Thread regarding Marathon Oil Corp. layoffs

The axe is falling today

20% reductions. My son got it along with half of his team. The closer you are to drilling activity the worse.

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| 4161 views | | 9 replies (last May 1, 2020) | Reply
Post ID: @OP+14Jf8gLB

9 replies (most recent on top)

The way to maintain a useless Procurement team...keep a weak, useless Procurement leader.

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Post ID: @1bko+14Jf8gLB

I’m interested in this assertion: “LT, and officers, did take pay cuts ...” Does anyone have any evidence of this? I’ve not seen anything, but suppose I may have missed it?

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Post ID: @1iei+14Jf8gLB

Sincere apologies to the coworkers no longer with us. However, did they at least provide a fair/reasonable severance package for those impacted?

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Post ID: @1juo+14Jf8gLB

What about procurement team? Did the leader save her useless team?

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Post ID: @1chs+14Jf8gLB

Everyone in the industry is taking a hit- not just us. But, I do think we should get the facts straight before posting. Don't you want your tirade to be taken seriously? LT, and officers, did take pay cuts and stock prices are reflective of market trends. LT or virus- which one is deadlier? However, the "shifty hairdresser" comment was the only smile I have had all day!

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Post ID: @1oec+14Jf8gLB

Tillman must go. I've seen enough of that Cheshire-cat smile and heard nothing but effeminate-voiced corporate gobbledygook out of him for over six years. Meanwhile, the stock price trolls the bottom like a dredge net on its continuing downward trend that started within a month of his first appearance. Hey, BOD - when are you going to do your job and get rid of this shifty hairdresser?

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Post ID: @pok+14Jf8gLB

"Has the CEO / Chairman taken ANY personal pecuniary hit in this melee?"

Quite the opposite - he actually just gave himself a raise!

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Post ID: @dha+14Jf8gLB

Has the CEO / Chairman taken ANY personal pecuniary hit in this melee?

Better suggestion - The CEO / Chairman needs to be fired. Board, PLEASE do your job & save this company.

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Post ID: @emx+14Jf8gLB

which team is this?

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Post ID: @smu+14Jf8gLB

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