Thread regarding Marathon Oil Corp. layoffs


Marathon Oil Layoffs 2015

As a family member of an employee that was part of the bloodbath I can tell you from the way my loved one was treated and the stories that have come out of Houston and the other assets it was indeed a "bloodbath". Many people have compared it to being booked into jail, that's how impersonal it all was. People were not able to collect their thoughts, they were escorted by security out of the building, and often times their own managers didn't even have the balls to due the firing (they let another manager do it). Many great people with exceptional performance ratings were let go while sub-par employees (including managers) were left in place. I also have disappointed to learn that many contractors were able to keep their jobs instead of Marathon's own employees. Seems a little unfair and ridiculous to me. Our family will be fine, and I'm sure that many of the cut employees with be fines as well. This has just been an eye-opening experience for me (as an outsider) and I have learned that Marathon is not a company that values employee loyalty. Beware of what you are getting into if you go to work for this company in the future.

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Just wondering if anyone else received the insulting retirement trophy? Not sure if this was another example of Marathon's incompetence or their last attempt to add insult to injury, but I was truly offended to receive the "Congratulations on your retirement . . . Wishing you many years of happiness" award, which arrived Fed Ex this week. Can't imagine what was spent on the postage, let alone the awards for people who did NOT RETIRE, but were the result of the vicious layoffs last February. Seriously, treat us like criminals, being escorted of Marathon property and then send this ridiculous award? (But thanks for the target practice)

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I'm enjoying my unemployment. Sitting at home with my feet propped up drawing a salary for doing absolutely nothing. Going to let Marathon pay for unemployment as long as I can. Oh well, time to get a nap.

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I was not laid off in this round, but was this time a year ago. I was lucky and knew mine was coming, I had time to interview with other positions in the company, even had a couple offers that my supervisor wouldn't let me take because he needed me around. As my drop dead date quickly approached I got another offer, that the deal was done, even HR told me it was done, the day before I get a call from that hiring manager that Lee Tillman thought that the move wasn't ok because of how many grade levels jump it was. Who cares if I was qualified or not. Too all of you laid off, know this, life is much better after Marathon. Get over the shock, get your unemployment you earned that money, and take every service they offer, if you get that package I did. Make them pay for everything you can. Keep your chin up and don't bad mouth Marathon till you have a new job, you never know who is listening and who they know.

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That is terrible, but if you pay it go and get every procedure covered by insurance done. In the end Marathon is still paying the bills because they are self-insured most likely. If you have to pay the $1,700.00 get your monies worth.

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Talking to other people in the industry (outside of MRO) about things that have come out since downloadbesttorrentblog.rus started. They are flabbergasted by the way people were treated, benefits being cut off immediately, and most especially the stock being taken away. According to most of them, most reputable companies would go ahead and vest the stocks that were owed to the employees that were laid off. Those employees did not voluntarily leave the company, they were forced out and should be owed what the company gifted to them as incentive to stay with the company. I liken it to a child giving another child a toy as a birthday present but then taking it away because he would benefit from it. As far as benefits go, other companies would let the laid off employees continue coverage until COBRA could begin. By cutting it off so quickly puts the employees and their families at a complete disadvantage if something catastrophic happened. Like others have said before, if you still work for MRO just do the bare minimum, don't volunteer for extra jobs, and kiss the right butts and you will have job security for life. RIDICULOUS!!

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$1700 a month? I'm sure glad Marathon is taking care of it's core asset, "employees". Maybe others will read and not be so apt to go above and beyond what they ask of them. Do your job, don't volunteer for anything, don't help others, and you'll be ok.

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Got our COBRA insurance packet today. $1700 a month for our family. Ludicrous!!

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I received my stuff. Dignity? What a laugh. Understand that the dark days are ahead for them. We are gone and are readjusting, they will have to do the same when more employees are out of work. Being without a paycheck is tough, temporarily, but the sooner we let go and move on, it will be much better. Many companies and opportunities in Houston. Always a better job, believe me. Insurance will return and your child will be insured again. Better days ahead. Forget Marathon as they have us. Pull your 401 and cash in, pay the taxes, and at least you can pay for the insurance. It's only a rough spot in the road for the moment.

