Thread regarding Anadarko Petroleum Corp. layoffs

Chevron Told Wall Street Planning to lay-off Backoffice

Chevron told Wall Street Analysts they’re planning $1B synergies vs APC $1B in G&A.

Given a lot of G&A is tied up in multi year vendor contracts, it will be far more than $1B in people costs, anyone in Woodlands, you will likely be fired.

Minor exceptions. Don’t plan to be one of the few. Get out ASAP.

Gravy train is over.

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| 2856 views | | 1 reply (April 14, 2019) | Reply
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Why anyone would walk away before he gets the stock vested? Ownership change immediately gets you all unvested stock.

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