With oil prices picking up they may reduce layoffs from 30 % to 10%
14 replies (most recent on top)
Indeed, that's the latest news. It may be as low as 5% in addition to EOI counts.
Official information from the talking mouth on my butt. Fresh, minty breath too!
Official information from where?
Yes it's official Chevron reduces layoffs to 10%
Bloat, bloat on... :)
This is nut ‘n bolts oil & gas and blue collar all the way.
@bqr, Indeed, I couldn't agree more. You can do your part by not commenting at all.
slow moving boat. Decisions by committee take time.
It would really help if more intelligent people posted on here to raise the general IQ of contributors so that uninteresting subject-matter does not put people to sleep as quick as it does. Don’t readers want intellectually-stimulating debates rather than the usual verbal garbage.
They could easily roll back down or stay the same. Some frackers are talking about fracking again w oil prices in the mid-30’s. Plus future life styles will change. That seems to be Wirth’s concern given his new long term demand view (and Shell’s).
Everyone’s fate has already been decided. The company is only waiting on last details of plan to be finalized before the fat lady sings.
HahahahHahahahaha!
That’s speculation, and oil prices are hardly up. There in the low 30’s.
I wish it's true.