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Houston..we have a problem....

7,345,523 Views | 28785 Replies | Last: 1 day ago by sts7049
SpreadsheetAg
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htxag09 said:

Wiggletrace said:

Can you share who the company is? I just accepted an offer from a company with the same schedule…

Lots of companies have that schedule….


I also have that schedule (M&F WFH; T-TH at office; 9/80)...
JJWAGGIE
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Same here… love it. We are small company so easy to manage but I couldn't go back to 5 days in office.
dahouse
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We have Mon/Fri home and Tue-Thu in office. Everyone loves it. I have projects so I'm in the field a bunch anyway but it's been great.

HR codified it in the company handbook so when we eventually sell to a new investor it's grandfathered in.
Cody
Fightin Texas Aggie c/o 04
idAg09
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htxag09 said:

Wiggletrace said:

Can you share who the company is? I just accepted an offer from a company with the same schedule…

Lots of companies have that schedule….


Traffic on 290 confirms this. Tuesday has been the worse day for traffic, followed by Wednesday
Comeby!
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The money does what the money wants
EnglishElhew07
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I don't think that HR writing it in the handbook will make any difference to who ever acquires you.
dahouse
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Ha! You're right, whoever has the gold makes the rules. I guess we'll burn that bridge down the road once we get big enough
Cody
Fightin Texas Aggie c/o 04
PeekingDuck
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EnglishElhew07 said:

I don't think that HR writing it in the handbook will make any difference to who ever acquires you.
What HR?
Ag CPA
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WTI down 6% and back below $70, probably due to Iran's energy infrastructure being spared. Seems like it has been awhile since we've had a move down like this.

ETA: Looks like has been two years per CNBC.
K_P
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EnglishElhew07 said:

I don't think that HR writing it in the handbook will make any difference to who ever acquires you.
A material change to work schedule could be the 2nd trigger on a change of control policy
Comeby!
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Only if you have an employment contract with that specific language in it.
TombstoneTex
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As someone who has had to work 5 days a week downtown since June of 2020 I'm praying everyone else gets to keep their hybrid schedules for the sake of my commute.
Bibendum 86
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Comeby! said:

Only if you have an employment contract with that specific language in it.
I just left a very large end user via a negotiated exit package. I was able to extract significant value by virtue of employer requiring me to be on the floor rather than remotely.

My situation isnt repeatable. My new boss hated my ass almost as much as I hated his and he moved first. Got an employment lawyer classmate to send over a nastygram via runner, a bit of slap fighting via letter before their outside counsel got involved. I piled up every possible grievance, including lack of reimbursement for fiber internet and inability to be able to buy reserved parking and ended up getting a really good multiple off the initial exit package. I'm not allowed to initiate discussion on any topic, let alone recruit, any of my team for 24 months and am banned from any public mention of former employers management or business strategy.

I started a job at the major bank making markets for my former employer on tye Monday after my garden leave lapsed. THAT was a very good day.
Cyp0111
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We go at it but good for you. That's awesome
Dreigh
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Ag CPA said:

WTI down 6% and back below $70, probably due to Iran's energy infrastructure being spared. Seems like it has been awhile since we've had a move down like this.

ETA: Looks like has been two years per CNBC.


So much FUD influencing volatility of oil. I hope having the election behind, whatever the result, is one less variable to amplify the chop.
Bibendum 86
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Cyp0111 said:

We go at it but good for you. That's awesome
very nice of you to say so. Pesek is still a buffoon, though.
PeekingDuck
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Hearing some chatter at Chevron about schedules and reductions... don't work there, just noise.
nosoupforyou
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TRP and Diamondback swap assets - congrats to TRP on the sale
Aggie71013
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Announced $2-3 Billion in structural cost reductions by 2026 in their 3Q earnings call on Friday.

Transcript excerpt:

"These cost savings will largely come from optimizing the portfolio, leveraging technology to enhance productivity, and changing how and where work is performed,including the expanded use of Global Capability Centers."
Comeby!
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Aggie71013 said:

Announced $2-3 Billion in structural cost reductions by 2026 in their 3Q earnings call on Friday.

Transcript excerpt:

"These cost savings will largely come from optimizing the portfolio, leveraging technology to enhance productivity, and changing how and where work is performed,including the expanded use of Global Capability Centers."


What does this mean for real? Lol
Bibendum 86
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That means that there's a whole bunch of people in Bangalore about to get new polo shirts.
tamuags08
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Yea. Global capacity centers is basically translation to "India".
cena05
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Hilcorp?
Charlie Murphy
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Invest in India real estate while you can!
Welcome to the China Club

"Here's the pitch...POPPED it up! Oh man, that wouldn't be a home run in a phone booth."
-Harry Carey
bkag9824
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PeekingDuck said:

Hearing some chatter at Chevron about schedules and reductions... don't work there, just noise.


Nothing confirmed or made public but "the noise" is a healthy cut in personnel with a nice sprinkling of offshoring to the aforementioned India.
Caliber
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Can't say that looks good for Wood group...


TombstoneTex
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cena05 said:

Hilcorp?


EPD
htxag09
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My company just announced we have to be in the office Monday - Thursday.

Public E&P.

Seems the wave is coming.....at least we still get our remote Fridays.
donkeykick90
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htxag09 said:

My company just announced we have to be in the office Monday - Thursday.

Public E&P.

Seems the wave is coming.....at least we still get our remote Fridays.
Lame
Clear Eyes. Full Heart. Might Lose
El Chupacabra
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txaggie_08 said:

They are, starting 1/1, and also going through the organization to see where there are "inefficiencies" and where they can reduce workforce.
Bringing in McKinsey?
Ogre09
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Comeby!
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El Chupacabra said:

txaggie_08 said:

They are, starting 1/1, and also going through the organization to see where there are "inefficiencies" and where they can reduce workforce.
Bringing in McKinsey?


Or A&M
Sims
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Comeby! said:

El Chupacabra said:

txaggie_08 said:

They are, starting 1/1, and also going through the organization to see where there are "inefficiencies" and where they can reduce workforce.
Bringing in McKinsey?


Or A&M
Woods read again?
RABAg04
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COP MRO deal closed today
nosoupforyou
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https://www.conocophillips.com/news-media/story/conocophillips-completes-acquisition-of-marathon-oil-corporation/?utm_source=MRO&utm_medium=osocial

That was a 6 month ordeal for MRO/COP - it was announced May 29.

Soooo - what's the next domino to fall in the A&D world?
[IMG]http://i.imgur.com/oezgsPJs.jpg[/IMG]
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