Thread regarding California Resources Corporation layoffs

2021 layoffs - Long Beach?

I saw the article in the Bakersfield Californian about the 60 new layoffs (Feb. 2021 - link below) - of course heavy on the technical staff who do the actual work smfh. I heard Long Beach also had layoffs - any idea how many or what roles?

https://www.bakersfield.com/news/crc-lays-off-50-bakersfield-engineers-scientists-support-staff-amid-post-bankruptcy-restructuring/article_e8174096-7620-11eb-8b8f-874432ec9841.html

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Around 7. Same. petro tech heavy.

I think 1 VP for the company. What about in Corporate? any impact?

I am hoping the increased oil price will help prevent any more cuts. I need a break.

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