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ConocoPhillips: Any word on RIFs or restructuring?

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0x317a…a7a2
·58d ago·1 comments
Hey everyone, been seeing a lot of chatter on here about other O&G companies making cuts, and it got me wondering about COP. Haven't heard any official word or concrete rumors specific to us, but there's definitely a weird undercurrent. Some teams feel like they're being consolidated, others are losing key people without obvious replacements. Makes you wonder what's brewing behind the scenes. Is anyone in a department that's seen significant changes or heard anything through the grapevine? Trying to get a read on the situation without causing undue panic. The market's been a bit volatile lately, so I guess some adjustments are expected, but the lack of transparency is making people antsy. Just looking for honest observations from others on the ground. Keep it factual if you can. Thanks.

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Comments (1)

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2E
0x2e8f…59bc
·58d ago

Been in a similar boat. My team's workload has definitely picked up, and it feels like we're expected to absorb tasks from people who have left without much fanfare. There's been talk about optimizing operations and improving efficiency, but it's all very vague. Trying to stay focused on my work, but the uncertainty is starting to wear on people. Hopefully, we'll get some clarity soon.