All, let’s move posts over to the Oxy board. We are Oxy now and we need to get going on moving this ship in the right direction.
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Check integration site under CoC. There are new documents and revised process. No email was sent in such an important option people thought they were part of.
Where is the new document located? I didn’t see an email. Is it on the “Insider”?
Typical management practice. Bad news given on Thursday or Friday so that people can vent on their free time over the weekend. No CoC; oxidized by new document.
We are Oxymornons, all of us.
Not my company.
sar·casm
/ˈsärˌkazəm/
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noun
the use of irony to mock or convey contempt.
"his voice, hardened by sarcasm, could not hide his resentment"
Oxy is already planning on what assets to sell off, the company will be trimming down for at least the next two years. Too much debt and keeping MZB as is makes Oxy the new Anadarko. The MZB albatross is now around Oxy’s neck.
Anyone can actually browse and comment on any board, Exxon for that matter or Conoco or whoever. There is no credentials check when signing.
The difference is that in current setup and logically the APC board has discussions )potentially) that appeal to legacy employees. VSP is not a topic for the larger organization as an example. If we start posting on the Oxy site we are actually going to get on the nerves of the participants there.
I do browse and read posts on the Oxy site and it does seem quiet which is good. Not a lot of griping and excitement there. If the dust settles then on APC and the ones who decide to stay and find an appropriate role in new organization should do fine.
By the way, don't count on fat paychecks on next acquisition. First of all Oxy is too big to be swallowed at this point, market doesn't like this approach and Exxon, CVX will not be forgiven. Second, take a look at Oxy VSP terms and there is no COC. So it is now for the one fat paycheck or a long term career the two paths forward.
Why would we be eager to jump on board with Oxy.
50 Billion in debt.
Carl Icahn is about to take out half the board and replace them so that he can sell Oxy.
Oxy bet the house on the Permian. https://www.bloomberg.com/news/articles/2019-08-01/stumble-of-one-time-shale-patch-darling-casts-cloud-over-permian
I'm going to run to the bank with my check while I still can!
Obviously there are a lot like you that will be retiring - good for you. I don’t think that anyone signed up for this but you’ll be getting an extra fat check on your way out so are you really that upset? For those around 40 who are ineligible, we just want everyone who is eligible and who will elect to take the deal to be gone. Our culture will be better once we’re past all this and we’ll wait for our paychecks at the next acquisition.
We are Oxy...ha ha ha ha ha ha ha ha ha ha ha ha ha. No, "we" aren't. I'll be retiring Anadarko. You all may be Oxy, but "we" never signed on to Oxy.
By the way, I just looked at my paystub, and it still says Anadarko. So does the name on the front of the building. But feel free to move on over to the Oxy site. You are Oxy.