Thread regarding Apache Corp. layoffs

How bad will Tuesday be?

Is the bulk of layoffs happening tomorrow?

by
| 12202 views | | 37 replies (last ) | Reply
Post ID: @OP+1jmbq0pm5

37 replies (most recent on top)

If you bought bitcoin you’d be chillin right now. Buy bitcoin and chill later

by
| | Reply
Post ID: @j5+1jmbq0pm5

Are contractors/consultants going to be kept?

by
| | Reply
Post ID: @gz+1jmbq0pm5

Is layoffs happening today as well?

by
| | Reply
Post ID: @gp+1jmbq0pm5

more than 120 people were lost! Operations are today!

by
| | Reply
Post ID: @gn+1jmbq0pm5

One year from actual retirement and Apache decides to give me a full year severance and retirement insurance.
Not sure how that really adds up to savings for Apache but I’m not complaining.
I slept like a baby last night.

From the looks of it this was mostly a lot of long- term employees let go. If you have been at Apache over 15 years you were on the chopping block.
A LOT of knowledge and experience was let go.

by
| | Reply
Post ID: @gb+1jmbq0pm5

Praying for everyone weather laid off, or left behind its going to be rough. I think this is just the beginning. Unfortunately, Apache is not the only O&G with layoffs (Chevron had a big one last week), and this has become too often too routine for this entire industry.

by
| | Reply
Post ID: @g5+1jmbq0pm5

My heart goes out to all the brilliant and dedicated folks that have been impacted by this and the others to follow. Apache used to be a great company and a lot of us probably stuck around naively longer than they deserved us. It’s been a spiral of textbook bad decision making since AH.

by
| | Reply
Post ID: @ec+1jmbq0pm5

How good are the severance packages?

by
| | Reply
Post ID: @eb+1jmbq0pm5

Now that everyone has some time, go binge Peaky Blinders. It is on Netflix. You’re welcome yo!

by
| | Reply
Post ID: @dv+1jmbq0pm5

Lots of good people were let go today. Meanwhile the rest of us have to cover their work— not management.

by
| | Reply
Post ID: @dg+1jmbq0pm5

What a day! Cried on the way home.

by
| | Reply
Post ID: @df+1jmbq0pm5

Campaign model will save the North Sea and let’s keep decom in house…….
Let’s get rid of campaign and out source decom….. what a mess

by
| | Reply
Post ID: @de+1jmbq0pm5

Strategic planning? What’s that? Doesn’t look like we know what we’re doing from one week to the next, any other majors have robust planning and deliverables. Let’s keep paying those at the top grossly inflated packages whilst the rest suffer, good luck

by
| | Reply
Post ID: @dc+1jmbq0pm5

If this layoff routine and business plan keeps going on for much longer, all that will remain will be a few extremely overpaid executives with no employees or assets left to oversee.

by
| | Reply
Post ID: @db+1jmbq0pm5

Over 115 people so far and that's just by 3pm.
We still have at least 4 days more of this.

by
| | Reply
Post ID: @d8+1jmbq0pm5

That’s what’s infuriating.

The people being let go aren’t (by and large) responsible for strategic planning. They’re just doing their assigned task.

I left Apache and O&G all together because of this. I now consider the industry something for someone else to do.

by
| | Reply
Post ID: @d4+1jmbq0pm5

Pretty bad today. Unfortunately the people who need let go are still roaming the hallways.

by
| | Reply
Post ID: @d3+1jmbq0pm5

IT, marketing, BD, HSE, engineering were affected… sad day.

by
| | Reply
Post ID: @d1+1jmbq0pm5

Any updates on Houston office?

by
| | Reply
Post ID: @d0+1jmbq0pm5

Anyone know what day accounting layoffs are happening?

by
| | Reply
Post ID: @cz+1jmbq0pm5

Maybe Balloonga… gets bigger with each promotion

by
| | Reply
Post ID: @cb+1jmbq0pm5

Pretty deep layoff so far

by
| | Reply
Post ID: @c9+1jmbq0pm5

Heard they done 25ish so far

by
| | Reply
Post ID: @c8+1jmbq0pm5

Cairo meant to be Thursday

by
| | Reply
Post ID: @c7+1jmbq0pm5

Any technical people yet? How about Cairo?

by
| | Reply
Post ID: @c4+1jmbq0pm5

Facilities managers cut

by
| | Reply
Post ID: @c3+1jmbq0pm5

Currently on 12

by
| | Reply
Post ID: @c2+1jmbq0pm5

They’ve got HR people walking around grabbing people from their offices.

by
| | Reply
Post ID: @c1+1jmbq0pm5

How are they doing it? You get called for a meeting? Someone comes to your office?

by
| | Reply
Post ID: @bz+1jmbq0pm5

The whale species is actually spelled “Beluga,” but spelling it “Balooga” for that lumbering buffoon is perfect.

by
| | Reply
Post ID: @by+1jmbq0pm5

Sad day

by
| | Reply
Post ID: @bx+1jmbq0pm5

IT HAS BEGUN.

by
| | Reply
Post ID: @bw+1jmbq0pm5

The 3 guys on top do.not.care about people. SR talks about layoffs with a smirk, JC makes sorry face but just thinks about his own income, and the balooga actually enjoys it.

by
| | Reply
Post ID: @br+1jmbq0pm5

This doesn't feel very "with dignity and respect"

by
| | Reply
Post ID: @bq+1jmbq0pm5

Lots of HPD here today

by
| | Reply
Post ID: @bk+1jmbq0pm5

HR reserved 11 rooms on 2 from 7a-5p today, tomorrow, next Monday and Tuesday. So it’s going to be BAAAAD. 500 or so employees.

by
| | Reply
Post ID: @bj+1jmbq0pm5

Yes it going down in few hours.

by
| | Reply
Post ID: @bd+1jmbq0pm5

Post a reply

: