Can Anyone in management please explain this? Sounds like cost savings and outsourcing to me

For any given assignment or project there are 4 ways of doing things: The right thing the right way The right thing the wrong way The wrong thing the right way The wrong thing the wrong way BT in its entirety is item #4.

Throughout the company BT has caused many problems, bitterness, heartbreak, employee morale to be lower than rock bottom and in general caused many problems while doing absolutely nothing productive for the company. Nowhere is this more apparent... — read more 

The R&D programs failed and are no more. The programs being touted as research today would barely have qualified as projects in the past. The pipeline of new projects seems to be empty. The supposed to be value in savings to the company seem to based... — read more 

GoGo says that there will be a tight market for gasoline and diesel in 2025 making for good profits. And maybe there will be, but he also has said that BT is a good thing for the company and look how badly that has worked out. We’ll just have to... — read more 

I see some employees with LDZX after their name

It’s early but it looks like the new L and D regime is no better than the old L and D regime.

After yesterday's news, I believe the DCP takeover of the P66 Midstream business is complete. Almost every manager is former DCP, except the ones that were demoted or moved to other businesses. I guess this is a good thing?

I guess just being paranoid but isn't those "forced retired" takes effect sept 1. So those getting laid off (not retire eligible) can be cut this week?

I haven’t seen any real transformation that will accomplish long term gains for the company… What I have seen: feel good title changes, early retirements disguised as layoffs (with a nice severance package), shady vender contracts, and whole slew of... — read more 

The Propel Fuels theft of trade secrets trial against P66 is supposed to kick off today. There are 3 ways this can go, none of them being particularly good for Phillips: Go to trial and win in which case the status quo is merely maintained. Go... — read more 

A new multi-year (and I’m sure multi millions$$) partnership with the Texans. Keep BT going with another round of layoffs.

BT changed our coffee from Colombian to something. Never seen a coffee that is tasteless and odorless as the new Parks coffee. My admin says, facilities are saving tons of $ and that employee can bring their own coffee. Who here su-ks enough to... — read more 

Ol’ Saucy just sold -$4,000,000 worth of P66 stock. If BT is so wonderful and the stock has so much upside, why would he sell now? Is a beautiful Spanish villa in his future?

The stated reason for BT was to bring our stock more in line with our 2 main peers. So far that hasn’t happened. Granted, PSX is a lot higher than pre BT, but that is just the overall market being higher and specifically the energy sector performing... — read more 

I guess it's over for now

Is it done?

Thoughts on the success of Phillips 66 rodeo renewed plant in CA? They state that everything seems to be going good online and running at full rates 50MBD... but something seems to tell me otherwise?! How long until we will know if this is going to... — read more 

We have plenty of fat that can be kicked out without anybody missing them. The only problem is that most of them are in management and we all know that's never going to happen. We'll keep losing good employees while the real fat will continue to do... — read more 

If that’s what they believe, that is. Maybe they just want more money for themselves? This company is rotten, and it’s the fish’s head that smells really bad. If there was a true intention to change things, they should start with themselves. Which is... — read more 

Common plan some businesses might use is initially move jobs out of sight "OVERSEAS" then step #2 is AI. Saves companies alot of severance package pay and possible "slip and fall workers comp. ' claims on a workers last day they work. Plan is saved... — read more 

HR is also reducing grade levels. This means lower bonuses and you'll be over midpoint. If you don't like it, you can take a severance package.

For now..

In the midst of these totally unnecessary and counterproductive round of layoffs P66 is posting these feel good stories on Facebook and LinkedIn about interns, Barbeque Cook Offs, and other foolishness. Do they think people are going to be fooled... — read more 

Maybe P66 does not see a WAR coming......zzzzzz. Better wake up.

I heard no layoffs if working at a refinery.

U.S. oil refiner Phillips 66 plans another round of job cuts to advance its strategic priorities and improve workforce efficiency, the company said on Tuesday. "Phillips 66 continues to look to ways to position our organization to help advance its... — read more 

Pls confirm the rumors if you can. If layoffs are happening, pls post who’s affected, how many peeps, and if any area is safe.

Welcome to Work Elimination! It's been a fun ride...

Watching the Astros last night, you can’t help but notice all the P66 Shields in the Diamond Seats. Has that spend resulted in one sale at the pump? Unlikely. Those seats are nothing but a luxury for the ELT, as are Gulstream 650 corporate jets and... — read more 

During the 2nd quarter earnings call it was stated that P66 had reduced the cost to run a barrel of crude oil by 83 cents per barrel. And maybe we did. However, one of the analysts asked the question how much of the savings was due to BT and how much... — read more 

Who did Borger get? If it’s who I think it is I’m real glad I’m completely out of Refining!!

If you are tired of the offshoring then contact your congress person. Only way anything will change is if you get involved politically. Only takes a few minutes and is worth a try. Go here to send an... — read more 

Any rumor about layoffs?

P66 is being sued by a company named Propel Fuels for $1,000,000,000over alleged Theft of Trade Secrets. The trial date is August 26th, 2024. This dates from 2022. Why are we,the employees and share holders only finding out about this now? For more... — read more 

You can do cuts, reorgs, fire and hire, but if you are thoroughly incompetent and your organization is deeply dysfunctional, none of the above will ever produce any results. This is not my first workplace, but boy, is it the worst! I regret ever... — read more 

So happy that P66 has taken the Task to get rid of people that do nothing but walk around, create problems, then pontificate how smart they are by solving the problem they created. This Task should have been taken care of long time ago. Putting... — read more 

Unless you all stand up as a group nothing will change. Keep asking the canned questions at the townhalls. Keep quiet and maybe they'll fire your coworker and not you. These businesses have been doing this for years. Then they convince us we are... — read more 

Interestingly, they are spending so much on WEP to cut jobs, yet the executives are still flying first class and corporate jets around the world. Half of the travel isn't even necessary, they want to be seen, and line up their next gig for when they... — read more