Thread regarding Apache Corp. layoffs

Hey APA Execs!!

I know you read these posts otherwise half of them wouldn't get deleted. Apache has lost so many incredibly talented and loyal people, it's time to look in the mirror.

Oxy CEO Vicki Hollub's salary will be slashed by 81 percent, while the other top executives will receive pay cuts averaging 68 percent, the WSJ reports.

Hollub's base salary was $1.25 million in 2018 and 2017, according to the most recent proxy statement Oxy filed with the U.S. Securities and Exchange Commission. Her total compensation in 2018 was $14.1 million, consisting mostly of stock awards. The four other top executives named in the proxy statement earned base salaries between $625,000 and $700,962 in 2018, with total compensation falling in the $4 million-$6 million range.

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| 2631 views | | 6 replies (last March 26, 2020) | Reply
Post ID: @OP+1492PjsX

6 replies (most recent on top)

A paycut...to work at Apache? Premier!

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Post ID: @1eni+1492PjsX

A thirty percent paycut is better than a hundred percent paycut. Also, OXY still pays for health insurance.

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Post ID: @1pmv+1492PjsX

Maybe they do monitor this site like they do all other social media, but they don’t own it and they are not the one deleting posts.
Site moderators do that for rule violation. Keep your posts kosher and don’t name/identify others and your post won’t get deleted.

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Post ID: @1syp+1492PjsX

I would rather take a pay cut than lose my job

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Post ID: @wet+1492PjsX

Careful what you ask for. Oxy also gave every employee a pay cut up to 30%.

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Post ID: @qbk+1492PjsX

I fear the APA execs won't look into the mirror my dear...they could be more concerned to adhere and profiteer their own hemisphere to the stratosphere.

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Post ID: @ssr+1492PjsX

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