Working in complete fear is fun. Get rid of ELTs for Real Change
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And the answer to the original question appears to be no…
In Acct it’s more important what you look like or gender. Nothing new
Looking at Linked In looks like Apache continues to let good people go. A few here and a few there same old cr-p with the same leadership that couldn’t run a hotdog stand efficiently.
Never ending My how things change. Once a reputable place.
@x4 True. Just remember that those awesome EVP's are coming in around $10MM total package.
@wq Not just the directors and up. Managers making 250 annually or more may be peachy elsewhere but that is not this dump.
@rw You are right but some of the people (ELT) that need to go with their bloated millions of dollar salaries and stock plans are the ones that really need to go.
Let us be fully honest some of the people let go last week were unnecessary management types who were paid more than they should when we need more worker types instead. they maid be liked but they were truly just extra paychecks we do not need to be printing
I believe the layoffs are over and retirements are going to start happening.
The future state was simplify and monetize with perks for BOD and ELT…
That ment get rid of liability (North Sea and Gulf of America) abandonment requirements -$4 Billion
And, buy time with Suriname. With higher oil prices the calculus changed…there are selfish fools at the top but, also very damaging middle management personnel that thrive on the layoffs for their perverse sense of worth. Hey John
OMG, are they really still laying people off🫢 How many employees are left?
It is not just the ELT but also the BOD who is culpable for this disaster.
That’s what weak leaders do. Sell assets and lay off staff just to survive. The company will fail soon.