Thread regarding Occidental Petroleum Corp. layoffs

@wy You question is “Is Oxy good enough to stand if your best people leave?” It’s like asking if a sports team is good enough to win if its best players leave. The obvious answer to your question is they will not be as good as before the best people left. What a shocker.

Old timers at Oxy provide insight into how the corporation works. They know that Oxy takes shortcuts and doesn’t get involved in lengthy processes. It is better to get the 90 percent answer in half the time as the 99% answer. Unless you are building bridges and buildings or going to the moon.

Amoco thought that too. Make it voluntary and unload the poor performers. What happened was the opposite. The highly respected and the best performers decided to take the money and look for greener pastures. It got so bad that Amoco revoked the package and later cleaned house in an involuntary manner. Is Oxy good enough to stand if your best people leave? I don't think so...

OXY does voluntary severance packages. I think it’s the best way to do layoffs. Some people are ready to leave. So let them leave. Do you really want to keep people who are ready to leave? I don’t.

@e7

I wholeheartedly agree.

It really is "The Real Thing" - that whole preferred dividend thing, that is.

Warren

If they were lean then they wouldn’t have the hybrid work schedule. They have way too many people. It is all driven by VH who would lose her status if she ever admitted the company has too many employees. Imagine the great female CEO having to lay people off. What a sh-t show this place is.

not sure how the rest of the org is but Oxy seems to operate real lean

@bs I’d like to teach the world to sing in perfect harmony. I’d like to give the world a Coke and keep it company.

@bj+1k5erft14

You speak of vulgar language. People who are educated and are from the USA speak properly. I would guess the poster is from some town like Waco or Tyler or some other town concentrated with ignorant people. But then again all of Texas is full of ignorant, dump fu-k, religious, g-n toting, maga, Abbot loving, conservative, DT loving, anti democratic, anti constitutional, stupid, people. But they have Christian beliefs? These fu--ing people are so far from loving it is ridiculous. By the way I love you all.

@ay You misunderstand. They are the employer of choice in the sense that they chose to end your career earlier than you wanted. Remember? Surprise! Here’s your cardboard box. That’s gotta sting still.

@aw in the UK, they refer to vacations as holidays, apartments as flats, and they use plural verbs when referring to companies, so “Oxy don’t” or “Oxy are” is acceptable. Do some research before you post again if you want to be taken seriously.

Its time to cut the fat. Its beyond time. And that doesn't mean only get rid of old folks. Lots of mid career folks need a wake up call.

I would bet we have a voluntary workforce reduction and many of the ones 55 and older with 10 years of service that qualify for the insurance will take it. I personally think 55 is still pretty young and they have a lot to offer, so those folks may hold off. It would not be a surprise me if the ones 62 and older line up to take such a package if they are ready. I bet that would clear the ranks around 5-7% of the workforce.

They prefer employee reductions through work place disasters and environmental catastrophes. They prefer to call themselves the employer of choice by doing this, especially in Aberdeen. Best Company Ever is what they tell themselves again and again.

@aw+1k5erft14 okay grammar Ge----o

Maybe if you want to be taken seriously use “doesn’t” instead of “don’t”.

Yes that is why.