What's your prediction as it relates to the possiblity of ConocoPhillips layoffs? Any chatter, news or rumors?
6 replies (most recent on top)
Expect more layoffs with $55 oil.
There will be adjustments around Easter and maybe another round in 4th quarter.
They should be over for now
At least for IT, initially the consensus was that MSP would come in causing another round of layoffs around summer time, however, after the recent IT Town hall, Pragati has mentioned they don't know if they're gonna do it or not. They mentioned all lot of our peers are rolling back MSP's because it's not feasible, so we will see. But given our rapparot, just bet that there will be another round.
@a8 People have been saying that for years. XOM or CVX is buying us. I'll believe it when I see it.
Company will be sold