Thread regarding Phillips 66 layoffs

They Say

P66 says that petrochemicals are where the growth will be in future. And maybe it will be.
But P66 also said that BT was going to do magical things for the stock and make P66 an even better place to work.
Neither of those things have happened. They’ve just laid off a lot of good employees for no good reason.

| 1108 views | | 3 replies (last November 27)
Post ID: @OP+1p9DnytX

3 replies (most recent on top)

To the poster that says layoffs are helping: Let us know how you feel if you happen to get laid off.

Post ID: @Eova+1p9DnytX

Actually, the layoffs are helping and making us more competitive. Unfortunately we did not do it in 2020 when everyone else in our industry did it. And we have not gone deep enough…yet.

Also, chemicals are widely considered to be stronger long term than refining and midstream. We are not the only company betting on that.

Post ID: @Evyg+1p9DnytX

Ever notice that Mark doesn’t seem to realize he’s the CEO of Phillips 66 and not CPChem anymore?

Post ID: @7plt+1p9DnytX

Post a reply