Thread regarding Hess Corp. layoffs

Hess in a hostile and caustic work environment

Hess in a hostile and caustic work environment. Surprised they have not been hit with a lawsuit for s-xual harassment and hostile work environment. Recently sold the last asset that would keep them going and they having been bleeding red for a very long time. All pension employees that were not laid off were converted to a 401K plan and all information indicates that the company will be sold in 2020 if not sooner. With all the layoffs they are subleasing their office space. Morale is very low and many folks that were not laid off are leaving since workload is unmanageable.

Bumped from @EJT1TZf-enzbs for being on point.

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Post ID: @T8HUlvo

3 replies (most recent on top)

T8HUlvo-5psf

Oil Prices are up and most companies reported strong earnings in Q2-2018 - HESS reported a net loss.

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Post ID: @T8HUlvo-1yqpo

@T8HUlvo-5psf - If your team morale is excellent, then why are you at this website?

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Post ID: @T8HUlvo-jtln

You shouldn't apply the dynamics of one team to the entire company. I'm sure there are hostile teams present in one or two assets in the company..... as there is with almost any other company in the world. Saying Hess is a hostile and caustic work environment is a blanket statement that couldn't be further from the truth. You say Hess has "recently sold the last asset that would keep them going"... what asset was that exactly? Hess' two strongest assets (Bakken and Guyana) have them more than covered for both the short and long-terms. As for Hess bleeding red for a very long time.... have you seen oil prices for the last couple of years? Almost all companies were hurting and are just starting to recover. As for Morale, maybe you have a different experience than mine, but our team morale is excellent and we all look forward to a very rewarding future.

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Post ID: @T8HUlvo-5psf

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