Topics regarding layoffs at California Resources Corporation

Topics regarding layoffs at California Resources Corporation

Toxic culture

If it was easy to find out what the culture of a company is like before accepting a job offer, I probably would've never applied here. This is certainly the most toxic work environment I have ever worked in. Why is it so toxic here?

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Post ID:  @OP+1gOUSyIf

Who would have thought

CRC continues to wind down. To all the bigots who held fast on a sinking ship, stepping over others on your way to your moment of greatness. Well, here is your big moment. Sounds like the captain has abandoned ship. Who would have thought? Thank... —  read more 

2021 layoffs - Long Beach?

I saw the article in the Bakersfield Californian about the 60 new layoffs (Feb. 2021 - link below) - of course heavy on the technical staff who do the actual work smfh. I heard Long Beach also had layoffs - any idea how many or what... —  read more 

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Post ID:  @OP+19zW54B5

Is this true?

Found this buried in a thread. How true is this? I have a friend that used to work in HR and he said that HR is a joke. Rules only apply to everyone but them. They drink at lunch, provided their intern with educational reimbursement while denying... —  read more 

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Post ID:  @OP+19qzb32s

Job posting

Job requirements for a typical CRC manager: Overweight Entitled Narcissistic Undue Confidence Bigoted Petty Uninspiring Ability to watch others suffer without intervening a bonus Little to no ethical standards for self or others a... —  read more 

Wow! It's so fresh.

Fresh! New! Sporty! s-xy! Oh, no. That's just that t–d of the company, CRC, with some new wrapping paper. Fast forward to the Town Hall. "We're setting sail! Bring in the investors!" Fleece! Fleece! Fleece! (cue triumphant and inspiring... —  read more 

Bankruptcy Announced

Toxic org spun off from a toxic org...full of toxic attitudes and a toxic financial statement. Corp culture is trash. After a ch 11 reorg another round of "lunch meetings" am certain this will be a topic again in another 5... —  read more 

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Post ID:  @OP+160UvwTn

CRC Bankruptcy Expected?

Four candidates: Oil prices imploded earlier this year, which has decimated many oil stocks. Things have gotten so bad that several have already declared bankruptcy. That trend is likely to continue in the coming months. The list of at-risk... —  read more 

No Firesale Here

Shale production will decrease. Oil price will rise. We will do more JV. We will reduce debt and refinance the rest. Share price will recover. We are not do fire sale here.

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