Any insight in this? All the midstream VPs brought in are now gone. What did they know??? Selling Altus????
Topics regarding layoffs at Apache Corp.
So many rumors here, so little facts. Facts, people!
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
Apache will soon announce its name change to “Hibachi Corporation”; please stay tuned.
Anyone has more info here on Apache corporation rumors of buyout 2019
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
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?
Of History will be....
Locker room talk
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
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
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.
Hope we have enough folks to work this thing.
Crazy how quietly they do things here.....
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
Just heard that layoffs were going on at Apache right now (09 March). Not sure of the size, but heard it was big.
Just found out Apache sell to XTO hopefully this help the employees also why would Apache sell everything ??? Including the PERMIAN BASIN??!!!
They are happening right now. Good luck to all...
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.
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?
They fixing to lay off a 8% starting this month and next month also everybody is getting a pay cut 20%
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
Layoffs at the Midland office today. Good luck to all affected.
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
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
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.
I was trying to see why literally no one with Apache is talking about our recent layoffs (closing Tulsa, 5% back in January, etc.) and whether anyone knows about any upcoming ones. I've heard rumors circulating about an additional 5%-10% staff... — read more
What do you guys think about this who will b next San Antonio or midland ???
Was a vow of secrecy made in exchange for severance? Updates? Anyone?
CEO did a meeting today and Tulsa office is closing. A lot of people are let go. Remaining will be melt into Houston office, San Antonio is next. Everybody is on payroll until August 1st. Severance is depending on service and salary. Minimum is... — read more
I been hear a lot rumors about apache been sold by the end of the year but who would bought it ?
I heartaht are going to have more lay offs? And also they going to change the schedule of 10-4 to 7-2 and 8-4 ????
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