Thread regarding Occidental Petroleum Corp. layoffs

Well, this deal will k--l everyone's retention bonus LTIs/RSUs. With the increased debt and leverage plus dilution of shares, the stock price will take a huge hit. I wonder if it will encourage some of the more experienced folks to jump ship. If there is a reduction in head count, this will be a double whammy to anyone who gets laid off, since retention bonuses are usually paid out pro-rata as part of the severance package. I think this deal is bad for both employees and stock holders.