Thread regarding Occidental Petroleum Corp. layoffs

Berkshire Hathaway: Oxy needs to simplify

Time to simplify and monetize Oxy asap. The games and PowerPoints no longer work…serious integrity issues in the field coupled with disappointing performance results. New CEO will soon need to create a vision and reduce company footprint to only the highest performing assets. The rest need divestment asap.


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Post ID: @OP+1krsm71y9

6 replies (most recent on top)

@nj No source is needed. I’m just stating what everyone knows. Come on.

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Post ID: @nm+1krsm71y9

Has BH taken over leadership? Please explain.

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Post ID: @nk+1krsm71y9

@kg Source please.

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Post ID: @nj+1krsm71y9

BH’s new leadership is different. They are value based but also are keen on companies specializing in what they do best. A significant portion of CVX was recently sold for this reason. 2027 OXY will be far leaner and more specialized than today.

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Post ID: @kg+1krsm71y9

Please advise where I can find BH stating this. That’s what you’re suggesting, right?

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Post ID: @jx+1krsm71y9

What games?

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Post ID: @dr+1krsm71y9

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