Somebody noted that layoffs have already started yesterday, is this true? If it is, what is being hit? How come we haven't heard more about it?
Topics regarding layoffs at ConocoPhillips
Total is buying a 20% stake in an solar energy company. I heard that MF has COP looking into coal and ceiling fan companies. His Analysis will be completed in 2027.
If the shareholder vote is going to occur tomorrow then why wait another month to implement the changes that have most likely already been decided at this point? Lower 48 has been pretty tight lipped regarding information and no signs indicate... — read more
How nice it is to be bought! Here at Concho we are just counting our 2 year retention bonuses - $52MM to dust off my resume and start a job search. Thanks ConocoPhillips!!!
Today's IT buzzword is Evolve. It means that IT leadership will shrink here and grow there making it look like something new has emerged. But it's the same people sitting at the top and middle levels of the IT food chain shuffling themselves around... — read more
Any thoughts on the latest org chart released 1/7 ? Looks like two separate entities for L48.
Back this week, I’ve had a lot of vacation time to reflect on why we remain so messed up, and wonder why I’m dreading going back. So, a couple of things— First, we lack a proper peer review process, and/or a post-audit feedback methodology... — read more
Haven’t heard anything official from COP about being part of the huge layoff, but I received 4 letters from Texas Workforce Commission outlining my layoff...all in Christmas Eve! I didn’t receive these last time we had a WARN notice. Did I get a nice... — read more
How are you voting your stock? Would be interesting if COP employees could control the destiny of this vote.
COP might be the only company on the sheet that didn’t submit actual estimates for layoff numbers. Maybe the machine learning models aren’t quite done running yet. https://www.twc.texas.gov/files/news/warn-act-listings-2020.xlsx — read more
How many times would dead wood be cut if a company could cut wood?
Poor management, like the Unknown Unknowns guy, incompetent new hires, facebooking and PowerPoint stealing millennials, and exploration who had to look at the results of very small independents to find opportunities in COP Alaska's own backyard, How... — read more
I had an interview with Conoco some years ago. During the interviews with various groups I observed signs of competing and warring factions. Then in an interview with two technical folks who would be my peers if hired, one attacked me in such a way... — read more
One thing I find interesting here is the difference between the ConocoPhillips site vs the Concho one. The people from COP seem so much more bitter than Concho’s, surely for a reason. In the Concho page first you don’t see that many responses, which... — read more
Here’s an update on EOI (since our transparent communication process is not working): (1) ELT caught off guard by the number of folks who requested EOI. 60% greater than what they’d “hoped” for. Will require a lot of work on how to respond... — read more
Any details from today’s town halls?
The Concho purchase is financed partially with money stolen from employees. If times were truly so bad that 401-K deposit commitments can't be met, pay raises stolen back after being given, and VCIP is up in the air, and yet we can buy companies. — read more
Why is ConocoPhillips paying $58 and hour to contracting companies to provide skilled workers, when the workers are working for 50% less wages than permanent employees. Just pay these contractors their pay directly and get the contracting compaies... — read more
Yes, this time the warn is specifically for Houston, but how certain are we that there won't be another announcement next week or the week after that? I just think that people who are breathing a sigh of relief are doing so prematurely. This is far... — read more
Any clue on what departments will be hit hard?
Alrighty gang. So we got the warn letter. Which means layoffs after 60 days. We know it's only the houston location, per the letter. But does anyone know what percentage is COP targeting for this layoff?? 10%, 20% ?
Has anyone heard anything about a warmup round of layoffs before the end of 2020? Been hearing some talk of this.
This is a generic discussion thread to capture comments about potential ConocoPhillips Layoffs 2021? Any news or rumors?
Saw this filed on SEC.gov site yesterday The Integration Planning Team (IPT) remains hard at work to successfully bring Concho and ConocoPhillips together, while also addressing the ConocoPhillips-specific cost and capital savings workstreams. I... — read more
Oil industry layoffs across eastern Montana and western North Dakota now represent more than 20 percent of that sector's workforce in the region. The... — read more
What in the world is going on with clear COVID office spread being covered up and/or ignored by leadership? When does science and medics guidelines supersede chasing pennies on our stock price? Doesn’t seem too aboveboard that announcements of cases... — read more
Heard something is coming...any guesses?
20% to be cut in Houston office Monday the 16th.
Over the past few years I see less and less competent supervisors assigned to the teams. They have no deep knowledge of the subject, so they have very little idea what type of work takes a lot of effort and what does not. I was randomly rewarded... — read more
You are right, with Concho purchase comes a major reorganization and it’s time to cut Bartlesville loose. Bartlesville has outlived it’s usefulness and is remote from company activities. If we need a second corporate center we will have plenty of... — read more
After 40+ years in the industry it’s time to hang my hat. I’ve seen a lot of changes, a few of them okay, but most made me scratch my head and think “you stupid id–ts”. I’ve gotten too old for all this bureaucratic nonsense and other things I see... — read more
Is it just me, or has anyone left else noted in our online meetings that both our CEO and CFO added a lot of “poundage” since we’ve been shut down?