There was also 300 folks layed off during the first quarter, total employee count 15,600. The ship is sinking and the rats are going down with it. If oil persists at the current levels you can bet your bottom dollar there will be more layoffs then the fire sales will begin. You can not run a company at 74.76% debt to equity.
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Wow. COP is really inefficient if it has 15000 employees. XOM upstream headcount is under 17000 and has three times the production of COP
Young people still there. Be cautious. Once the older folks are wielded down, they will start looking at you for reductions.
Yep tomorrow will never come....Lower oil prices may stay longer than forever to return the appropriate profits to cop. Layoffs will continue and that's a fact jack.
No argument just facts! It's a statement.... sh-- head.
Way to go Ryan and your "ELT". Nice job.
I hate to disappoint Annie...sometimes tomorrow doesn't come...ask the thousands who were laid off
Posting 3 times does not make your argument more valid