Thread regarding Occidental Petroleum Corp. layoffs

Pioneer Just Laid off 300 People with 1.5X Annual Bonus - Wishful thinking OXY will get 1/4 of that

Unfortunately for LOXY, we will likely get less than 6 months.

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| 5411 views | | 21 replies (last October 11, 2020) | Reply
Post ID: @OP+17kd0pxX

21 replies (most recent on top)

LAPC I think the name your price game was about a good of chance you had unless you quit. I understand how you might not want to be here, but I just don’t see a COC in the works other than maybe if we merge or someone buys us. There is something in the works I bet with the new BAR rating system and all. I just hope they don’t use the new system based on behaviors to push us down the rankings system and end up on a PIP. This is what Exxon did with their employees this year. There you either accepted the PIP or left with three months pay, and that was even for people that had good ratings the year before. There is no way that I see them keeping everyone, and it would be easier and cheaper to lay people off than bring them back to the office. 2021 is going to be interesting.

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Post ID: @3zru+17kd0pxX

Wow! Do LAPC people have problems with being good team players? There is a place to record this behavior on the annual evaluations.

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Post ID: @3hay+17kd0pxX

LAPC should and will get more than LOXY as we are smarter and more useful and not a bunch of loser cry babies ...... pay the CoC and reinstate the VCP and you can all have your POS company back

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Post ID: @3tti+17kd0pxX

There was no regard for shareholders or employees. How can this situation continue to exist?

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Post ID: @3ppw+17kd0pxX

Why should LAPC get more than LOXY? This was the stupidest deal ever done.

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Post ID: @3kfb+17kd0pxX

LAPC need Oxy to just do the right thing and use some of you asset sales money to pay us our CoC so we can move on with our lives
You will never get any real value from us as you will never have our full attention or commitment
Most LAPC were against this take over as i suspect were most LOXY staff and stockholders but your smart leader VH knew better

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Post ID: @3vhp+17kd0pxX

LOL imagine the exodus at 1.5 salary. HR isn't that stupid

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Post ID: @2vig+17kd0pxX

Why complain. The company will emerge fine when the oil price goes back up. In the meantime collect your paycheck and do your job. You can make money just playing the stock on the the little ups and down from 10 to 11. Good times ahead.

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Post ID: @2vtt+17kd0pxX

OXY are not willing to pay the CoC
Would rather see the company go down the sh–ter and all the staff lose everything
VH and the EC are safe and protected under the C11 agreement

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Post ID: @2fjk+17kd0pxX

@1ulp+17kd0pxX speaks the truth. I keep wishing for Oxy to go back to what it was like 10 years ago, but I think that ship sailed when V.H. took the helm.

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Post ID: @2jtx+17kd0pxX

You LAPC bring back bad memories for me. There is no way they will pay you a COC because they can lay three LOXY employees off for every one of you. I have been in your shoes before just waiting on that big payoff that never comes. It just eats you up and there is nothing you can do about it except find another job and leave. I could only make it a few months before I found another job. At least a the new employer they gave me stock to make up for what I was leaving behind. It really was depressing so hang in there.

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Post ID: @1jdy+17kd0pxX

I am an LOXY and I welcome the idea 1.5 X salary. So tired of OXY and its management.

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Post ID: @1vso+17kd0pxX

LAPC here.......................bring it on and lets get the f— out of dodge
POS company

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Post ID: @1gcz+17kd0pxX

@1uie+17kd0pxX if only it was that simple.

Oxy is a worldwide leader in wanting employees to not rock the boat. It's a leader in big talk and no action. Many people have been made miserable or pushed out for doing their job, because it made others look bad or made others actually have to do work.

It's hard to do work in a strategy free and rudderless company. Especially when there's a huge institutional inertia to do nothing and kiss your bosses a–.

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Post ID: @1ulp+17kd0pxX

Go to work, actually work. Receive your pay, be happy. Repeat. Excelling at a job isn’t hard it’s work so work.

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Post ID: @1uie+17kd0pxX

Oxy will not pay anything
They will drive you out by making you miserable
I am LAPC and hate this company and its management

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Post ID: @1wie+17kd0pxX

18 months salary would be very nice.

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Post ID: @1ott+17kd0pxX
  1. 5x not bad if you are close to retirement and you get medical. Actually may be better than those who took VSP over a year ago since you have working from home for half a year.
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Post ID: @1cdx+17kd0pxX

BAR performance review closes January. expect layoffs February. enjoy Christmas!

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Post ID: @xbe+17kd0pxX

The salary is nice, but face it you will need it for 2-3 years if this industry ever comes back. When people start getting hit with 2K a month insurance bills that money will go fast. Now if you are ready to retire that is a whole other story.

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Post ID: @fjn+17kd0pxX

*1.5 times salary is what i meant!

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Post ID: @gfr+17kd0pxX

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