Thread regarding ConocoPhillips layoffs

After my interview at CoP in 2015 I went home and promptly SOLD my CoP stock holdings.

Ha ha! I've been gone from COP almost three years now. Oh my, what a blessing. They were a good company in many ways for a few years. What incompetent management though.

The dishonesty.

The nepotism. And the cronyism.

I don’t admire anything about ConocoPhillips.

I admire the SPIRIT

S= Slog.What it feels like to come to work day after day, week after week, year after year

P= Pathetic exploration.When was our last true mega-discovery?Ekofisk?

I= Inclusiveness. Making everyone feel welcome, no matter how incompetent

R= Razor thin operating margins due to bloated cost stricture

I= Idiocy through the ranks, especially the higher you go

T= Tenacity of those still employed, esp those who joined 20+ years ago

I admire the absolute brilliance of executive management fooling both the BoD and Wall Street that they are competent. The dividend cut was touch-and-go, but they seemed to have recovered. Employees know the truth.

I admire that COP L48 is the best place in the industry to be an operations geologist. They are only responsible for one rig. AND they hand that off to contract geosteerers every night! So they basically they have half a rig, and that rig is only landing or in the lateral about half the time. So they really only manage a fourth of a rig. And all their processes and workflows are highly automated. Yet, they have management convinced that they are overworked, so they get to work from home a lot and get a comp day every well. The biggest spin job in the company if you ask me.

I admire what low expectations my supervisor has of me whilst paying me so well. Sometimes I feel guilty about it, but then I remember it is the trade-off of having very little opportunity for personal/career growth.

I admire Conocophillips for ability to coast for decades on the business development and exploration success of past decades. Also, thumbs up for promoting and protecting people based on benign characteristics over merit.

I admire Conoco for keeping Bartlesville running and open in the face of lots of pressure to do the opposite. Bartlesville has become obsolete but we still support the campus.

Shareholder value, superior returns, stellar performance.

Bountiful opportunities? Riiiiiigghhhtttt. More like bountiful amounts of cash in the ELTs pockets.

I love Conocophillips ❤️

I am not going anywhere and staying as long as I can.

How appropriate. The Trip to Bountiful. Nice allegory.

Conoco is a great company to work for. Conoco offers a challenging work environment with bountiful opportunities. If you are willing to move several times during your career many opportunities and friendships will be created. Benefits are great.

1uyg: That’s the real question! +1 +1 +1

I admire how anyone actually works here after 4 years of continual layoffs. Seems nuts

Absolutely nothing?

The pay, if not for the pay and benefits it would have zero employees. It's culture is poison.

Spin, definitely the spin

I admire their persistance in keeping 'People' as one of the SPIRIT values despite everything they do to the contrary.

Silly HR - ok I’ll play along. Much like this post, ConocoPhillips is very good at spin. The ability to mislead and misrepresent truth is second to none. Management is very good at misrepresentation of facts.

Bartlesville Strong!