Thread regarding Marathon Oil Corp. layoffs

The entire business is modeled around returning dividends to stakeholders. Doing such makes the executive leadership team look really awesome. This may not be new news to you, but no one gives an F about you as an employee.

Don't forget Lee and the clowns wiped out 17% of the staff in 2019 as well in order to "return positive cash flows to our stockholders".

they went from from Stan & Kyle to Eric Cartman

The reserves have been “aggressive” (some might say “questionable” or “inaccurate “) since 2011 or 2012. As the bright and shining stars came into the company at the beginning of the Eagle Ford, they realized that Marathon’s traditional, conservative reserve reporting methods made them look not so shiny. And so they agitated to revise those methods and boost our numbers to compete with our brand spanking new peer group (a/k/a the penny stock jobbers). No longer capable of competing with peers with real underlying reserves (XOM, COP, CVR) we turned to a new peer group and our relative performance was much more impressive. But on a fundamental level our journey to top quartile was mostly a result of moving from the olympics to the special olympics.