Thread regarding California Resources Corporation layoffs

New layoffs

9th round of layoffs. I’m starting to think the problem is Upper Management...

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Post ID: @OP+16xINDyl

10 replies (most recent on top)

Maybe it can be packaged back up with Oxy for sale.

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Post ID: @1hpzq+16xINDyl

CRC is done. It's been done for years. A technically inept company.

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Post ID: @5ipe+16xINDyl

The constant reorgs are atrocious. The last one, which absolved asset teams and dispersed everybody's responsibility, was so poorly planned and communicated that a whole 10 months later there is still confusion as to who is supposed to be doing what. Now, we have more layoffs. Guess how many Vice Presidents and upper management, the ones leading this company as it went belly up, got let go? If you guessed zero, you know how it works around here. It will be business as usual going forward at CRC. Remember, the goal isn't for the company to succeed, it's for the guys at the top to get paid.

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Post ID: @3dpp+16xINDyl

some high achievements on this management team
1) The CEO comes from Acquisition and Divestiture background. He allowed CRC to spin-off with such a high debt. I don't know why MS had to take a hit for that. This was 100% in the CEO's domain. He should have been held accountable.
2) The company goes through a restructure every 6 months. By the time someone has figured out who they are working with, management does a re-org. If you didn't get it right the first time, chances are you won't get it. It started off with North/South structure. Then went to 1CRC structure. Then went go 5 different groups. Now its 3 groups with one named after a magic bird that rises from the ashes....as if that is a nice way to motivate the team working in those assets.."you work for a pile of (tr)ash". it's a mess.
3) Why did we need a Santa Clarita and a Chatsworth HQ? to reduce someones commute time?
4) If past performance is any indicator, I wouldn't be surprised if Post BK CRC is loaded again with a lot of debt. We'll have another re-org and a new team called Mickey Mouse will be formed.

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Post ID: @3sfv+16xINDyl

We need to have some folks that know process improvement and can reduce the inefficiency and bureaucracy of this place vs just headcount.

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Post ID: @3voa+16xINDyl

It was set up bad from the beginning. A bunch of West Point folks (who know nothing about running any business) + Oxy rejects from LA office (high salaries who refused to leave that high cost of living area) + inefficient and expensive contractors (because they are buddies with the Santa Clarita team) = high cost to operate. If HQ stayed in Bako we’d have saved a lot money and some jobs. If we had the management back in place from 2011 or 12 we would be be able to figure this c-ap out. VH and BB were the start of this mess and ran off the good ones and then the “militia” started running it from Santa Clarita refusing to do anything that made sense if someone with an Oxy background recommend it.

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Post ID: @3lvl+16xINDyl

Stupid decisions to move buildings in Long Beach. The upper management just waste precious $$ and that is a great example. A complete turn over of management is needed for them to come out of bankruptcy. Or they City and State should put the contracts back up for bid. Hopefully the residents of Long Beach know how much their contractor is wasting away on bad management.

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Post ID: @1vdn+16xINDyl

Upper management needs to be cut in half. They get rid of small people and kept big tickets on the payroll.

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Post ID: @1zgy+16xINDyl

Clay didn’t cook them books well enough!

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Post ID: @1nmn+16xINDyl

Welcome to CRC, the Constant Reorg Company. Where the only way management knows how to create bottom line value is to lay off staff and reduce head-count.

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Post ID: @1yxk+16xINDyl

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