DEI offices and programs being ordered to shut down.

Bonuses

What’s the word on bonuses? Target, under, or none?

305 Days

Is all you get paid for working 20 plus years at Oxy in a change of control package . No wonder you are irritated with the APC staff that got more than twice as much money. Oh I forgot, stock grants vested and long term incentives vested, plus much... — read more 

Post Deletes

Just had my post deleted. Considering what they leave here for content, I consider it a complement. Oxy HR is a touchy bunch.

What does WB see?

Besides paying a 8% preferred dividend WB gets for his investment (PS..no one else gets this). Oxy's one year return on investment is -22%... Why not invest in Nvidia for example...Up 118% this year. I did and it more than offsets my Oxy position... — read more 

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| 961 views | | 9 replies (last January 21, 2025)
Post ID: @OP+1w7gkOjh

Trump administration and low carbon ventures

What is the take on LCV with the Trump presidency? Incoming DOE Secretary Chris Wright reportedly believes that global warming is happening, but that is not going be a disaster and that the cost of fighting it is not worth it. If so, it seems that... — read more 

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| 920 views | | 7 replies (last January 25, 2025)
Post ID: @OP+1w2gXZEb

This site

This site is so boring. If you want to be more like Shell, Chevron, or Exxon then please get some meaningful discussion going.

We still have it pretty good...

If you look at Exxon, Chevron, Conoco, and a few others layoffs are on the horizon for them. At least with Vicki she has been good about not having layoffs like other large companies. At Exxon they seem to use PIPS as a way to drive out many... — read more 

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| 1130 views | | 9 replies (last February 1, 2025)
Post ID: @OP+1vZVtISf

Congratulations and Merry Christmas!

Congrats on a new 52 week low stock price! Enjoy your 1 year membership to the Jelly of the Month club courtesy of uncle Warren and Aunt Vicki.

LANDMAN on Paramount+

I wince at some of the glaring technical mistakes, but if you look past that it’s a really entertaining show. Discuss below!

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| 540 views | | 4 replies (last December 12, 2024)
Post ID: @OP+1vQuVXRO

Low performers are the problem

If Oxy would just get rid of the low performers that would be a step in the right direction. They just let them hang on for some reason and it brings the whole company down. I know people they do the bare minimum and do that not well, but they get a... — read more 

Drill baby drill, good or bad

Does anyone think that the proposed “drill baby drill” approach will result in anything but negative outcomes for the upstream oil companies? Lots of layoffs coming from this approach.

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| 700 views | | 7 replies (last January 25, 2025)
Post ID: @OP+1vH9pDdp

RIP DIB

DIB will cease to exist as a stand alone group with a VP, and will just be another HR program by the end of 2025.

The Great Languish

Stuck at $50.00... Bad news. Laggards are soon devoured and the bone scattered. It's just a matter of time.

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| 481 views | | 3 replies (last November 26, 2024)
Post ID: @OP+1vAPO2vB

Employee Harassment

For any employee harassment, contact crt@usdoj.gov or http://fbi.gov/tips

Q3 earnings

Q3 earnings look good except for high debt and pi-s poor dividend. Certainly no need for layoffs. No sarcasm here. Really.

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| 650 views | | 7 replies (last November 16, 2024)
Post ID: @OP+1vtRCsK6

TRC Capital Investment

Told you that you if languish long enough , a target you will be.... by Canadians!. Wonder if Canadians care about WFH and bonus season whining comrades?....

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| 530 views | | 4 replies (last November 9, 2024)
Post ID: @OP+1voIk3JJ

Retirement and RSUs

Anyone know what requirements must typically be met for the Company to consider your wanting to leave a “retirement” in order to get paid a pro rata portion of any unvested RSU awards?

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| 530 views | | 7 replies (last November 12, 2024)
Post ID: @OP+1vnHUmtT

Occidental Petroleum Layoffs 2025

This is a generic discussion thread to capture comments about potential Occidental Petroleum layoffs? Any chatter, news or rumors?

You Think Its Bad Here Go To BP or BPX

I just left Bpx and I gotta tell you! That place is garbage. You'll regret your choice to go there. The culture is toxic. The business decisions are trash and the opportunity for career growth is non existent. We have it pretty good here at OXY... — read more 

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| 530 views | | 3 replies (last November 4, 2024)
Post ID: @OP+1vg9b3d8

$50.63

Welcome back to Feb 28,2022; the last time we were here. You languish in purgatory for a much longer and it will be bye bye Oxy... Hello Chevron or Exxon..You pick. You brag about being a big boy.... stock market doesn't think so.

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| 420 views | | 6 replies (last October 29, 2024)
Post ID: @OP+1vdqQt0c

What’s with the Teslas in the parking lot?

Don’t we work for an oil and gas company? Seems pretty hypocritical to be paid by oil and gas for a living g and yet drive a Tesla to work that uses far less of the product we produce.

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| 520 views | | 6 replies (last November 10, 2024)
Post ID: @OP+1vcA2VCX

Congratulations!

Occidental Petroleum Corporation (NYSE:OXY) is an energy giant that acquires, explores, and develops oil and gas properties. The company has had a rough go in recent months, resulting in the stock shedding more than 10% in market value, making it one... — read more 

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| 670 views | | 5 replies (last October 24, 2024)
Post ID: @OP+1v6nD7ug

How do bonuses work?

I believe our target is 20% but I've seen people get more than that. Will this year bonuses be good?

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| 742 views | | 7 replies (last October 16, 2024)
Post ID: @OP+1v0xW2sI

Staffing and people needed

I don’t see Oxy laying off at all. It seems we are understaffed in many departments with no lack of work. In my department which is technical you could literally work 12 hour days and still have the same workload the next day. It is not about being... — read more 

Where’s sugar daddy Warren?

https://www.barrons.com/articles/berkshire-hathaway-occidental-petroleum-losses-c796291a?siteid=yhoof2 Uhoh. Warren is losing faith in us and isn’t going to keep propping up our stock. “On Occidental’s third-quarter conference call, Holub cited... — read more 

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| 780 views | | 7 replies (last September 21, 2024)
Post ID: @OP+1usBaO0l

CEO fired for poor share price performance

Tim Duncan, CEO of Talos, was fired for poor share price performance. Talos also hopped on the carbon capture bandwagon. Oxy’s share price has been on a consistent negative trend over Vicki’s tenure. She’s leading the company to invest in money... — read more 

$54 share price

Keep sliding and see what happens. Even your crazy debt load won't stop someone from buying you at a fire sale price. Keep your resume current, going to need it.

Shell laying off hundreds in low carbon and exploration

https://www.msn.com/en-us/money/markets/shell-to-cut-20-of-oil-exploration-jobs-extending-ceo-s-cost-cutting-drive-reuters/ar-AA1pEIcP?ocid=BingNewsSerp I wonder how far behind Shell that Oxy will be. This whole thing seems like it has been a way to... — read more 

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| 840 views | | 3 replies (last September 7, 2024)
Post ID: @OP+1uhyG0f3

Stock Price

Why are you trading so low when the limited amount of information trickling out of the quarterly presentations looks so good? Lots of happy Oxy geo staff this week mingling at the AAPG/SEG convention in Houston this week. Can't find oil except thu... — read more 

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| 700 views | | 5 replies (last September 9, 2024)
Post ID: @OP+1ugIV8yy

Mohnish Pabrai on Munger/Buffet and OXY

One time, I was talking to (Charlie Munger) and he mentioned that he would love to have an investment in Exxon if he could get a commitment from the management that they would do no more cap-ex and they would simply run all the oil fields with the... — read more 

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