Thread regarding Concho Resources Inc. layoffs

Midland Question

Visiting from the ExxonMobil (XTO) board. We’ve had our 20% cost of living adjustment cut and our savings plan match eliminated. We also don’t have an HMO option for insurance just an expensive high deductible out of network plan. Is the grass any greener on the Concho side? You certainly have a better office. We don’t even have a gym at our c-appy HH building. Should I be looking to jump ship once you start hiring again and join the Concho team?

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Post ID: @OP+18FnzKyP

3 replies (most recent on top)

The Concho team will be replaced by the Conocophillips team. Check this boards to see if it’s the kind of company you want to work for.

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Post ID: @endi+18FnzKyP

XOM is going through hard times, but they are a machine. Concho’s been a great company, but the acquisition of us by ConocoPhillips’s creates a lot of uncertainty. I’d stick where you are and wait out this downturn

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Post ID: @xab+18FnzKyP

Google Concho before you jump ship

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Post ID: @iuk+18FnzKyP

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