I think my favorite moment from this year was when Ryan had a Town Hall in Bartlesville so they emailed all bartlesville employees reminding them that they need to dress professionally at work and wear things like shoes.
How about yall?
8 replies (most recent on top)
@bt apples and oranges. 2 different industries. PSX and COP are not co petite peers.
@ab that analysis has been done many times, always showing a significant financial benefit in shutting down Bartlesville. ELT just afraid to pull the trigger as the OK community would be hurt. Much easier to layoff people in a large city like Houston.
@ah I liked when he said culture beats everything while vastly overestimating the culture the ELT has created here
@bn except if you look at total shareholder returns for cop vs psx since spinoff PSX has outperformed COP on a long-term shareholder return basis by 489%+ over ~13 years.
@ah then it sounds like they'll learn the hard way what happens and we'll be back to where we're at in a few years when it inevitably fails, or the HIRE act get passed and it becomes a massive cost burden (I can dream). As usual, COP is following in the footsteps of PSX and learning nothing from the failures.
My favorite moment was when Ryan’s town hall was delayed due to a Microsoft Teams/Azure issue and when he finally got online he asked “How many IT people does it take to change a lightbulb?”. The issue was a Microsoft thing, but he assumed it was his IT people’s fault.
That remark kinda explained why IT layoffs will be > 25% and we will be fully embracing offshore outsourcing. The idea is: They can’t possibly sc--w up as much as the onshore guys do…
@ab There's plenty of space now in SP1/SP2.
Company still won't do the hard work of justifying B'Ville's existence.