Anyone would care to chime in with a prediction about potential Phillips 66 layoffs? Any chatter, news or rumors?
6 replies (most recent on top)
People are getting laid off daily ever since they announced we were shutting down next year. We won’t make it till 4th quarter of next year, that’s a guarantee. The company is shady, they don’t care about their employees and they are gaslighting the sh*t out of us on a daily basis.
Well drop my drawers and sp--k me silly. That there is just some crazy money. That board has had a few too many wobble pops.
2025? Are you assuming they are done for 2024? Doubt it.
Let’s start at the top (salary/total comp):
Lash!er: $1.6MM / $19.4MM
Darr$n W00ds: (XOM - 10.4x larger than PSX by Market Cap): $1.6MM / $15.6MM
Mike W0rth (CVX - 5.5x larger than PSX by Market Cap): $1.9MM / $21.9MM
Ryan L@nce (COP - 2.5x): $1.7MM / $20.8MM
K$vin Mitch&l: $1.0MM / $8.4MM
Pierre Br3ber (CVX): $1.1MM / $6.6MM
What a joke reviewing the lower SGLs. This company is ridiculously overweight in middle management. 16-20 is where they could probably cut 80% and not notice any downsides...
I don't know if it going on elsewhere, but Korn Ferry is supposed to be reviewing the SGL 15 and below in ERI. Folks are nervous about what might come out of that.