Thread regarding Occidental Petroleum Corp. layoffs

VSP details

According to the newsletter, VSPs will be offered to Oxy in July. APC will not know the details until after closing. The VSP does not have to match APC COC package. Will packages be different depending on the company you work for currently?

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| 2812 views | | 2 replies (last July 5, 2019) | Reply
Post ID: @OP+ZO1XY7X

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They will not get anyone from Anadarko to leave voluntarily with that offer. Why would they? People will just wait until they get terminated “involuntarily”. Then they will get the full separation benefits of the COC.

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Post ID: @5heh+ZO1XY7X

VSP will be 0.5x salary, no prorated bonus, plus prorated stock, plus prorated vacation, no extra for healthcare.

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Post ID: @5hab+ZO1XY7X

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