Wonder what the ratio of leadership to the minions will be with 3 rigs in Lwr 48...
5 replies (most recent on top)
In the army leadership means the following:
-
the commanding officer takes a hit along with everyone else
-
the lowest paid are not affected as they don't want to hurt families
-
there is a sliding scale of furlough with the highest paid taking the biggest hit
In ConocoPhillips we see
-
the CEO using stock bybacks to inflate EPS to increase his compensation
-
middle management getting bonuses and progression to eliminate employees
-
the most vulnerable employees being let go
The next round should start with Glenn Schaaf
No, No, NO?! Global wells and the Engineering Technology groups are the only thing keeping CoP alive! They should be rewarded with overseas expat assignments and raises to thank them. Just let the centralized groups run things and cut loose the BU parasites!
What leadership! COP leaders reminds me of the 1960's TV series called F Troop.
The next round of layoffs should start with Global Wells ...