Thread regarding Apache Corp. layoffs

When did it happen?

When did this company go from a great place to work to a place most of the employees are looking to leave, one way or another? Asking for a friend.

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Post ID: @OP+18Vtcr1T

6 replies (most recent on top)

I think it started with SF, former CEO. Replaced by JC that had no clue how to be CEO and copied SF strategy, aka listen to con man SK.

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Post ID: @4sdj+18Vtcr1T

Things like hiring an external 36 year old VP who is probably the most incompetent and inexperienced clown I've ever met stands out to me.

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Post ID: @2iop+18Vtcr1T

Shortly after the company changed strategy from munching on the leftovers of the majors to acquiring greenfields and trying to grow through the drillbit and just drill, drill, drill.

The previous CEO’s ego got the better of him and started the downward trend.

The current CEO (who failed to stand up to the former one when he was Permian VP and so helped accelerate the downward spiral with the excessive drilling and lack of focus on profitability) isn’t fit to run a hot dog stand and is surrounded by yes-men buddies and enablers.

Apache likes to say that it fosters contrarianism, yet it hops on every bandwagon that passes by. The only contrarian thing Apache does well is fail to earn any money.

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Post ID: @1psw+18Vtcr1T

IT is too big. Look at the groups and positions that don't actually support real program the company needs. Do we really need a group for strategy and multiple floors of people to run the basics?

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Post ID: @1iuu+18Vtcr1T

When we got a new CEO who employs his friends and family instead of the right people for the job.
Look at nearly every waste of a department (Land, HSSE, HR, Planning, IT, Procurement), a mess because he was unable to make the right decisions.

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Post ID: @1usl+18Vtcr1T

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