Thread regarding Hess Corp. layoffs

Layoffs in Nov 2016?

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| 7893 views | | 12 replies (last March 5, 2017)
Post ID: @OP+Kcuhm90

12 replies (most recent on top)

Just don't name names, that's not allowed at this site. Can check their rules somewhere in the footer. Just sayin'

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Post ID: @1Xcwz+Kcuhm90

Bad news for you guys but it's just the start of the big pay offs over the next few months . I hope you all find employment soon.

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Post ID: @7nie+Kcuhm90

As a former Hess employee, it is clear they are continuing to protect the establishment. I know many of the employees being laid off, as usual the ones who have the company’s best interest at hart and not willing to compromise their integrity for personal gain are the ones being let go.

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Post ID: @5bcm+Kcuhm90

Old boys network stays intact. Still too many big boys with low work ethics and lots of opinions

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Post ID: @5bcx+Kcuhm90

I'm sorry to all those that lost their jobs. Been there. It s---s.

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Post ID: @4ypd+Kcuhm90

As per contractors, yes, there is a target date of 12/31/2016 for those that I have personally worked with. 2 Contractors were let go today, along with 7 employees in my dept. So employees, as well as contractors are being severed this week, however, Hess is only divulging the # of employees severed in the exit packet, which is 238. I have no idea how many contractors will be affected.

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Post ID: @4qlv+Kcuhm90

Not quite 12%, but 11.3% are being severed - 238 of 2101. All employees severed today were given a print out by title and age of employees retained vs. employees severed, as a means to divulge that there was no discrimination by age taking place. Lay offs by title are as follows: 2 Admin Asst, 2 Exec Admin Asst, 42 Advisors, 3 Analysts, 3 Asst General Counsel, 1 Coordinator, 1 Deputy Compliance Officer, 13 Directors, 7 Engineers, 1 Food Service Worker, 4 Geoscientists, 3 Global Technical Advisors, 23 Managers, 1 Mechanic, 1 Operator, 1 Sr. VP, 37 Specialists, 32 Sr. Advisors, 5 Sr. Analysts, 1 Sr. Assistant, 3 Sr. Associates, 1 Sr. Counselor, 9 Sr. Engineers, 4 Sr. Geoscientists, 1 Sr. Land Negotiator, 7 Sr. Managers, 1 Sr. Naval Architect, 2 Sr. Specialists, 4 Sr. Technicians, 4 Superintendents, 6 Supervisors, 3 Team Leads, 7 Technicians, and 3 VPs. I was one of the 37 Specialists severed today, I was topped out salary-wise at Grade 3. By looking at the ages let go, the vast majority were mid 40's - 60's. Specialist and Advisor titles were hit hardest.

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Post ID: @4tyq+Kcuhm90

The Bakken as well as all other regions will have their rounds of layoffs as well. You have to remember we are a global company with many assets. If upper management hasn't labeled your asset a cash cow or potential cash cow then it's a matter of time before it hits.

Production, EH&S, Supply Chain, Land, Legal, Operations, MR&I will all undoubtedly take hits.

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Post ID: @3dne+Kcuhm90

"I was one of the ones laid off today at Hess... they are cutting the highest paid per title across the board. A 12% reduction in workforce."

I'm sorry to hear about your layoff. It seems like the Bakken employees have yet to be affected, it seemed like a typical day in the office for us, although we did hear that some Houston personnel were let go. I do find it hard to believe that a 12% reduction is true.

There are quite a few low grade level employees like myself who are far from receiving a 6 figure salary so cutting the highest paid per title (when there are hundreds of titles/levels/grades) seems unrealistic. Why cut 4 employees making under $XX,XXX when you can cut their manager making more than all 4 employees combined?

I've heard that contractors are going to be basically done 12/31/16, can anyone else confirm?

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Post ID: @3gjt+Kcuhm90

I was one of the ones laid off today at Hess... they are cutting the highest paid per title across the board. A 12% reduction in workforce.

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Post ID: @3pkc+Kcuhm90

Any details? Hate to see anyone else go through lay-offs.

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Post ID: @3fku+Kcuhm90

It's happening today, Houston is being hit first.

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Post ID: @3njh+Kcuhm90

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