Apache Corp. Layoffs

Topics regarding layoffs at Apache Corp.

Layoffs in midland today and Permian next week

We having layoffs at midland office and also next week at Permian basin there having some programs going on away and pay cuts no bonuses and no more stocks so get tuned I hope there’s a buyout very soon this company is not the same anymore... —  read more 

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Post ID: @10lgvFCZ

Apache to change name!?

Apache will soon announce its name change to “Hibachi Corporation”; please stay tuned.

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Post ID: @10i8gop3

People leaving

Does anyone else realize how big of a problem this is? It happens nearly every week here in Houston (other regions too?), and the company seems more focused on supporting the Astros or changing its vision statement than addressing the underlying... —  read more 

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Post ID: @YXVQK5f

Midland Office

It appears that Apache is looking to fill a “high” number of technical positions in the Midland office. Anybody here work in that office? Is this just growing pains after the Yates acquisition?

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Post ID: @Uf8U9Mk

Rumors Rumors Rumors

There have been bunches of rumors about shakeups, layoffs, and changes coming to Apache soon......................... even here in San Antonio where we just moved in to new offices. Pay cheque cashed today at least. Has anybody else heard... —  read more 

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Post ID: @RLQQXj3

Baytown tx

I was at Baytown tx they laid off 30 one day then 30 the next day then 60 all they would tell us is we have so much work yea right now I can't even get my check this place is sorry will never work for them again it's all lies and b---s--- . You don't... —  read more 

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Post ID: @NARBls1

Apache stock fund discontinued.

Kind of sh--ty isn't it? Insurance prices have gone up, no raises, and now it's no longer prudent to offer company stock. Bet we don't get our bonus this next year.

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Post ID: @JlXnrvo

What a day!

So are the numbers high? I was looking at a job offer at the place and now I think I will set still. —  read more 

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Post ID: @HsugNdf

Survival strategy

I think Apache, Anadarko, Chesapeake, Whiting and Noble should merge as soon as possible. Call the new company Mammoth Oil and Gas. The new name alone would position the company in the 'Too big to fail' category. Government bailout likely.

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Post ID: @Fxfxq17

Investment Banker Talk

Was at a luncheon where bankers were speculating about corporate office employees needing to take 20% pay cuts. This year will be a bloodbath for layoffs because prices will remain low. Will 20% be enough?

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Post ID: @FxifLGz

We Just Heard That Too

Over at another O&G company, and we just heard that to present a better deal, Apache is laying off and will lay off heavily prior to Xmas. Wow. Sorry to all Apache employees affected. —  read more 

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Post ID: @ErD3pnx

Midland layoffs

Layoffs at the Midland office today. Good luck to all affected.

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Post ID: @ErhMWou

Hostile Take Over Of Apache

Apache Corp., the oil explorer worth more than $18 billion, has received an unsolicited takeover approach for a deal that would be the largest for an independent producer in the U.S. this year, according to people familiar with the matter. Apache... —  read more 

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Post ID: @Enwx6bR

Additional 5% reduction prior to EOY.

From what I've been hearing from multiple people is that another 5% of the global workforce (primarily Houston corporate) is on the table to be laid off prior to the end of the year. Whether it happens or not is mainly tied to stock price and how... —  read more 

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Post ID: @DKAJ9oz

End of year layoffs?

Has anybody heard about another round of layoffs after this quarter? Our stock price is still way down, and that seems to be the way they handle it.

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Post ID: @DGRmTIN

"No comment"

Was a vow of secrecy made in exchange for severance? Updates? Anyone?

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Post ID: @CoShk0G

Who would buy apache corp ?

I been hear a lot rumors about apache been sold by the end of the year but who would bought it ?

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Post ID: @BB6kahv

There is life outside of the Oil and Gas industry

Apache was the last O&G I ever worked for. I am glad I didn't go back a 3rd time when they called me. I told them "thanks, but I'll pass this time. Twice was one time too many." Getting out of the O&G business was the best thing I ever did. All the... —  read more 

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Post ID: @zzBc4ic

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