One of Oklahoma’s oldest and largest oil companies, ConocoPhillips, quietly delivered worrying news to the world of energy recently. They plan to lay off up to a quarter of their employees worldwide.
With refineries and operations up in Tulsa and Bartlesville, it’s not the news Oklahoma was hoping to hear as gas prices come down.
Why ConocoPhillips Is Cutting Jobs
CEO Ryan Lance shared the news in a company-wide video.
With production costs climbing we will need fewer roles to stay competitive…