1.0
Feb 10, 2016
Recommend
CEO approval
Business Outlook
Pros
Good when oil is expensive. Friendly people, safer operations compared to other companies in industry, good pay and benefits.
Cons
Terrible when oil is cheap. You hear about layoffs every day, ten times a day, you barely hear about anything but layoffs. Layoffs in business unites, layoffs in corporate units. Layoffs in October, layoffs in April, more layoffs coming in the fall. The only question is when do they stop offering severance packages. The company is gradually getting rid of everything related to the actual oil business and becoming a financial institution managing risk and assets.