But that’s just my impression. Not that it makes any real difference. Especially not for the people who just lost their jobs, and not for those of us left behind. I imagine the bleeding will continue.
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many groups look below target because of future departure dates. transitions can be voluntary or involuntary. there is not a list of these people. you will see people leaving in 2026 that were part of the 2025 EOI/layoff but you will only know if they self-disclose.
How’s the 25% stacking up now that the EOIs and new org charts are being rolled out? Most groups that started light even with EOIs are ending with larger losses due to forced moves this week.
We need a 40% cut to just compete with our peers.
I’ll believe forced attrition when I see it. In the current job market, I think the likelihood of people leaving for $0 vs. a 10% lower paying job and/or relo is minimal. The relo itself is worth a chunk of money.
From what I can tell, land hardly had any layoffs at all which is wild to me with how bloated the staffing levels are.
@OPAlaska Production Engineering took a 50% haircut. It will take time before the big picture is visible, but once the dust settles the magnitude of the adjustment will be visible.
How did Permian geology fare?
@a7 who's included in waves 2&3?
Also I think there will be some forced attrition in the form of people being asked to accept a lower paying position, and forced relocations.
The nice thing about these types of attrition is that severance doesn’t get paid. It’s all about motivating some people to quit.
I think it feels that way for two reasons: (1) many are being asked to work a transition period, so they aren’t immediately gone and (2) the 25% figure includes waves 2 and 3 which are still to come in 2026.
One person let go on my entire floor.. my team alone could’ve done away with 3-4 people and be fine.