Thread regarding Apache Corp. layoffs

LTIP

This is just a speculation: do you think there is a chance that they will take LTIP? Someone mentioned the example of taking away LTIP for anyone below manager title and I sincerely hope that won't happen. I don’t believe it could happen.

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Post ID: @OP+1gz6zT3Y

6 replies (most recent on top)

Your corner office peeps are banking BIG, and laughing all the way as they step over you.

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Post ID: @cckt+1gz6zT3Y

Of course they will consider taking away LTIP for people below managers! What planet are you on? Or maybe just reducing the %’s. For years MM has thought that employees below manager level aren’t smart enough to know what to do with stock anyways! I heard someone in HR insinuate that earlier this year.

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Post ID: @bwwt+1gz6zT3Y

Just ask anyone over at MRO - they lost LTIP for anyone who isn’t a manager or above

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Post ID: @asuv+1gz6zT3Y

Not if they don't want to undo what raises attempted to accomplish.

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Post ID: @1irb+1gz6zT3Y

Managers and Director level have equity plans at 60% and higher of their $150k to $250k base pay. Let that sink in.

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Post ID: @dpw+1gz6zT3Y

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