Thread regarding Whiting Petroleum Corp. layoffs

Opinions from other current employees?

I survived the last RIF after only being here for two years. I've never experienced anything like this. The company has been in constant disarray since the day I hired on. For all the talk about "culture" and "values" since I got hired on, they sure don't seem to practice what they preach. s-xual misconduct, cronyism, blatant misconduct by the board when they pay their friends off... where does it end? I'd leave, but there's nowhere to go. Every meeting I sit in with the other directors is just a competition to see who can kiss the most arse. It's gross, but it's the culture. I've got the golden handcuffs and I've got a family to take care of. Is this just me?

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Post ID: @OP+1931S5DQ

8 replies (most recent on top)

The best part of the joke is that our management is so delusional that they still think we will be the 'consolidator'. Think again. We have no leverage. There is nothing to differentiate us from other small-caps (remember when we were a mid-cap?) other than a history of scandal and mismanagement. We still can't generate decent FCF even after bankruptcy. With all of our 'leaders', you'd think we'd be amazing at what we do. Nope. This is nothing more than a good ol' boys network that will be fleeced for the benefit of the guys on top. It's rather embarrassing to still be here. There are some good people left, but they've all joined the cult. Someone will take over the assets and trim the fat. It's the only way the assets will be profitable.

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Post ID: @3hhs+1931S5DQ

Obviously someone doesn’t want responses because the brass will start cracking down on the management to stop this. Don’t look good with a company you are try to unload. This much turmoil within the ranks isn’t good. Probably going to be calling a meeting, a let’s get together and encourage each other things are going to be fine lol. If you are unhappy then leave we don’t need this disruptive behavior now. Everyone will sit there looking straight ahead no one will at anything. Ok let’s get back out there. Meanwhile there’s 20 people that got flown in from Denver. What a joke this place is , more damn management, supervisor cop coo cfo cap blah blah than any company ever had.can’t wait tell we are taken over by a real company.

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Post ID: @2fcz+1931S5DQ

I probably don't have much room to talk, but are you guys really so bored that this thread is all the sudden blowing up? Get over it.

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Post ID: @1rzv+1931S5DQ

Anybody else find it odd that the VP of HR was one of Holly's boys and had no experience in HR. I'm pretty sure he was a geologist. It should be no surprise that not single Anadarko person was let go. This is beyond just being a good ol' boys club. It's gotta be almost illegal. Pretty dang f'd up in my opinion. Has anyone looked into this?

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Post ID: @vkr+1931S5DQ

If you want job stability, the petroleum industry is the last place you want to be. It's always boom bust, and during the bust people who maid buttloads of money by working for themselves get things like law school, accounting, and nursing degrees after an extended vacation. If you've been around long enough, this probably isn't even the fifth time you've seen market conditions like this.

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Post ID: @bcr+1931S5DQ

Nope you sit there like a bobble head doll like everyone else does, because everyone is scared to speak up. And for good reason, you need the job and it’s all you have for now, no matter how sh–ty you feel inside. It s—s when you see the way things are done to others and how you see what they do, lie and whatever to keep things going. No ethics at all. How are you supposed to take any pride in that. So don’t feel bad. I was one of the many who got axed and I had pride in the whiting name , gave 100%, look what it got me and all the others.

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Post ID: @lnl+1931S5DQ

I'm also a current employee, but I've been there for almost 9 years. Some of the sh– on here is pretty hateful, but some is accurate. This post from a previous thread says everything you need to know about the current culture:

I was Holly's right hand man and it served me well. I knew I could work my way up in this company if I s—ed up to the right people. My resume doesn't justify it, but I've now held two different director roles. I don't really care who lost their jobs. It worked out great for me. I built my resume at your expense. If you lost your job, you just weren't smart enough to see how this company works. Use corporate buzz words that dazzle management. Bow to your leaders. Tell Shane all of his ideas are great. Nod at everything Chip says in meetings. Boom. Promoted. I'm pulling over $300k and have no shame. This was the best career move I ever made.

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Post ID: @pcs+1931S5DQ

Not just you. I'm not a director, but I report to one. My boss has zero idea what he's doing, but he was one of the chosen ones. What's sad is that the only person capable of doing his job well was cut. He was a pretty good guy and was well liked, but he didn't play the game. A lot of us appreciated having someone that asked the hard questions and called people out, but it's what ultimately ended his time. The culture as it stands right now is a culture of fear. Keep you head down, don't rock the boat, and don't question anything. I have also only been here for a few years, but I agree. This place is f'd up big time. I've worked for bigger companies before coming here. All companies have their political junk, but this place takes the cake. I'm here for the paycheck. Most of the people I liked are gone. For now, I'll just play along, pretend to like my boss, and put in the minimum effort. I'm curious what others are experiencing. There are a few of us who were told about this site and have been reading the recent posts.

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Post ID: @lsp+1931S5DQ

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