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Agree with the last comment 76535 -- That's what I was going to say.... the problem isn't understanding what COBRA is, the problem is the gap between the last day of coverage and the time you even get the info to sign up for COBRA!! Basically, they put their employees in a situation where they'll have to pay for a month of COBRA when they weren't able to use it. I tried to have my prescriptions filled by Express Scripts as a self pay and then send it in after we got the COBRA info. I was no they couldn't do that....but I could have Walgreens or a another local pharmacy call them to have my scripts transferred to them and then I could pay full retail. Seriously?! The company should have had the information available on the last day or at least in the mail. A respectable company would have left coverage until the end of the next month to allow employees to sort out their coverage. To say it would be 4 weeks to get COBRA info, but cut off coverage 6 business days after downloadbesttorrentblog.ru was treating the employees--in the words of Mr. Tillman--"with dignity and respect". NOT!!! Nor was rescinding the stock awards they had been given as part of theiir compensation package. This layoff had nothing to streamlining work efforts or consolidating functions. It was, as someone said earlier in this chain, a layoff targeted at fhose over 50 and those within 2 years of vesting...thier job had absolutely nothing to do with being let go!!! BTW, has anyone seen their personal belongings yet?

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No one is arguing about what COBRA insurance is. The problem is paying the out of pocket expenses for the month without any type of insurance. Sure it will be retroactive but what are we supposed to do when you are not bringing in a paycheck for that month? Besides the insurance, the other thing that bothers me is the unvested stock that was taken away upon your termination of employment. We were given stock as an incentive to stay with the company and promised that on your last day of employment that you would get it all vested to you. What a crock!! Any reputable company would pay out what is owed to you. People counted on that for retirement purposes and now it is just gone.

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I found the below on the Web and it may help explain COBRA. Also, usually the benefit payment is due the first of each month. If you don't pay it by the first it goes to inactive state, and then will terminate at the end of the month if not paid. Make sure and pay your premiums a week or so in advance so they post by the first. Best way is direct pay through electronic means,

Article from Web:

People who have health insurance provided by a current employer, and are considering a job change to a new employer, can use COBRA insurance coverage as a means of retaining the same health coverage in the interim. Even people that are self-employed can make use of COBRA insurance. COBRA is an acronym for Consolidated Omnibus Budget Reconciliation Act; it recognizes the fact that employees have a right to maintain their current health insurance, as long as they are willing to pay the premiums.

Please note that in cases where the employer covers a portion of healthcare insurance costs, this amount will become the responsibility of the employee. This can result in significantly higher premiums, though the employee retains all of the benefits that they previously had.

COBRA is available for people up to 18 months after they leave employment. It is available for employees who leave a job of their own volition or are terminated for issues that are not related to gross misconduct. It can even be used by employees who have had their working hours reduced and who no longer qualify for company health insurance coverage. These people can invoke their right according to the COBRA initiative.

Sometimes an employee can become temporarily or permanently disabled, in these cases COBRA coverage benefits can continue for an additional 11 month period. This ensures that the person has 29 months of total coverage available through their previous healthcare plan before they must begin looking for new insurance options.

People that elect to take COBRA coverage after leaving an employer must make it a point to make the first premium payment on time, and to always make their payments on time. It is typical that the first premium payment is paid in full within 45 days following termination of employment. Failure to make this initial payment, or any of the payments that follow, could cause the policy to be terminated.

COBRA insurance is meant to be “gateway” coverage for employees in the midst of job changes. As an alternative to complete loss of insurance coverage during a “probationary” time, these folks can maintain their old insurance coverage until their new insurance benefits kick in. People who are venturing into self-employment can use COBRA as a cushion until they get things lined up so that they don’t have to bother with finding a new insurance provider until the feel that they are ready. Some companies allow policies to carry over for new employees or allow self-payment. Don’t be in a rush to drop your current healthcare coverage; talk with a representative so that you know what your options will be in the future.

