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Started By
Message
re: Conoco Phillips to reduce workforce by 20 to 25%
Posted on 9/3/25 at 2:55 pm to Jcorye1
Posted on 9/3/25 at 2:55 pm to Jcorye1
quote:Show your work:
CEOs overwhelmingly vote Dem
This study found that 58% of CEOs are Republican, 18% Democratic, with Republican CEOs leading larger companies.
LINK
This one claims that about 70% are Republicans, with Democrats making up roughly 20%.
LINK
And this one focused on actual donations found 57.7% consistently donated to Republicans, 18.6% to Democrats
LINK
I'd be interested in seeing where your numbers are from.
0
Posted on 9/3/25 at 3:08 pm to JohnnyKilroy
quote:
Did you ask for fees? If so, what did the court say as to why they didn't award them?
Almost everytime (3x). 2 were California and 1 was elsewhere. We counter sued and from what legal said it was dismissed (with or without prejudice whichever is the judge basically saying frick off). The other time we didn’t because we have found it pointless - getting that paperwork in order isn’t free and it seems like it isn’t something that works out.
Posted on 9/3/25 at 3:10 pm to JohnnyKilroy
I remember when the Poliboard defended the finance CEO bonuses in 2008 and 2009
Good times
Good times
Posted on 9/3/25 at 3:12 pm to HeLeakin
If you can lay off 25% of your workforce you have way too many employees
Posted on 9/3/25 at 3:16 pm to GREENHEAD22
quote:
AI and overseas tech/eng positions to India
It's less AI and more using AI as an excuse/cover for moving stuff to India or replacing citizens with H1B.
AI really stands for "Actually Indians."
Not coincidentally, India is proving to be one of the biggest users of AI. Shitty overseas workers that don't speak English well, feeding requests that they don't understand into an "AI" that often hallucinates and gives false info is going to work out swimmingly, I'm sure.
Posted on 9/3/25 at 3:27 pm to WavinWilly
great post Willy!
Posted on 9/3/25 at 3:34 pm to HeLeakin
Nothing is going overseas. Controllable cost up almost 20% since 2021 (per barrel metric). Not a good metric next to competitive peers. Company has demonstrated sustainable growth but the costs are climbing. All the majors are doing the same right now. Margins are tighter and given the fact that COP is not integrated it narrows the competition even more. Thanks to Jim Mulva (former CEO) they don't have the money press that is refining anymore.
This post was edited on 9/3/25 at 3:37 pm
Posted on 9/3/25 at 4:07 pm to Strannix
quote:
If you can lay off 25% of your workforce you have way too many employees
Streamlining after they acquired Marathon I'd imagine.
Posted on 9/3/25 at 4:16 pm to msap9020
quote:
Nothing is going overseas
You sure about that?
Posted on 9/3/25 at 4:22 pm to HeLeakin
Everyone is reducing their workforce. If your job can be done by a computer you should be worried.
Posted on 9/3/25 at 5:02 pm to Lakeboy7
quote:
Remember when Elon Musk said he would move it all if he couldnt have (unfettered) H!B labor?
And do you remember how this issue caused a rift between Musk and Trump?
Posted on 9/3/25 at 5:49 pm to kjp811
quote:
Streamlining after they acquired Marathon I'd imagine.
Marathon impacted only L48. Cuts are company wide and global
This post was edited on 9/4/25 at 7:09 am
Posted on 9/3/25 at 5:49 pm to notiger1997
quote:
You sure about that?
Yes
Posted on 9/3/25 at 5:51 pm to ragincajun03
HR does way more than that… make sure your benefits, insurance, 401k, etc. are in line every month, etc.
Accounting is usually a part of it as well.
Accounting is usually a part of it as well.
Posted on 9/3/25 at 5:51 pm to Mid Iowa Tiger
You can.
They can sue you for it, but they won’t win.
They can sue you for it, but they won’t win.
Posted on 9/3/25 at 5:52 pm to HeLeakin
The OT was just saying the economy is fine.
Posted on 9/3/25 at 7:38 pm to xBirdx
quote:
HR does way more than that… make sure your benefits, insurance, 401k, etc. are in line every month, etc.
I agree that they are a great resource when the insurance company is being a pain in the arse.
This post was edited on 9/3/25 at 7:39 pm
Posted on 9/3/25 at 7:48 pm to mmmmmbeeer
quote:
Sucks...not going to be fun for those folks in this job market.
The defense contractors are hiring at all levels. Just in South Arkansas, probably looking at adding up to 3-4000 over the next 2-3 years. Pay scale is climbing as they compete with each other for hires. May be some jobs opening up in the lithium sector but will be a bit.
Posted on 9/3/25 at 8:20 pm to ragincajun03
That… and simply making sure carriers are paid, transmission of info is correct, etc.
You’d be surprised how many times insurance is lapsed bc the file feed, etc didn’t come over in time, or there was an error.
That stuff doesn’t get caught, or fixed, without HR.
You’d be surprised how many times insurance is lapsed bc the file feed, etc didn’t come over in time, or there was an error.
That stuff doesn’t get caught, or fixed, without HR.
Posted on 9/3/25 at 8:28 pm to HeLeakin
frick em
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