Thread regarding Murphy Oil Corp. layoffs

Here come another round

Yep, was let go yesterday with many IT staffs

by
| 2160 views | | 1 reply (last )
Post ID: @OP+E6smFii

1 reply

The lower for longer price in oil has exposed past sins. The board divested the stronger performing assets ( Murphy USA & Refineries) a couple of years ago and has left the typically strong E & P Division exposed to commodity volatility. Didn't we learn during the housing crisis what goes up can also come down? Great job Claiborne Deming! Your bad decisions put good people out of work. Maybe MUR needs a new Board? New multi-million dollar building in El Dorado, exorbitant spending on a new location in Houston and why do they continue to spend money on El Dorado while the industry is in Houston. Wasting money with a sentimental tie to EL Dorado. Vote for a new Board please!

by
|
Post ID: @5Rko+E6smFii

Post a reply

: