Well folks. It's now been weeks since the major cuts. What is your take on how things are looking so far?
7 replies (most recent on top)
I concur on the management layers, there is more now then before. I’m thinking they’re potentially making these managers “fight” it out, as they (high ups) didn’t know who to keep. Now time will tell who wins and gets to keep their jobs, as we can’t have a manager have only two groups leads when my previous manager had more than 5 direct reports. More layoffs to come right?! That’s why I’m thinking it’s management heavy...for now.
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I’m doing the same job as before and now I’ve got a new group lead and a director between myself and the top. This is not efficiency.
More and more managers and management levels. Non productive G&A.
Alex swung and he missed strike One.
They’ve only dropped about 800 people so far. No one is safe unless you’re a director or above.
Just layoff the midstream projects team, they're a bunch of sandbaggers.
If Major Projects - Downstream / Midstream Projects is any indication, it takes thirty reports to oversee an EPC actually doing the work. Bloated when capital budgets are cut to bare bone.