Thread regarding Occidental Petroleum Corp. layoffs

Ways this company can survive?

When you consider its debt and unstable oil prices, the way this company is managed, the growth of mediocrity in the workforce, the future does not look promising. Has Oxy completely lost direction? How prepared is the company for future challenges? I'm not very optimistic unfortunately.

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| 3001 views | | 11 replies (last June 4, 2021) | Reply
Post ID: @OP+1b8ephCu

11 replies (most recent on top)

@2sux+1b8ephCu Thanks for the first morning laugh. The sad part is I would not have been surprised if they did add some. All this is the smoke and mirrors and Oxy and other companies are just trying to satisfy the minority of people, and the ones that are pushing their agenda. The shame of the whole thing is nothing will change, but those at the top get to feel better about themselves, and people will turn against each other. Management by conflict is what out Country and businesses are in now.

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Post ID: @3fpl+1b8ephCu

@1ngl+1b8ephCu, why so angry? Why the personal attack?

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Post ID: @3yil+1b8ephCu

312th prediction of Oxy’s demise. You’d think you guys would learn by now.

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Post ID: @2vcg+1b8ephCu

When y’all got back to work this week we’re there two other bathrooms added for those who have switched identity from their original birth identity.

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Post ID: @2sux+1b8ephCu

Oxy celebrates rainbow month, but not Centennial.

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Post ID: @2uyv+1b8ephCu

Turn itself into a sewage company and have VH dive into it to clean the filters. Occidental Sewage Corporation, has a ring to it, and that ever present and fitting smell.

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Post ID: @1avi+1b8ephCu

Is this the same loser in the comment below that keeps posting all over this site? I’m 99% sure this guy does nothing but hope we go back full time because he was laid off and doesn’t get to enjoy this flexible schedule. Sucks to suck man. I’m sure your wife wishes you went back to work full time bc she is sick of being around you. Oxy management said this schedule is here to stay. Gonna cry about it?

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Post ID: @1ngl+1b8ephCu

You mean you are not ready to quit because they required you to be at work three days a week. Let’s see what happens in three months when they go back to the pre-covid work schedule.

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Post ID: @1pqy+1b8ephCu

Oxy will be fine with the oil prices like they are. These prices keep the cash flowing and that is what counts. With summer coming up and the pandemic letting off fuel will be used at a high rate. The key is OPEC not flooding the market, but that can be said at anytime in history. By the way day one back at the office was not bad at all. It felt good to get back in the routine of work.

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Post ID: @sro+1b8ephCu

As long as oil prices hold steady or increase Oxy will be able to pay down debt quickly. The future is bright for those of us who have a 2+ year horizon.

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Post ID: @vlx+1b8ephCu

The company will survive once they get some free cash flow going and get rid of some North African assets. They don’t give an aardvarks behind about the stockholders though. So if you are an investor don’t count on making any real return from this company. The employees should still be able to do well with salary and bonuses.

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Post ID: @kpo+1b8ephCu

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