Thread regarding Anadarko Petroleum Corp. layoffs

Oxy just cut 2020 budget from $9 billion to $5 billion

Huge layoffs coming.......

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Post ID: @OP+11SZP3U7

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Oxy 3Q investor slides deck outlines $385MM saving in employee/contractor, as of 3Q 2019 $24MM realized. So as per APC 10K medium total compensation for the company is $187K, Oxy medium $127K, this works out to between 2000 to 3000 employee/contractors. Indeed more COC or VSP coming in 2020.

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Post ID: @4zqk+11SZP3U7

Oxy HR will be busy. They did get new ribbons for the typewriters but no more carbon paper since we went carbon neutral. Also someone has been making drinks from the mimiograph fluid which is being investigated by senior management.

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Post ID: @1elm+11SZP3U7

That is funny.

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Post ID: @1xzo+11SZP3U7

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