Would you rather a larger bonus or larger salary increase?
Where is this great resignation?
The job market is still hot, what gives? Are people just complacent?
Opinions on Q4 results
Just now I read the Q4 earnings call transcript: https://www.fool.com/earnings/call-transcripts/2022/01/26/hess-midstream-partners-lp-hesm-q4-2021-earnings-c/ Any thoughts on the results? What would be your question for leadership in this... — read more
So now requiring all employees to be vaccinated and boosted. Odd timing when we know the vaccine doesn’t work against omicron. Starbucks even dropped their mandatory. Is this just a way to reduce the workforce?
No need for layoffs
Attrition is bad enough that I believe we're safe from layoffs for quite a while.
Let's see what comes of it. I hear new items on return to work will be discussed.
Hostile work environment
Does anybody else feel like they're back in high school? That's what it's been starting to look like with all the cliques, manager's pets who can do no wrong, and overall backstabbing culture. It hasn't always been like this, so I'm not sure if this... — read more
When will there be more layoffs?
The end of the year is nearing, it'd be good to know if they're planning to make any more cuts any time soon.
Hess Cuts 10% of Workforce
So with the impending re-org and layoffs scheduled for next week what’s the word on the street?
Voluntary Severance Package
Voluntary severance package rolled out this week in ND. Only a matter of time before non-voluntary rolled out.
What a historic day today
It's sad as we know what's coming
Hess and Coronavirus Closing & Furloughs
How is Hess weathering the coronavirus storm. I left in 2015, and retired. Good luck.
So....any one interested in Hess
Watching the CVX APC deal go down; interested in hearing about whats the word on Hess
Director Level Salary
What is a Director Level Salary Range at hess? Thanks in advance.
Hess in a hostile and caustic work environment
Hess in a hostile and caustic work environment. Surprised they have not been hit with a lawsuit for s-xual harassment and hostile work environment. Recently sold the last asset that would keep them going and they having been bleeding red for a very... — read more
Will the The Woodlands, TX and Houston TX real estate market recover from the the Oil Industry downturn and continued layoffs that are occurring?
Throwing in the Towel?
So Hess is now doing a $1B stock buyback. Sounds like they have no good prospects to invest in so buying back stock is the best alternative. How long till a major takes a run at Hess for the Guyana prospect?
Incredible Shrinking Oil Producer?
Bloomberg Business Week is calling Hess "the incredible shrinking oil producer" in light of a new round of layoffs. When is the management of this company going to recognize that they can't make up for their ill-timed and ill-advised decisions of the... — read more
300 to be laid off?
This article says that 300 people will lose their jobs in this round of layoffs, which is significantly lower than the numbers we've been hearing lately. Any chance this guy is actually correct?... — read more
Has it started?
Anybody knows if the layoffs have started? Any Hess Houston employees here who can give us an update? I've been on the edge this whole week, and I'm not even in Houston. I can only imagine how people there are feeling right now as the week gets... — read more
Hess layoffs January 15 - 19 week
Currently about 2300 Employees hearing that reduction will be about 35% (780 people). Out of those people cut supposedly 80-85% will be Houston personnel. Reorganization starts on Tuesday! Found this info in an old thread, thought it belonged on top... — read more
Another Proxy Fight?
It's been reported that Elliott Management is getting geared up for another proxy fight with Hess with the intent of ousting the CEO. Elliott also wants a cut in dividend, increase share buyback, sell Malaysia assets, and possible sale of the... — read more
Lack of respect
Can people at Hess realize that a company is run by more than simply engineers and geologists? It's astounding how little respect you get here if you are in other departments. Do people really think that accounting and finance don't contribute to the... — read more
Employees are your backbone
I was treated awfully at Hess. There is no sense of loyalty or value as an employee there. People were promoted due to politics instead of expertise. Positions that could easily be filled in-house were done outside of the company devaluing its team... — read more
Hess can't last like this!
A company can't last that has people in lead positions that don't even understand how things work or know what their people even do! You also can't go from having parts you need to keep things running to being weeks out to get these parts to keep... — read more
Spiral is right!
Whoever said Hess Corp. was in a death spiral it appears they were right. It looks like we are headed below 13 billion market cap and maybe 10 by the end the year. I bet we have layoffs just to satisfy the stock holders that something is being done... — read more
Get ready for another round of layoffs!
Something has got to happen soon to stop our death spiral. I am afraid we are about to have another big layoff soon. Has anybody heard if management has a rabbit to pull out of the hat soon?
Has anybody noticed our stock price and market cap?
We aren't making it and Hess will either be bought or we will have to sell assets and layoff s bunch of people to cut overhead!
Will Stampede pay out?
Why are we still investing in capital intensive projects like deep water oil (Stampede)? Doesn't our management know that our industry has been changed forever by technology? Short term, low capital, projects in our own stable environment will be... — read more
Last Round of Layoffs
11.3% have been severed - 238 of 2101 All employees severed today were given a print out by title and age of employees retained vs. employees severed, as a means to divulge that there was no discrimination by age taking place. Lay offs by title are... — read more
The 2 GOM assets.
Tublar Bells is a catastrophic failure. Let's hope Stampeed is better.
Those given layoff dates in 2017 not given the full paperwork. No date in writing all verbal notification. Can't get good information out of the HR group regarding why the information is not available. Not cutting the top dogs but middle management... — read more
I heard rumours Hess will close Perth office. Is it true?
238 employees severed
11.3% are being severed - 238 of 2101. All employees severed today were given a print out by title and age of employees retained vs. employees severed, as a means to divulge that there was no discrimination by age taking place. Lay offs by title are... — read more
Stock value still dropping!
Here we go! We borrowed money and sold stock but we did not stop the precipitous fall! We need a change in strategy to survive!