Senior REs and PE taking retirement packages, confirmed layoffs this week. OXY is a good company and in better position, but we need prices up!!
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Notice the comment was posted last week on Friday...probably referring to last week.
It is sad that anyone gets laid off as we are all trying to pay the bills. It would be very helpful if they would distribute information to everyone including contractors. I have heard several contractors state that they have to hear rumors to find out what's happening.
how do you know its going be an ugly week?
thought everything was done last week
Its going to be an ugly week. Good luck to everyone.
Yeah, we are in a good place - say that to hundreds that are or will be laid off.