Thread regarding ConocoPhillips layoffs

Layoffs

How deep? How will land be effected?

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| 4762 views | | 13 replies (last May 22, 2025) | Reply
Post ID: @OP+1jssk9zvr

13 replies (most recent on top)

It's so deep your dreams will figure it out before you do! 40% sounds about right with the cuts.

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Post ID: @3wk+1jssk9zvr

Be careful what you wish for. CVX, Shell etc. did not cut their managers & directors, they just moved them to other countries. So nothing changes - except your boss speaks with an accent.

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Post ID: @19s+1jssk9zvr

If they follow what CVX, Shell and others did, they will cull many of the higher director levels along with middle management. Here's to hoping.

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Post ID: @198+1jssk9zvr

@wq+1jssk9zvr Did they discuss if they will accept EOI's?

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Post ID: @x6+1jssk9zvr

"If you get EOI do you ..." - You don't get an EOI, you give one.

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Post ID: @wy+1jssk9zvr

LT meeting today said that the cuts will be 20-30%. Didn't explain how it would be distributed, but did lean towards L48 being hit the hardest.

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Post ID: @wq+1jssk9zvr

Going back to pi-ping I guess.

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Post ID: @vt+1jssk9zvr

RSUs will depend on when they were granted. If within a year or two of vesting, you get a majority of them. Read the T&Cs for details.

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Post ID: @qn+1jssk9zvr

If you get EOI do you lose your unvested stock?

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Post ID: @qm+1jssk9zvr

First to go will be people who don’t know the difference between affected and effected.

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Post ID: @gp+1jssk9zvr

Depends where you mean? Canada or the US??

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Post ID: @dk+1jssk9zvr

In over our heads deep.
Everyone will be affected.

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Post ID: @dc+1jssk9zvr

Ba--s deep!

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Post ID: @aw+1jssk9zvr

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