Topics regarding layoffs at Phillips 66

Topics regarding layoffs at Phillips 66

It Stands to Reason

The stated reason for BT was to bring our stock more in line with our 2 main peers. So far that hasn’t happened. Granted, PSX is a lot higher than pre BT, but that is just the overall market being higher and specifically the energy sector performing... — read more 

Rodeo Renewed/ Rodeo Renewable Energy Complex

Thoughts on the success of Phillips 66 rodeo renewed plant in CA? They state that everything seems to be going good online and running at full rates 50MBD... but something seems to tell me otherwise?! How long until we will know if this is going to... — read more 

We need layoffs

We have plenty of fat that can be kicked out without anybody missing them. The only problem is that most of them are in management and we all know that's never going to happen. We'll keep losing good employees while the real fat will continue to do... — read more 

How does outsourcing cover up when it is really AI?

Common plan some businesses might use is initially move jobs out of sight "OVERSEAS" then step #2 is AI. Saves companies alot of severance package pay and possible "slip and fall workers comp. ' claims on a workers last day they work. Plan is saved... — read more 

Not just layoffs, but salary cuts

HR is also reducing grade levels. This means lower bonuses and you'll be over midpoint. If you don't like it, you can take a severance package.

Who Do They Think They’re Fooling?

In the midst of these totally unnecessary and counterproductive round of layoffs P66 is posting these feel good stories on Facebook and LinkedIn about interns, Barbeque Cook Offs, and other foolishness. Do they think people are going to be fooled... — read more 

Layoffs thread

Pls confirm the rumors if you can. If layoffs are happening, pls post who’s affected, how many peeps, and if any area is safe.

Extravagant Excess

Watching the Astros last night, you can’t help but notice all the P66 Shields in the Diamond Seats. Has that spend resulted in one sale at the pump? Unlikely. Those seats are nothing but a luxury for the ELT, as are Gulstream 650 corporate jets and... — read more 

2nd Quarter Earnings

During the 2nd quarter earnings call it was stated that P66 had reduced the cost to run a barrel of crude oil by 83 cents per barrel. And maybe we did. However, one of the analysts asked the question how much of the savings was due to BT and how much... — read more 

Borger Refinery

Who did Borger get? If it’s who I think it is I’m real glad I’m completely out of Refining!!

End Outsourcing

If you are tired of the offshoring then contact your congress person. Only way anything will change is if you get involved politically. Only takes a few minutes and is worth a try. Go here to send an... — read more 

Renewable Diesel Legal Problems

P66 is being sued by a company named Propel Fuels for $1,000,000,000over alleged Theft of Trade Secrets. The trial date is August 26th, 2024. This dates from 2022. Why are we,the employees and share holders only finding out about this now? For more... — read more 

Will mgmt ever realize they are the problem?

You can do cuts, reorgs, fire and hire, but if you are thoroughly incompetent and your organization is deeply dysfunctional, none of the above will ever produce any results. This is not my first workplace, but boy, is it the worst! I regret ever... — read more 

Hi ho the dingbats gone

So happy that P66 has taken the Task to get rid of people that do nothing but walk around, create problems, then pontificate how smart they are by solving the problem they created. This Task should have been taken care of long time ago. Putting... — read more 

Welcome to corporate America.

Unless you all stand up as a group nothing will change. Keep asking the canned questions at the townhalls. Keep quiet and maybe they'll fire your coworker and not you. These businesses have been doing this for years. Then they convince us we are... — read more 

Executives at P66/ WEP

Interestingly, they are spending so much on WEP to cut jobs, yet the executives are still flying first class and corporate jets around the world. Half of the travel isn't even necessary, they want to be seen, and line up their next gig for when they... — read more 

L&D one more time

In the past 18 months, since the L&D organization was created, 100+ employees have been added to this group; most of them new hires. Since then LDLT has constantly ignored the expertise of their employees and hired vendors and consultants to pretend... — read more 

Emerging Energy, Again

Z recently spoke at a conference in New York. In this speech speech she was very long on what Phillips 66 is going to do in the future with Emerging Energy and very short, except for Rodeo, on what Phillips 66 has actually done in that... — read more 

Work Elimination Email

Anyone understand what the heck was the email about today. Do they understand we don’t care what they are saying. Just offer layoff packages and get it over with. Still cheaper paying all these consultants Please stop the madness!!!!!!

Rodeo Renewable Diesel

That Go-Go Boy said at an energy conference today that the margins for renewable diesel are not what they expected, and the renewable credits are a lot lower, at 9-year lows, than expected as well. There are a lot of excess credits in California. The... — read more 

Layoff Benefits Questions

Let’s use this thread to share what we know about how layoffs work, if we know. My question is this: When a layoff occurs, do we receive our restricted stocks on the vesting schedule they were planned for? I was reading the policy recently and... — read more 

If BT is so Great

It’s been said by the Go Go Boy that BT will make P66 a better place to work. If that’s the case, why is it such a struggle to keep employees? It’s true that there is a core group of employees who stick with the company no matter what. But, far too... — read more 

Thoughts on Outsourcing Phillips 66 Jobs

The new practice of outsourcing our jobs from the United States to India is a result of our current leadership team looking to reduce labor costs. While our CEO and CIO say that this will help boost shareholder value, the negative consequences of... — read more 

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| 2450 views | | 25 replies (last June 19, 2024)
Post ID: @OP+1sS57QVA

COP Marathon!

Thoughts? Will the Go-man one up Lance?

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| 1260 views | | 3 replies (last June 6, 2024)
Post ID: @OP+1sM7lr6P

OEIA

When is last time anyone mentioned Our Energy I Action except as a punch line, other than the ELT of course?

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