Thread regarding Apache Corp. layoffs

Bonus corporate factor

any rumors?

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| 2661 views | | 6 replies (last February 13, 2024) | Reply
Post ID: @OP+1qrNJNXU

6 replies (most recent on top)

Yes, stock dropped ~30% in the last six months, still really strong 2023, but HR finds a way to drop your rating. Apa founders wanted to spread the wealth among all employees but now Apa follows McKinsey guidance that just the top executives get rich, and all the cost saving initiatives are applied to common employees. So the top get richer, they also pay less taxes.

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Post ID: @Cwmf+1qrNJNXU

My review is still sitting with Hr past due lol

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Post ID: @7idi+1qrNJNXU

We don't want those pesky employee IC bonus's to get in the way of executive compensation and promotions. Need to cut somewhere! JC

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Post ID: @5rjy+1qrNJNXU

FYI: ALL EMPLOYEES END OF YEAR REVIEW RATING IS POSTED IN YOUR A GAME. DON’T BE DISAPPOINTED IF YOUR MANAGER RATED YOU HIGH & HR DROPPED YOUR RATING.

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Post ID: @4pei+1qrNJNXU

Lower your expectations for total compensation

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Post ID: @4yvw+1qrNJNXU

Share price was 42.89 12 months ago, it’s now 34.34, with $5.7 Ben of debt on the balance sheet, huge decommissioning liabilities pending and the Keystone Cops still in the hot seats.

Why should there be any bonus? Rather goes against the definition of the word, at least as far as those steering this rotting ship is concerned.

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Post ID: @1wfs+1qrNJNXU

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