With ExxonMobil announcing a sale of their Billings Refinery today, is this prime time to sell Alliance? This is the first refinery sold in the last few years and it is selling for $300 million. It is a 1/4 the size of Alliance. I would guess that... — read more 

One more week left in October...safe to assume all people related changes will be announced then. Thoughts?

Has anyone else just checked out? Managers/supervisors have checked out?

Bayway just shuffled their maintenance dept. Totally ridiculous, slashed job titles and created equally useless titles to move people around. Tripled some workloads and everyone else in the dark about job responsibilities in their new roles. Total... — read more 

They are delaying as an anxiety tactic hoping to force as many people as possible to leave the company on their own free will, thus minimizing the cost of the severance package program. Anyone who has not caught on to this fact knows very little... — read more 

I wouldn't mind so much if they didn't keep patting themselves on the back for being so "transparent". I wanted to give this management the benefit of the doubt, I really did. Then they pulled this cr-p and I realized I was an id--t. All they care... — read more 

That's certainly what I plan to do as soon as possible! Your life can only improve if you do that! So many things are wrong with P66 currently that even if I can get a job offer that pays less than I earn now I'll be overjoyed to accept it! I'm so... — read more 

If the company says there'll be layoffs, it'd be nice if they then proceeded to have said layoffs. What's the point of letting us know weeks in advance? All that's achieving is raising the anxiety levels for a whole bunch of us and making us stress... — read more 

Once again refining employees get promised ‘X’ and receive ‘Y’ that is

In terms of P66 personnel after it is all done? In other words, what is your guess in total losses in percentage terms? 5% reduction?

The emails all said something to the effect of, “…in the coming weeks those leaders will pick their teams…”. Does that mean layoffs will happen within the next couple of weeks?

I heard Friday is d-day.

And really any other consultant vampires: https://www.theatlantic.com/ideas/archive/2020/02/how-mckinsey-destroyed-middle-class/605878/

Never seen a company go through such a self imposed implosion like P66. We are losing talent left and right and keeping the management in place that drove them all to look elsewhere. I’ve seen people leaving in droves recently for competitors. ... — read more 

I have it on good authority tomorrow is the day.

I’m not going to lie, I was excited by the idea of change at P66. It is needed, but once again I was fooled. There isn’t really going to be meaningful change in a good way. The org changes announced will do very little. McKinsey and BT are too busy... — read more 

No cap: just saw a McKinsey drone napping in the break room

At least not in this case. The acquired company will most likely lose some employees but I don't see why we would be affected in any way. Any redundancies should be dealt with on their side. I think people who are worried about what's to come are... — read more 

Gotta wonder if McKinsey’s been poking around in DCP too. A whole lot of our assets are next to theirs, so it makes sense, but that also means layoffs are imminent.

Shell Oil recently announced it was giving all 82,000 employees a bonus of 8% of their salary because of their record profits. Has anyone heard about Phillips 66 possibly doing the same thing? I heard in a recent presentation from a high level P66... — read more 

Midstream: in the past 3 years Phillips 66 Company has shut down or idled the following assets: 1/2 of North Texas Crude Gathering System; Chisholm Pipeline System; Line - O (Cushing to Borger); Alliance Refinery; Most of River Parish (purchased... — read more 

My take on Lashier's email about Q2 earnings is that he's basically saying "good job everyone, but we're still gonna have layoffs".

Enron used McKinsey too….just sayin’……. https://amp.theguardian.com/business/2002/mar/24/enron.theobserver

Poor decisions led to $110 million LPO, unethical contractor selection regarding TA general contractor and material management, extremely poor leadership, targeted retaliation for opposing views, unfair hiring practices, running maint/TA groups into... — read more 

Is it true that the research center in Bartlesville is closing?

anyone else seeing people leave like never before?

Does anyone know much of a percentage Blackrock owns in P66? Are they the ones in the drivers seat behind business transformation and Inclusion &Diversity?

With the downturn in the economy and consultants eliminating jobs, any news if they will target P66 employees or target contractors?

McKinsey has been to Ponca City and Bayway. Any new out of those places about the Transformation?

But what does that mean??

Let’s see if I have this right. AE66 was supposed to drive transformation, innovation and improved financial position. Instead it has delivered minimal innovation, nothing truly transformative to the industry, increased costs, decreased quality and... — read more 

https://www.nationalreview.com/the-morning-jolt/why-diesel-fuel-costs-are-really-rising/ Great article on how recently closed refineries are affecting fuel supply. The article mentions Alliance - “Phillips 66, for example, would have to spend more... — read more 

A Thursday 8am town hall meeting with mgmt on hand to answer questions afterward. 60-day WARN?

If they increase the amount of diversity training, that will help the bottom line.

Never lull yourself into a false sense of security. You're not safe as long as there's somebody in another country who's willing to do your job for a fraction of what you make. This has been happening for years and this will continue to happen... — read more 

Most likely outcome: consolidate similar functions, and then solicit EOI due to redundancy. Finally a layoff to reach the reduction goal. IT’s attrition is better than expected lately, likely most people are waiting for EOI. The market could not be... — read more 

Since layoffs usually come after a bad earnings report, what are the chances we're in for some cuts after today? I've been looking around and from what I can see, things are looking good ahead of the investors' call, but you can never be certain when... — read more 

Communication? Flexibility? Technical knowledge? Networking? What do you think?

Winter is coming!