Thread regarding Occidental Petroleum Corp. layoffs

Chickens coming home to roost.

You people deserve every bit of this and you know it.

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| 3191 views | | 10 replies (last September 22, 2020) | Reply
Post ID: @OP+170HBiyY

10 replies (most recent on top)

If they have cash to pay Warren Buffet then they sure as hell have the cash to offer VSP to all of us LAPC who want to get out of this nightmare called Oxy

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Post ID: @4btg+170HBiyY

Lets get this re-organisation started
Send out the request for volunteers and stand back or you will be crushed in the rush for the exit door
Most LAPC want out now they have seen what a poor company Oxy really is

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Post ID: @3see+170HBiyY

Just curious, but how many LAPC still work for Oxy? Reading these boards they really seem to want out of here. As long as that is going on Oxy does not stand a chance of bringing us all together. I work with many LAPC and honestly they have been great to work with and really have been appreciative of the work I do with them. If we can pay off LAPC and any LOXY we could really bring this company together.

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Post ID: @1tfo+170HBiyY

They need another round of severance to get the numbers down and retain the people who want to stay
Let the people go who are not performing - They are dragging us all down

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Post ID: @1uwu+170HBiyY

Karma Troll talk. We are very busy and working with a skeleton crew, squeezing blood out of turnips. No need to lay off people anymore. Just wishful thinking on your part to treat OXY people bad.

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Post ID: @1bfp+170HBiyY

The previous view is a bunch of excrement. Oxy couldn’t show they are viable now if they were given a viability certificate plated in gold. They are not attractive to any asset owner now but perhaps another company for a JV.

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Post ID: @eba+170HBiyY

@tvt+170HBiyY - Nonsense, any viable company has to have a vibrant workforce to instill confidence that they can handle projects for the future. When publicly traded companies start massive layoffs it’s a major sign of weakness in their fundamental business practices, it doesn’t reassure investors or potential investors, they want to know they’re still a viable/profitable company left. You couldn’t be more incorrect.

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Post ID: @ndr+170HBiyY

Too many employees and not enough cash. A lay-off is coming. Probably the reason we’re still sitting at home. The Pro WFH-res don’t see the handwriting on the wall but with management - out of site means out of a job! Trust me. And - Easier For them to see who is Actually doing work and what can be eliminated. Plus - easier to process people out during a pandemic if they are all at home.

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Post ID: @tvt+170HBiyY

I think you are right about a reorg and it is coming. The company needs to reset to the environment we have been dealt. I we ever sale assets people will be leaving with the asset or cut. With basically so much up for sale that is a good chunk of people. It is coming and just a matter of time. I am saving my vacation just in case or until they tell us what the carryover is for this year.

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Post ID: @viy+170HBiyY

Why can’t they just reorganize while people are working from home? You just cut people off of the computer network and request they send the computer back. If severance is involved they can send that after all company property is returned. Offices At Greenway can be boxed up and sent home. This would really s— but may be necessary to get rid of the duplication and fat.

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Post ID: @lcv+170HBiyY

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