Heard of folks being walked out at the research center earlier today. I guess positive financial results means layoffs. Negative results mean exercising the 5% rank and yank provision in the new performance system? Hopefully they give good packages if this is true…
84 replies (most recent on top)
Sorry B'ville, more coming.
In all seriousness, if you are there, you really should be looking to move and find another job in Tulsa or another city. Bartlesville will continue to just have a smaller and smaller presence of COP and PSX in the coming years. It has been eroding for the past 20 years and neither company wants to remain there but feels pressure from the state.
If you are in the research area, you should find something immediately. Multiple rounds of layoffs, scaled back research, down to base business support...the writing is on the wall.
Layoffs also outside of the research area too.
I've heard there's literally no research taking place out there.
Can confirm. A coworker and I were just walked out.