Thread regarding Anadarko Petroleum Corp. layoffs

The true cost of poor decisions

Circa...2016, myself, like so many other we're identified as not part of APC's plan moving forward. We we're given a severance, which was actually just PTO you were owed, and a ride home to tell your family the great news. Sacrificed on an Excel spreadsheet in the name of cost savings. Now let's fast forward a year, you've gutted mostly operators, and in their void, brought in contract operators and even paid to have some of your Texas boys move to the Rockies from assets that have been sold. And in almost no time at all, true to your f--- up ways, you've managed to blow up a house and kill people within the community. Granted I know the blame doesn't fall squarely on APC's shoulders, but I know in with all my being, my "not part of APCs future plans" a-- would have for sure known that gas is flowing somewhere!?

Now I'm not posting this just be salty and play the blame game, I'm posting this because I have moved​ on, to a better position at a better organization, but no matter how hard I try to put it behind me, Anadarko has a way of sticking it's nasty blue d--k in my life! Now all of us other guys have to play scramble to prove our innocence when it comes to operations, but perhaps more damaging, it made every good innovating operator here in the Rockies loose so much social licensing it feels like we have to start all over!!! So thanks big blue, I hope your "cost savings" was worth f---ing the rest of us over. And by all means, please keep the management you have in place in the Rockies, they're​ doing a Dynamite job!

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| 4152 views | | 11 replies (last June 7, 2017) | Reply
Post ID: @OP+NqmPMsO

11 replies (most recent on top)

No worries. This is corporate America in the 21st century. Competency doesn't matter anymore. We have leadership by MBA now. If reality doesn't fit your needs just make something up. If someone points out facts that conflict with your vision just brush them aside and call it fake. Always stay the course regardless and you too can rise to the top. And when reality eventually intervenes, as it always must, just blame your underlings. In the meantime you'll get rich. Ahhh, isn't America great!

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Post ID: @fnar+NqmPMsO

Congrats to the darko for cutting staff in 2016 and 2017. While the target number was presumably met, the resulting performance indicates that the wrong people were let go. You can’t replace 20 years of experience in a year using inexperienced staff, cronies, and clones. The weak management left behind is keeping their head low, hoping the person behind them takes the bullet. How did the bobbleheaded mid-management stooges keep their jobs? With a huge crash in stock price and market cap, makes you kinda wonder if those who made the cut decisions are feeling good about all the good people with experience they walked out the door. Now the new management is populated with the Bart Simpsons, coneheads, and minions of those who made the cut decisions. The employees with savvy and probably the biggest threats were removed during the layoff and a clone was elevated to lead the way. Most of those are weak managers at best, which doesn’t bode well for leading the organization through what lies ahead.

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Post ID: @fnjz+NqmPMsO

Looks like a post got deleted from this thread. APC trolls found something offensive?

This website shows updated time of a contribution three days ago and yet comments are 6 days old... other threads sometimes have similar "edits"...

But, this is a free gripe domain, so does this really matter?

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Post ID: @dzsd+NqmPMsO

Scratch Noble off your list. I worked for them and they're worse than Anadarko. They have absolutely no leadership or direction. They whipsaw from project to project based on short sighted whims of outside analysts and a management that mindlessly follows their recommendations. Result has been failure after failure, multiple layoffs, asset sales and stock devaluations to feed the resulting cash burn. The only thing they've stayed the course on is Leviathan and that's of questionable value and will require a lot more asset sales and layoffs to complete at these prices. Noble would be like going from the frying pan into the fire.

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Post ID: @7igw+NqmPMsO

You could have not said things better. I was a manger of 25 years and was shown the door last year. I did goto to work for a good company. It's the price APC paid. I still think they have more to come. I will say one thing 4 out 5 managers / supervisors that was left in Gillette would not make it through the interview or background check of the gas company I work for today. So you Anadarko keep up the good work. Great core values!!!!

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Post ID: @4kvz+NqmPMsO

It's not hard to find a better company,

Extraction is doing big things, noble is getting it together, PDC is kicking a-- and doing it right!! But look into service industry, they need the talent, and you can develop not only yourself but those around you. We know how to operate, and operate safely, these service lines NEED our help, our input, our developed skills, without development, workers sometimes don't get to go home at the end of the day, a true tragedy, seems to a common trend as of late.

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Post ID: @3sci+NqmPMsO

Taco Bell

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Post ID: @2rxv+NqmPMsO

Walmart

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Post ID: @2ptx+NqmPMsO

Exxon

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Post ID: @2mui+NqmPMsO

So who is the better company? help some of us out that are stuck and looking.

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Post ID: @1hli+NqmPMsO

Couldn't agree more. I too have moved on and am doing much better, but I can't help but laugh at how they're floundering now.

I'm actually considering flipping some of their stock. It's almost at a low enough price to buy and I could make back some of the severance up that they f---ed me out of.

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Post ID: @abj+NqmPMsO

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