Thread regarding ConocoPhillips layoffs

Rockin' the Bakken

Bakken and RBU in general is hemorrhaging people. Good people are quitting left and right. At what point does the company start looking at the people who are managing these assets, as the problem and hold them accountable?

However, the reality is that people quitting makes it easier for HR. Less layoffs they have to do after all the asset dispositions. COP is hurting bad.

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| 1551 views | | 1 reply (May 24, 2017) | Reply
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Bakken is a money black hole. Will never see break even. Need to farm- out or sell to more efficient operator. We are just fooling ourselves that we are competitive.

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