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Here's a little perspective from the field. Like the Tower, many excellent employees with 25+ years experience were shown the door. Of the approx. 50 employees laid-off in the Eagle Ford asset, many of them were extremely skilled and highly valued. It was also an opportunity for MRO to eliminate a few "problem" employees.

Also of note, bonuses given to the laid-off were in the 3.5% to 4% area, while employees that were retained were more than twice that %.

I will go into the problems associated with HR and their handling of the lay-offs and the ineptitude of middle management in San Antonio and the field offices in a later post.

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Again in July? Haven't heard that one yet. I think they are getting set to sell the company. Eliminate positions, get the bottom line operating in the black, and then it's history. Golden parachutes for the elite and leftovers for the dedicated workers. Sad.

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Definitely not the company we came to work for. There was absolutely not dignity in what HR did and how the process was handled. Employees with 25-35 years of dedicated service were wallked out the door like criminals. Marathon used to b e a company that cared about employees and had a real value system. Now that the company has a CEO from XOM and HR VP from a service company, those days are gone. I would never recommend this company as a consideration for employement to anyone. Wait until you see the mass exodus this July 1. It will be difficult to keep the train on the tracks.

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It is sickening. I have found out that the harder you work, the smarter you are, the more you follow the rules, the more dedicated, the more of a true company employee, the faster you go out the door.

In the future, act dumb, do little, suck up to the boss, be their "friend", laugh at their stupid jokes, and you will be a "team" player. Sad to say. We have an ill person in our family too, so time will tell we I'm able to get a new job.

Marathon benefits were excellent, if only the managers were 1/10th of that it would have been a good company.

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Tillman sent out a letter saying employees would be treated with dignity and respect--couldn't have been further from the truth! Ending benefits so abruptly caused an unnecessary hardship on our family!!! My child has a heart condition and we have already made our deductibles so COBRA makes sense for us. Unfortunately being kicked out the door without a buffer for continued coverage has resulted in my child's medications being cancelled by Express Scripts and there is no way to escalate receipt of my COBRA package. And I worked so hard and cared so much about doing the best possible job for Marathon, oftentimes at the sacrifice of family commitments--how stupid of me!!

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I was let go too. I agree about the criminal opinion. I'm over 50 as were many others. Insurance should have been given for another month until we could secure another policy. A member of my family is ill, now worse because of this. No manager let us go, just HR and security. Lesson learned.

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You are spot on about the benefits being stripped away without any sort of cushion for at least a month. I have a child that requires occupational therapy on a weekly basis. Since we no longer have insurance and we can't afford $300 a week, we had to get our kids on government healthcare insurance until another job comes along. I want to smack people when they jump up and down for joy about the low cost of gas for their car. What they really aren't seeing is the ugly consequences to those low prices. As for Tillman and the rest of the corporate big wigs that are still sitting cozily in their mansions at night, I hope that their dreams are haunted with the faces of the many children that are suffering due to their greediness.

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Look at those laid off, it's not rocket science. Anyone over 50 years old and those within 2 years of vesting were the targets. In additiion to what the others have said, they also rescinded unmatured stock options that were given their employees as compensation. Deplorable!

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Apparently $10 million a year isn't enough for Tillman. He allowed his employees to be treated like worthless criminals...phone and Ipad collected, not permitted to collect personal belongings, escorted out of the buillding, absolutely no transition, heatlth insurance left for only 6 business days but no Cobra info for 4 weeks, etc etc. Not the Marathon Oil that has touted their value system! Read the compensation report for yourself. Shameful!! />

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The HR VP has a history of downsizing companies. I think she might put it on her resume as a plus. Just look at the past companies she has worked for. There is no regard for feelings in this environment. I keep very few things in my office, and when my times comes they can keep it all. I will collect my paperwork and walk out the door.

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It almost makes you feel like you're working at ExxonMobil... I wonder how that happened?

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So true

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