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re: Conoco Phillips to reduce workforce by 20 to 25%
Posted on 9/4/25 at 7:58 am to msap9020
Posted on 9/4/25 at 7:58 am to msap9020
Well maybe for your company but for a fact I know BP, XOM, Shell are moving jobs overseas. And by the thousands.
BP single largest investment this year is the "technology center" in India.
XOM has been the leader in the move.
BP single largest investment this year is the "technology center" in India.
XOM has been the leader in the move.
1
Posted on 9/4/25 at 8:01 am to rob0710
quote:
The OT was just saying the economy is fine.
What does this mean? Individual companies go bankrupt during a booming economy all the time. Just because the economy is good doesn’t mean you can do anything you want
Posted on 9/4/25 at 8:04 am to WavinWilly
Yes I agree, the recent losses are due to India more so than AI.
However I think in the next 3-5yrs AI will also displace positions that work with data heavy activities. At least in O&G.
We have recently met with a couple US companies building out specialized AI programs that could make big impacts. In particular in the drilling and development planning areas on land where cookie cutter designs are utilized.
However I think in the next 3-5yrs AI will also displace positions that work with data heavy activities. At least in O&G.
We have recently met with a couple US companies building out specialized AI programs that could make big impacts. In particular in the drilling and development planning areas on land where cookie cutter designs are utilized.
Posted on 9/4/25 at 3:47 pm to GREENHEAD22
quote:
Well maybe for your company but for a fact I know BP, XOM, Shell are moving jobs overseas. And by the thousands.
BP single largest investment this year is the "technology center" in India.
XOM has been the leader in the move.
COP is not.....at least not now.
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