Will Wes become a BU after the unsuccessful attempt to sell down? Does it still need a stand-alone type org?
Topics regarding layoffs at Anadarko Petroleum Corp.
Layoffs are coming. change my mind. Especially now that the AAET is gone, geologists are next.
One says it is a great opportunity and another says only the expendable employees would go over to there. Is it worth the risk? Will it be able to be viable and stand alone? Or just getting ready to sell so just gotta make it look good then here’s... — read more
Which do you think Oxy will sell? Oxy said they were keeping GOM, but lately the workers there have had their doubts.
I was offered a “promotion” with OXY but they couldn’t tell me my package details or what the pay range for my position would be. I genuinely wanted to stay but given the certainty of a 24 months severance or a promise with no hard numbers, the... — read more
Any idea how many have asked for VSP out of total eligible? What's your guess on employee target reduction number?
For those of us not eligible for VSP, this whole experience is an exercise of absurd proportions. Just like when a flight attendant asks for your attention before take off in order to explain how a life preserver will save you from your impending... — read more
Any indication that there will be another round with less service or less years of experience?
Usually by now?
The longer Oxy waits, the more toxic the work environment gets. Just get on with it already. Approve the VSP...
If anybody has already received their VSP or CoC yet please let us know how that process went. I dont know of anyone who has actually received their package yet.
Why is our 401k with fidelity untouchable still? Anyone have a clue as to when we will be able to rollover/withdrawal money? No one can give me an answer when I call HR or fidelity.
Here comes more layoff industry wide. Hold on to your severance: https://oilprice.com/Energy/Energy-General/US-Drillers-Reduce-Staff-And-Budgets-As-Oil-Prices-Stay-Low.html
Has anyone received any response or feedback from sending in the package? I have heard nothing about turn around time. Anyone else?
Am I the only one that was impressed today by how efficient the package process was ? Well done APC. Finally got something right in this process.
APC was a bottom feeder which got swallowed up by a bigger bottom feeder! To those who weasel their way into a stable gig at OXY good luck with your new lord and masters
All, let’s move posts over to the Oxy board. We are Oxy now and we need to get going on moving this ship in the right direction.
Things have beeb quiet this week on the board. Hopefully everyone is happy and reading the fine words in the VSP they are about to sign.
I was confused about all of the plan close-outs. Does anyone know what will happen to the non-401k portion of our PWA?
Did anyone got 401K contributions on paycheck?
So as much gripping there is on this site, is no one going to acknowledge that the VSP is very generous and the calculations for the bonus and PTO are beyond fair? I for one am really glad to get the package and move on. For all the fear that... — read more
Thank you for giving us the VSP details. I'm looking forward to signing the election form. We did have some wild rumors going around though.
Posts are being deleted, my ip is blocked. Careful...
Continue to dangle VSP or any other integration information for that matter by overpromising and underdelivering and here’s why: You now have everyone who qualifies and has decided to take VSP doing the bare minimum with an expectation of being... — read more
So much talk on VSP. I can understand it’s better to get the money then to not get the money, but people talk about it as it some kind of game changer in their lives. Maybe focusing our attention on getting out, finding another job, and moving on... — read more
Please Oxy just let me go already!!!!!!!!!!!!!! The longer you wait the more toxic the workplace becomes.
I know it’ll be sometime this week.
A few more days to go and we'll know how the Legacy Anadarko VSP will be structured. According to the HR meetings, it will be CoC. However, they didn't know about the 70 day rule and some other details. Another unknown is how they will handle the... — read more
All of the recent meetings have sent mixed signals about what they intend to to with WES. Could RAW be helping the group with a portion of his parachute money in hopes of another large payday after a WES sale?
Without the scientific help of the prestigious AAET tools and methods, a simple minded person with thick glasses may see that the traffic in APC's layoff board is couple of times heavier (including the responses gets higher) than the occidental... — read more
Has anyone known anyone who actually got the CoC? Seems like it's a farce and your going to get denied anyway
APC at least knew how to do a takeover. They came in and bumped everyone's pay 10% and said get to work and we did. Nobody was disgruntled and we took care of business. This OXY stuff just has everyone dusting off the Rolodex and calling old flings... — read more
As far as I can see, many people are posting on this board at this moment, but there is very little or no word about actual layoffs that could happen in the next week or two? Does anyone have any concrete info regarding the numbers, potential... — read more
but after seeing all the messages on this board I'm realizing a lot of Anadarko employees are just as greedy and selfish as their EC was. If you're GOM stop complaining that you are guaranteed jobs. If you wanted to leave anyways dont... — read more
I haven’t seen the VSP offer yet. There are rumors that the PTO pay out and 150% bonus multiplier won’t be included, which means it won’t be equivalent to COC. If that’s the case, $50k+ is too much to leave on the table. If that’s the case, then I’ll... — read more
75% of people at OXY offered the VSP, that means 25% said a couple of years salary was not enough to leave. As an APC employee weighing my options, why would you not take it? I would expect different reasons from different people. I’m just trying... — read more
Can anyone expand on this career move for the $98MM man?