Location: Permian Basin, Texas, USA.
Based on news reporting.
ConocoPhillips has announced layoffs affecting approximately 200 employees in its Permian Basin operations. This decision comes as the company adjusts its workforce in response to changing market conditions and operational needs. The layoffs are part of a broader strategy to streamline operations and enhance efficiency in the region. The company has emphasized its commitment to maintaining a strong presence in the Permian Basin despite these cuts. The layoffs are expected to take effect immediately, impacting various roles within the organization.
ConocoPhillips cut 200 jobs as of October 1, 2023.
That is roughly 1.9% of the 10,300 people ConocoPhillips employs.
LayoffTalk has tracked 19 layoff events at ConocoPhillips since October 2023, affecting a combined 6,700 employees.
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