Thread regarding Apache Corp. layoffs

Bonus next year

They are already telling us that the bonus next year will be lower because of production targets, but Apa finally is having record profits. Explain that.

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Post ID: @OP+1iIDV1qH

9 replies (most recent on top)

Some producers gave out extra bonuses or paid employee insurance. So expect the opposite from Apa

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Post ID: @Fpct+1iIDV1qH

MRO took away their stock so big deal

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Post ID: @5ley+1iIDV1qH

Marathon Energy: $10K cash bonus to every employee PLUS the med insurance premium is paid by the co for all employs until 12/2023. Its a fact:- Jack

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Post ID: @1kdr+1iIDV1qH

Lower bonuses doesn't apply to everyone especially most of us in IT.

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Post ID: @1cyd+1iIDV1qH

Yep JC bragged that production was no longer an IC target. Is that any way to run an energy company? I bet they didn’t consider supply chain delays in the drilling and fracking plans. Id--ts. It’s the real world not a spreadsheet.

I’m sure the 14th floor has different targets that will be easily achieved. The few, the bloated, the overpaid.

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Post ID: @fjs+1iIDV1qH

I thought we didn’t use production for metrics any longer ?!

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Post ID: @flc+1iIDV1qH

Blame planning for overpromising on production and performance, despite the recommendations of the asset teams…

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Post ID: @aeq+1iIDV1qH

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