Anadarko Petroleum Corp. Layoffs

Topics regarding layoffs at Anadarko Petroleum Corp.

COC

COC is confusing. I’ve heard 1yr and 3yrs. Which is it?

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Post ID: @10ExcJTt

You CANNOT

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 

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Post ID: @10DUWUTK

VSP Details soon

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 

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Post ID: @10BYMn7x

How long until they sell off WES?

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?

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Post ID: @10BuAnPQ

Traffic at APC reflects employee morale

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 

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Post ID: @10AD2GII

Anadarko knew how to do a takeover

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 

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Post ID: @10zIBB7e

Was excited to work with Anadarko folks....

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 

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Post ID: @10zqEDrV

PTO Pay Out & Bonus Multiplier

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 

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Post ID: @10zB0XM6

For those considering VSP, why would you not take it?

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 

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Post ID: @10yeoYCF

Straight answers

We can’t seem to get any straight answers from OXY HR people about the COC. Anadarko HR people are completely worthless. OXY HR people are saying we will get the COC package if laid-off within 12 months. It was our understanding that Anadarko... —  read more 

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Post ID: @10x4fyWR

We’re through the looking glass

Like most of you, I sat in quiet contemplation for months as the bidding war took place, choosing to trust in the logic of our would be suitors. But now that the dust is starting to settle, it’s clear to see that there is no logic, there is no... —  read more 

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Post ID: @10xapSaE

WES or OXY?

Anyone else confused on if APC midstream employees are going to be WES or OXY? Seems like they want to keep us OXY till the change of control is no longer viable. One integration meeting says your paycheck will say WES and the next says it's going to... —  read more 

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Post ID: @10w6o1yc

MZB : 3x bonus :: PMB : 25% Premium :: GOM : zilch

Now our over 40 experts watch their coworkers in other assets get their payday, while our under 40 high potentials ready to take the next steps get hamstrung along yet again taking a smaller piece of the pie. Thought the "brain drain" was going to be... —  read more 

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Post ID: @10wbuGV8

Anadarko Oxy VSP

VSP will be offered this week to 40 and over with 5 yrs of service and will look an awfully lot like CoC.

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Post ID: @10vk39vK

Any Oxy execs reading this should know...

It’s barely Monday and we’re already fed up with wondering whether today will be our last day. It’s draining. If you care about your people or morale at all, you need to get this ball rolling and fast.

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Post ID: @10vJeKxm

A Giant F'U to the Shareholders

While the acquisition passed with overwhelming support (99%) an overwhelming majority (71%) voted against the executive compensation proposal. Regardless, those greedy punks are collectively taking home $300 million for ruining a once great... —  read more 

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Post ID: @10sYOqvC

Farewell to Anadarko!

For its ups and its downs, Anadarko was a good company with lots of good people. Wishing you all the best in the days ahead!

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Post ID: @10rDjldT

Layoff Start Date?

Anyone have a guess what date layoffs will start after the immediate close tomorrow?

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Post ID: @10qhOsLo

How do you think the CoC protection will play out?

It looks like I missed some key points my first time around reading the CoC. From what I understand, if they change benefits or move your office more than 25 miles during the first 12 months, you can request CoC. From 12 - 36 months, you can... —  read more 

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Post ID: @10ouGHlA

Restricted Stock

Anyone have any clue how the converted cash portion of our restricted stock will be treated? The email Friday indicated that the converted Oxy restricted stock would follow the same terms and conditions as APCs (which I understand), but what about... —  read more 

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Post ID: @10oRzkaU

Oxy VSP vs APC CoC

Anybody else wish Oxy would hold off on offering a VSP to APC folks, until after job positions in the new organization are known ? Seems like it would be hard to make a financial decision of this magnitude without knowing what the income alternatives... —  read more 

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Post ID: @10ld5jEn

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