Thread regarding Anadarko Petroleum Corp. layoffs

You CANNOT

Continue to dangle VSP or any other integration information for that matter by overpromising and underdelivering and here’s why:

  1. You now have everyone who qualifies and has decided to take VSP doing the bare minimum with an expectation of being gone and leaving the “survivors” to clean up the mess.
  2. Not only do you have the people who qualify doing the bare minimum, you also have the people who hope to receive CoC (either through Good Reason or involuntary lay-offs) doing the bare minimum as they await their fate after VSP is complete.
  3. Not to mention, you also have the people who hope to keep a job in that same boat because they are under the impression that there will likely be shifts and they will not continue in their role.

Legacy APC is running on fumes so find a way to fill up our tanks or find yourself stranded.

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Post ID: @10DUWUTK

8 replies (most recent on top)

Retention bonus...ha dream on! Complain all you want about Oxy being a bunch of rubes but who bought who? Be greatful for whatever they end up giving you and move on.

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Post ID: @10DUWUTK-2byc

@2qwk - Um, you may want to retake your finance class. Anadarko never had anywhere near $40B in debt (not even half that). The $40B figure you’re referring to is the amount of debt Oxy has assumed in order to overpay for Anadarko. But I’m very thankful for Oxy’s mismanagement, because Oxy will soon be writing me a nice VSP check to ride off into the sunset. So long!

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Post ID: @10DUWUTK-2ouf

APC was 40b in debt due to bad management so wake up and quit complaining. You all know that people will be the first to be cut. Take your money if you can right now and move on.

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Post ID: @10DUWUTK-2qwk

Why are you surprised? I see a consistent pattern.

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Post ID: @10DUWUTK-2vfm

Hold my beer. Dangles VSP

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Post ID: @10DUWUTK-1yzb

They really have no idea what they are doing. They've never made a purchase like this before and their business practices are about 20 years behind APC. The only thing they realize is they have to cut costs because they bought something they can't afford. They are relying on consultants bc they don't know what to do and the consultants will cash bleed them even more. They can't get their heads around the complex nature of even the different HR plans .... just imagine the rest of it. No communication after they couldn't deliver on the first dates of roll outs. Two things we can count on: panic sales of assets and a mess of an organizational structure/function.

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Post ID: @10DUWUTK-1fwt

Happy to offer, just need you to sign this paper waiving your COC.

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Post ID: @10DUWUTK-lgj

Retention bonuses would be a good start.

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Post ID: @10DUWUTK-iaa

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