Thread regarding Phillips 66 layoffs

We all understand what the ELT is saying about Business Transformation. We just don't buy into that BT is necessary or that it will make P66 great and a great place to work.

Folks, you don’t get it. We don’t deserve to exist if we can’t beat that synthetic portfolio 100% of the time. If we don’t, then investors can just replicate what we do by investing in our competitors. It really is not a hard concept.

Let’s start a go fund me for the golden parachute. Bring the Go-away!

I had just started my career at the time of the corporate raids. I was like almost everybody else in that I fully supported our efforts to remain independent. Of course in those days, management didn’t go around laying off people in very good economic times. Today I would jump at the chance to sell my stock at a premium.

Is it the mark of Mark or Mackenzie?

I only saw the second half of the town hall - enough to see survey results and the Bring the Go ad. So glad we could save so much money to make such a lame corporate propaganda video for the prospective employees we’re not hiring.

I visited the P66 museum in Bartlesville on the same day as the town hall. Anybody confused by the “The future of the company is not positive “ feedback needs to visit the museum for perspective on what P66 USED to be.

Anybody willing to picket to stave off a corporate buy-out? Any internal initiatives to make 100% of employees stock owners?

Whatever the golden parachute cost, it would be worth it to get rid of him.

Have you seen his golden parachute? It’s huge.

We have a choice here: We can believe what ELT is telling us about Business Transformation or we can believe what our lying eyes are telling us about BT.
I’m going to believe my lying eyes!

They won’t remove the current CEO because that would be facing up to the fact the BT is a failure and they made a mistake in appointing him.
They would rather destroy the company rather than admit to mistakes.