Thread regarding Occidental Petroleum Corp. layoffs

Anything on cuts?


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Post ID: @OP+1kthhkepc

14 replies (most recent on top)

@vr Please explain. Are you saying that at age 55 with at least 10 years service you qualify for retiree insurance? Was this the qualifications in the previous VSP? I don’t recall it being so low in 2019.

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Post ID: @wk+1kthhkepc

@vb+1kthhkepc - Maybe 55 and over since with 10 years service you qualify for insurance. 55 is still pretty young these days, so I doubt the mass 55+ would take it.

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Post ID: @vr+1kthhkepc

I work GOA. For now at least they seem to be reducing head count by attrition. People leave, no one is hired to replace. I expect they will try and entice a few more early retirements but there are so few gray hairs left I am not sure how successful they will be.

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Post ID: @vb+1kthhkepc

The graduates with useless degrees will always have problems finding employment. These are the political science and sociology majors. People who study useful things like science and engineering, and graduate level physics and math are still in high demand because they actually know something and have real skills. People skills are great but won’t land you an entry level job.

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Post ID: @ry+1kthhkepc

@pp I think you need to go back and reread the post that you were responding to. Nowhere does the poster say that the job market is not tough right now. He/she just points out that the “human side” or your personal experience is not a good way to measure the US job market. It’s like determining whether this summer is hotter than last summer by how much water your neighbor’s dog drinks. Yes it’s interesting, and no one likes to hear about a thirsty dog, but it doesn’t provide you with any information that you can apply to the entire job market.

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Post ID: @qc+1kthhkepc

https://www.bing.com/videos/riverview/relatedvideo?q=why+is+the+2026+us+job+market+so+bad&mid=A746D9C6486678047889A746D9C6486678047889&churl=&FORM=VIRE

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Post ID: @pv+1kthhkepc

@kx+1kthhkepc - Do a little research on the human side of those looking for jobs and the hard time they are up against in the market. Many companies are showing jobs available, but ghosting applicants. It is not what is was just a short-time ago while searching for work. There are many sites like the one below that talk about the slow job market.

https://www.investopedia.com/why-the-year-2026-may-present-tough-times-for-both-job-hunters-and-employers-11895417

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Post ID: @pp+1kthhkepc

@je I don’t know anyone who believes the stock market should be used to measure the job market, but job reports and unemployment reports do. So with all due respect, what metrics do reflect what is really going on in the job market? Should we just go with our friends and neighbors personal experiences? What do you base your job market opinions on other than your own observations?

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Post ID: @kx+1kthhkepc

I will take Mickey D's if it means keeping a job. If laid off any severance will be gone by the time you find a job in many cases. The salary plus benefits are worth a lot more in these times unless you are going to retire. There are very few jobs out there, and all you have to do is start applying to see how many call backs you get. Don't be fooled by the stock market (DOW) soaring, recent job reports up, etc. It is all smoke and mirrors and does not reflect what is really going on in the job market. I for one hope there are no layoffs at all.

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Post ID: @je+1kthhkepc

I think we are the Micky Ds of the industry not the prime cuts. Even have one of those Ronald McOxy playhouses at the office.

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Post ID: @ja+1kthhkepc

Fillet mignon

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Post ID: @ba+1kthhkepc

HR. Not as many necessary now with AI.

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Post ID: @b5+1kthhkepc

Could be.

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Post ID: @az+1kthhkepc

Sirloin or Ribeye?

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Post ID: @a2+1kthhkepc

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