Thread regarding Anadarko Petroleum Corp. layoffs

if company A has 2000 employees and company B has 3500 employees and the owners merge. How many people from each company would be safe in their jobs? My prediction is that about 3000 people will be in the market for a new job soon. Too many "support" positions in both companies. A smart cold hearted business mind would have 5500 people apply for their jobs and do the smart thing. Show the investors that you know how to operate a business and pay out huge dividends. Im pleased I am not in the field of business A or B just because there will soon be a glut of unemployed candidates all maneuvering for new positions in other companies.

Hope they don’t keep APC. I want a package and go get a new job.

There are some of us Oxy employees who will qualify that would gladly accept a VSP to make room for an Anadarko employee.

Hope you’re correct. Would love to get the APC change of control package.

It would be nice to think that Oxy will carefully consider their personnel needs, evaluate candidates on both sides, layoff some their own people, and meld the best of the best. Quaint and idealistic but no. This will be a one-sided slaughter.

Oxy could have unloaded their deadweight in the last down turn, they didn't. That cost them money but earned fierce loyalty. Do you think they are going to sacrifice that loyalty because they want YOU?

This is game theory manifested through office politics. Hang together, esprit de corps.

Where there are redundancies, the Anadarko people will go first. Where are people dedicated to assets, some Anadarko people will stay but you are already being badmouthed publicly as not operating efficiently to justify the high price of this deal.

Then consider the adage that most mergers fail and most failures are caused by culture clashes. This deal is already under financial pressure, risk of failure, because of its cost, including the cost of capital from Mr 8%. Add the divergent workstyles, the loyalties in a very political company that allowed the unmeritorious to prosper, and the sh--ty commute. How loyal will Anadarko people be? Get rid of the people and the culture clash goes with them.

Pass whatever you are smoking over this way!! No way Oxy keeps more than 15% of APC workers and that is a stretch.

Not wishful thinking