Ryan Lance said that layoffs will be done by the end of April 2015 Ryan Lance told employees this morning during his annual VCIP town hall that reduction of ConocoPhillips' direct workforce by 10% will begin soon and will be finished by April. He said that there would be no early retirement packages offered and that he "trusts his managers to know who the good performers are". He said that the cuts would be fair and transparent and that the severance package that is on the books would apply.
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Old news as the profit sharing town hall was over one month ago.
Good luck!