Rumors of additional layoffs coming due to the consolidation of El Dorado staff into the Houston office
Topics regarding layoffs at Murphy Oil Corp.
I only worked at Murphy for several years yet have seen 5 layoffs. They hire and fire at will. Avoid this company unless you have nowhere else to go
What did roger say about salaries today??
Layoffs in houston today, hopefully only one round until oil recovers, and this layoff round plus the canada and el dorado offices closure will be enough
Somebody asked in another thread and I was wondering a similar thing - will Murphy Oil be offering early retirement? I think this would be a great idea since many people would be happy to grab that opportunity and it could save the jobs of people... — read more
Heard that Tuesday and Wednesday of next week Houston based employees will be called to an individual meeting to discuss their employment future. Employees are "advised" to carry their personal belongings to this meeting I was hoping all layoffs... — read more
You can feel it. Get ready.
We need to start making some big changes soon or were in trouble! E&P is dragging the rest of the company down. We need to cut capital spending, cut overhead, and sell assets. I think you're right I think we're going to have a really big layoff in... — read more
Murphy is barely hanging in there and will need to trim the fat some more. Maybe contractors this time?
With all these layoffs and firings in the energy sector, how is the housing market in Houston? I remember the pain of the 1980's bust and things were pretty bad there and in Dallas.
To anyone who has worked there... Murphy is struggling really bad and is in survival mode. Not sure if they will be able to hang on. Another round of layoffs are coming after a joke of a bonus they will pay out. But i'm sure the executives and upper... — read more
The board divested the stronger performing assets ( Murphy USA & Refineries) a couple of years ago and has left the typically strong E & P Division exposed to commodity volatility. Didn't we learn during the housing crisis what goes up can also come... — read more
Yep, was let go yesterday with many IT staffs
Yes, Murphy Oil Corp swept into Houston and laid off employees. Funny how corporate in El Dorado is the money sappers, but they laid off employees in Houston. Asked manager point blank about layoffs on Monday was denied. Tuesday morning - I got laid... — read more
Do you think that the drop in prices may be causing layoff planning at the headquarters in El Dorado, Arkansas. Also, do you think the IT group might be affected. I recently started with Murphy and I am concerned for my job.
ging up, business is well, hope it stays that way and that bonus is good. no firings, no workforce reduction.