Thread regarding ConocoPhillips layoffs

Oil Price Heading South.

What will it be: Reduce CAPEX? Cut Dividend? Sell More Assets? Step Up Layoffs? All of the above? None of the above? What will it be.

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| 1311 views | | 3 replies (last June 27, 2017) | Reply
Post ID: @OP+NTRQedh

3 replies (most recent on top)

Find your way to a life boat, or hang on to be part of a salvage operation. The storm is gaining momentum so if you are still on the ship look at journey management because they will not let people go.

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Post ID: @6nhq+NTRQedh

Buyback only works when you have cash flow...First layoff several thousand and then use those savings to buyback stock. COP needs to get down to 5,000 headcount

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Post ID: @5srl+NTRQedh

Buyback shares to keep the lights on. If you are the last to leave, please turn off the lights.

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Post ID: @wde+NTRQedh

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