Thread regarding California Resources Corporation layoffs

50-60 employees laid off

Another "voluntary early retirement" followed by a re-org with around 50-60 employees let go.

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Post ID: @OP+11mde8fz

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I'd like to submit a request for Todd to get laid off, too.

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Post ID: @1Rdqz+11mde8fz

crc and aera produce about the same. Crc produces a little bit more. Management is going to keep laying off until crc is close to aera’s staffing level. So there is probably another 200 more people to let go...

Oil price is not going to go up to the level needed to save CRC. Not much crc can do about it.

Separate topic: Why didn’t any of the executives speak at the Kern County Board of supervisors meeting? Pretty much everyone sent their ceo or GM.

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Post ID: @1Jcuw+11mde8fz

I think it’s only the first wave. Spending freeze across the board

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Post ID: @1lmi+11mde8fz

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