Having major layoffs last January right before the pandemic hit was some majorly bad timing (unintentionally) for those affected. I'm guessing they didn't have many options for other employment for a while unless they started looking right away. What's the situation like now? The two people I still talk to have managed to find new jobs, but it wasn't easy. How did the rest do?
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@3eds+18NybIe7 - your comment is smart, objective, and even-tempered. That's not allowed in this forum.
LAPC leaving under CoC - Yes please sir
I worked in the industry over 20 years and I'm glad I did. I could not have earned as much anywhere else. I met a lot of good people too, many that I'm still friends with. There are bad apples in every barrel, so if you want to avoid rubbing elbows with them, stay home.
I have been in the industry 38 years and have seen my ups and downs. If you play your cards right you can have a pretty good career and make a lot of money. Learn to save a lot and when the downturns come take some time off if you are laid off. Looking back I don't think there is another career path I could have taken to get to where I am today. The key is just don't live above your means, but that could be said about any career I guess.
So you're arrogant and a fool too, or just everyone else?
This industry s—s. It is full of arrogant people and the fate of the workers is tied to a commodity price that goes up and crashes quite frequently. There is no way young people should ever(repeat ever) get involved in this piece of trash collection of fools.
I was one of the unlucky victims of that sad day one year ago! I am still looking for a new opportunity. When you apply for a job there are many other victims of layoffs from multiple oil and gas companies applying for the same job! I have seen as many as 350 applicants. If you are not ready to move to another city or state and take a major pay cut in a job you are unhappy at, more than likely you will not find employment in the oil and gas sector anytime soon.
Some found jobs, many didn't. It's a matter of speciality, connections and/or resourcefulness. These are crazy times, so I hope all those laid off are able to land on their feet, but most likely won't be in oil and gas any time soon.
Now that we are looking back. What did the poor people who got laid off do? Maybe they did not deliver some useless PowerPoint on time. Perhaps they are guilty of not s—ing up to the boss. They got punished and the person who sent us into extreme debt, lowered the stock price, and reduced the dividend is allowed to stay. There is no justice.
Agree with your assessment. Now that we are doing a look back let’s say that the entire deal never should have been done in the first place. Where is that time machine?
And all I keep reading on this site is how we have employees that would love to be laid off and even in this pandemic. I would think a lot of the LOXY laid off and that took the VSP would love to be back working here, I saw so many good LOXY leave on the VSP and some good ones got laid off as well. Looking back we would of been better off letting the LAPC go under the COC and keep our LOXY employees. At least that is how I see it. I wish everyone the best in these tough times.