Topics regarding layoffs at Phillips 66

Topics regarding layoffs at Phillips 66

August 15

Anyone else hear rumblings about something big on the 15th?? Looks like lots of private meetings in Bartlesville that day.

Is P66 rehiring old employees?

I’m asking about those who were laid off in one of the older layoff rounds from a few years ago. I’ve heard from a few people they’ve been applying for open positions and I would like to give it a go as well, but not if it’s not something that is... — read more 

Emerging Energy

Has anybody heard anything about Emerging Energy? I know it can’t happen over night but it seems we would have been given some update by now. Especially since, according to the CEO, the perfect person is leading the effort. I think it’s just 1 more... — read more 

Resigning in 1 month - tips for a smooth exit?

I have found another opportunity and I will be resigning in 1 month. I plan to give my 2 weeks notice soon and use my remaining PTO so I don't have to work my final week. I guess I will work with HR on my 401k, pension, RSUs, insurance tied to P66... — read more 

by
| 2250 views | | 6 replies (last July 22, 2023)
Post ID: @OP+1nDtVySD

How Happy Are You With Your Pay Increase?

I'm a high performer and my increase was less than 4%. Obviously this does not even come close to keeping up with inflation, and I think a lot of us are taking pay cuts with the new "market adjustments."

Relocation at any cost?

Creeping from Another company/board. Current employer will only promote the relocatable candidate. If you want to stay at a single refinery, you are worth nothing and capped after 5-7 years. Curious if the P66, Valeros and Exxons of the world are... — read more 

3 months in - should I leave now or wait to get laid off?

This is my 3rd month with the company but morale is really low and everyone is either busy looking for other opportunities or will be leaving soon. I got an offer with another company with a bump in pay - but a bit hesitant to pack my family of 5 up... — read more 

by
| 2330 views | | 5 replies (last July 12, 2023)
Post ID: @OP+1naFXCzs

Relocation Repayment

Am thinking of leaving for another job but it's only ~10 months since I joined. Anyone has the experience to deal with this sticky situation?

by
| 1810 views | | 6 replies (last June 22, 2023)
Post ID: @OP+1naGk11a

Punishment of high performers

Phillips 66 is implementing a new policy cost of living adjustment that is targeting high performers… good luck with retention

So many unnecessary managers

Maybe I'm wrong, but I wouldn't be surprised if we had more managers and unnecessary supervisors than most competing companies. Will they ever cut useless management? Without them, this place would thrive.

SPRINT

Does the Sprint initiative = layoffs for Midstream?

by
| 1220 views | | no replies yet
Post ID: @OP+1mKlQEa5

Research center

What about our R and D folks? I hear they’re having a hiring freeze. And that people are desperate to get out. Is it a sinking ship?

AE66

With AE66 being sunset, will the employees that were working on that be laid off?

by
| 1132 views | | no replies yet
Post ID: @OP+1mEtt8jc

Earnings - Malformation

I’m glad to see P66 have good earnings for the first quarter. The good results were due entirely to running well and good margins. Malformation had nothing to do with it. In fact, the results were in spite of Malformation dragging us... — read more 

Honor???

I think my position is being eliminated but instead of paying my severance, they’re going to offer me a job I don’t want and am in fact not qualified for. They want me to just quit. That’s honor???

by
| 2370 views | | 5 replies (last September 2, 2023)
Post ID: @OP+1moukZd7

2023 hirings

Lots of hirings coming at our site. Is it the same any where else?

When?

When are all the great things that BT was promised to do going to start happening?

PSX’s 2022 EBITDA numbers vs. XOM, COP, MPC???

Go to Macrotrends. For example, Conoco Phillips (COP): https://www.macrotrends.net/stocks/charts/COP/conocophillips/market-cap Click on the tab for Profits and Revenue. Then click on the tab for EBITDA. Look at those nice positive increasing... — read more 

by
| 3050 views | | 8 replies (last March 28, 2023)
Post ID: @OP+1lfWMBlr

Out of the Ordinary

It seems to me that something out of the ordinary or even strange is going on at HQ. I don’t know anything, it’s just vibes I’m picking up.

by
| 2720 views | | 3 replies (last February 17, 2023)
Post ID: @OP+1la1GhZQ

That Didn't Take Long

Well, it didn't take P66 very long to get up to their old tricks with DCP Midstream. They're laying off ~130 employees in Denver. They did do it quietly and pushed off the dirty work on DCP, but it was P66 pulling the strings.

by
| 2143 views | | 2 replies (last February 10, 2023)
Post ID: @OP+1l5WYXKY

Enhanced parental leave benefits-:(

So my delayed merit increase is paying for new parents to have up to 16 weeks off paid at 100%. Once again, P66 shows that they only value youngsters and not the experienced and long tenure employees

by
| 2440 views | | 6 replies (last October 25, 2023)
Post ID: @OP+1l1elI7z

VCIP changes

VCIP invite included ominous phrase "discuss upcoming changes to VCIP" Doesn't look good. Any ideas on what's brewing?

Will there be any merit increase?

Experienced hire last year. SGL 16. Above 110%. Rating 3. What will be the merit increase? 1%? Seems I am hosed due to where I am in the pay band. Any thoughts?

by
| 2102 views | | 1 reply (January 19, 2023)
Post ID: @OP+1kKuz94k

It’s Started

2 of my friends left this week. They didn’t even wait for VCIP.

by
| 2840 views | | 6 replies (last January 28, 2023)
Post ID: @OP+1kEm7oVZ

Early Retirement Package

What kind or early retirement package has Philips 66 offered to those willing to leave early?

by
| 2720 views | | 1 reply (December 15, 2022)
Post ID: @OP+1kaQKVA9

Phillips 66 Layoffs 2023

What's your prediction as it relates to the possiblity of Phillips 66 layoffs? Any chatter, news or rumors?

by
| 3980 views | | 9 replies (last December 11, 2022)
Post ID: @OP+1jUMvybW

Postings

Why have postings been so skimpy lately?

by
| 1910 views | | 2 replies (last January 15, 2023)
Post ID: @OP+1jSRxGWW

Higher Paying Jobs in Houston

Just curious if anyone has any stories of employees who left in Houston and found higher paying salaries inside/outside the industry in Houston?

by
| 2860 views | | 3 replies (last December 7, 2022)
Post ID: @OP+1jKWT3Jt

HR Town Hall - PSX Stock

They said at the Town Hall today that Transformation is reason PSX stock is doing so well lately and that the Investors Meeting last week went swimmingly.

by
| 2180 views | | 3 replies (last November 22, 2022)
Post ID: @OP+1jIrqTtt

Start a new thread - post a news comment, question or message:

: