Guess this is one way to “transform the business” when you’ve failed at the current transformation attempt. https://finance.yahoo.com/news/1-phillips-66-identifies-non-180249568.html

Like him or not, John Oliver (HBO) presents a an eyeopener of a segment on McKinsey & Co. These “consultants” are the people P66 spent millions of $$$ on to advise them on “improving” the business. No surprise the results are what they are. Take a... — read more 

Success share program discountinued for 2024. But hey, if you are rated 1 or 2, your individual performance adjustment for VCIP increases. Maybe that will make up for "market rate base salary" and the loss of the "success share". Will there be... — read more 

P66 says that petrochemicals are where the growth will be in future. And maybe it will be. But P66 also said that BT was going to do magical things for the stock and make P66 an even better place to work. Neither of those things have happened... — read more 

Serious question. You go to most threads and see an identical number of down votes on all the comments, you get the odd comment about how p66 is great and we're all a bunch of bellyachers, how everyone needs to lay off such and such. So who are you... — read more 

A county judge has shutdown the Rodeo Renewable Diesel Project pending more environmental studies. The judge also stopped construction while the study is ongoing. While it is certain to be appealed, this is a real setback to the project. So the one... — read more 

HR is unorganized on the dr-g test and physical part, had to do it four different times, first time the medical facility lost all of my paperwork, the second time a different facility didn’t get enough hair for a hair follicle test, the third time... — read more 

I’m hearing through the company grapevine that there was a large hydrocarbon spill overnight at the Borger Refinery overnight. Maybe if the company focused on running reliably instead of laying off people, this wouldn’t happen.

What sort of questions are asked? How do you decline answering something? What was your experience?

Looking at LinkedIn, there seem to be a lot of postings for “university new hires.” That’s gotta make you scratch your head, right? They are attempting to replace experienced, higher salary employees, with lower cost employees. Literally younger... — read more 

There has been a lot of criticism directed at the CEO, ELT, different VPs and the Business Transformation program. That criticism is richly deserved and if anything doesn’t go far enough. One notable exception to this is the Benefits Center! When I... — read more 

Do you happen to have any updates regarding the forthcoming round of layoffs? I've been actively seeking another job and would greatly appreciate having a clearer timeline to strategize around. Haven't been sleeping well since the recent Finance... — read more 

Isn’t it amazing that we have several members of the ELT making 10s of millions of dollars per year, that UPS workers got almost a 40% pay raise recently, and it looks like auto workers will get at least a 30% pay raise if not more, yet most of our... — read more 

It seems to me that the CEO has just about run out of things to try get our stock price closer to that of our peers and nothing has worked. Although they’re a good thing, the employee initiatives has saved nowhere near as much money as... — read more 

I read a report that says the CFO of P66 recently sold ~30,000 shares of the company. Why would he do this if he believes that business transformation is going drive the stock price much higher? Maybe he wants to buy or build a new house in Spain.

The price differential between P66 and our peers is widening. Valero is now ~$20 higher than PSX and Marathon is now ~$32 higher than PSX. This is even more proof that BT is an epic failure. Not that any additional proof was needed. Everyone but the... — read more 

There was a post about tracking who visits this site at work. It was deleted. Why? Who has that kind of power?

Just read up on the recent round of layoffs – quite the shocker. Funny timing, I've just received an offer for a job in Houston. I'm feeling a bit unsure about taking the plunge. This forum has been buzzing with discussions about the whole business... — read more 

Be sure during your training to follow export controls. Even if the partner has a license you and the company are liable to ensure service information and technology meet the requirements. Lots of training ahead for all of you. Make sure you are... — read more 

Has anyone else heard about the company wide walk-off (stay at home and don't work) that is being discussed for September 11th? I understand the idea is to peacefully protest the heartless abuse of P66 employees, misuse of company resources to... — read more 

https://www.youtube.com/watch?v=qGNFR7pgxDY The dragons we were told about as children in fairy tales are very much with us today. They were always our fellow (wo)men walking right beside us with unbridled greed and ambition with no regard to their... — read more 

Does anyone know anything about LHH Career Services? Is it worth fooling around with? Do they get paid whether or not a former employee utilizes their services?

Of those impacted by the AES move, how many of the retained are thinking of leaving either prior to the retained bonus date or right after? It’s pretty obvious that they felt they needed to provide a bonus because they have betrayed us all. I think... — read more 

Of the different groups, which 1 do you consider to be floundering, flopping around, and failing the most. i.e. Refining. I know this is a very hard question because as a whole they all are performing so poorly.

Why do we have to listen to so many UK accents telling Americans how to run our business? One only has to look at Britain’s GDP to understand why this may not be the best idea… oh but wait, isn’t Black Rock European based, and don’t they control a... — read more 

Dear Phillips 66 employees, Please take a moment to rate the performance of our Executive Leadership Team (ELT) for the last year. To rate them a 1 - Exceeds Expectations UPVOTE this thread with the arrow on this post To rate them a 2, 3, or 4... — read more 

In summary.. “Our shareholders want their money!! We gotta give them their profits!!” Hahaha, lol, so fun!! “Oh man my New Year’s resolution!? Gotta hit that gym!! Hitting the gym is a lot like cutting people!! Cut the fat and you’ll see results!!... — read more 

https://www.texasmonthly.com/news-politics/south-llano-river-dam-controversy/

This whole MSP BS would make a great spin-off. Someone get a team on this idea now before we lose quality comedic content. Mr. California.. Creed.. Toby.. etc. All the Stanleys are here ready for Pretzel day. It’s an amazing idea and I think BT... — read more 

I’m hearing the new GM at Sweeny is working Singapore hours. When did we stop taking care of the crown jewel of our refineries? After walking ME out for speaking the truth, this is the best P66 can do? They decide to go outside the US circuit (where... — read more 

The place I work at is gearing up for a big turnaround. This turnaround is shaping up to be a major disaster. I think it will run long and be way over budget. People are worried about what’s going to happen to their jobs after the turnaround so... — read more 

Here’s what will be said at the Town Hall tomorrow. The company is doing great It’s an exciting time to be with P66 and in our industry Only a relatively few employees are affected by the news out of Bartlesville Business Transformation... — read more 

I've been reading about P66 deepening the cuts. Does anybody know if this is referring to the cuts that were already announced for various locations or does this mean that the leadership is getting ready to announce more cuts? Not knowing what's... — read more 

Did anyone notice that the P66 CEO was voted a half million dollar annual pay raise during the last Stockholder Meeting? A half million dollars for what? Employees who own stock should read the annual voting information and vote. Mind you... — read more 

Can someone explain the rationale behind that? Seems like every BT decision is made completely disregarding logic

As a cost cutting measure, it appears P66 has been shedding its most valuable asset, its loyal employees. Yet after the McKenzie sla-ghterhouse, and now a new consultant to review the old consultant, it seems the company is still funding Stony Island... — read more 

Did you know that we have LinkedIn’s funniest accountant, working with us?? Maybe even the world’s funniest!

Our stock has had a nice run up the last couple of months. Don’t be fooled into thinking it has anything to do with BT because it doesn’t. Our stock has risen because the oil sector as a whole has been rising. Our stock is lagging with the price... — read more 

Will I be the last one here to switch off the lights? Hope not...