Thread regarding Occidental Petroleum Corp. layoffs

Yes apc people are protected with the coc. That's what makes the difference between a company that values their employees and one that doesn't care about employees like oxy. Best I can tell is the only thing they care about is telling everyone how great they are even though in reality everyone can see how big of a joke of a company it is.

For those still at Oxy, best to stick around and hope for the next lay-off, to get the next chance at those fat stacks. Oxy is good at hemorrhaging talent for a– wipes.

Oxy employees are the ones that got the worst here. They had a high VSP threshold and no protection like APC CoC. If they didn't get laid off then they are stuck at a company at the bottom of the industry for workplace benefits and only looking to cut more. All the things promised with the new campus now they are stuck worse than before. A lot if things were put on hold because 'its coming in the new campus' now the campus is gone and they are stuck with gross old furniture and c-appy projectors.

Oxy has adopted the Chinese model. Pay way too much for acquiring assets, pile enormous amounts of debt on the company, cut people / maintenance / payrolls to the bone, senior executive pilfering (i.e., way overpaid for the results they deliver), and dump the worthless shell of a company onto the initial long-term investors.

“We were in complete agreement, we were not going to lay off employees, and our board was firmly behind us,” she said.

If you think you are any thing more than a number to any corporate entity, you need wake up. The only concern they have for you is how much you are costing them. Getting too much overtime........Adios, s—er! Good luck and God bless all of you caught up in the c-ap.

California Resources Corporations 2.0. Paying too much for acquisitions? Go figure! The OXY way “ buy or get acquired” regardless the cost.

VH + overpriced unnecessary acquisition + ridiculous financing + no stockholder input = VH + box of personal belongings + security escort out of building + closing of door behind her + no bonuses + no golden parachute = What should be

VH + overpriced unnecessary acquisition + ridiculous financing + no stockholder input = 100s of laid off employees in tough job market = What is

Yep, she told us in a Town Hall Meeting last year, no one would lose their job. But I’m sitting at home today as proof that she lied. Oxy has been nothing but a dump since she took over.