Laid off from ConocoPhillips.
ConocoPhillips announced it would cut up to a quarter of its workforce, thousands of people, as oil prices sagged. Energy layoffs track the barrel, and the barrel had a bad year.
At a glance
What's been reported about ConocoPhillips severance packages
- 20 to 25% of workforce and contractors · The September 2025 announcement
- Potentially 2,600 to 3,250 · People affected
- 60 days in advance · Notice
- Severance and outplacement, terms unpublished · With it
The latest
Up to 25% of the workforce in the restructuring
In September 2025 ConocoPhillips said 20 to 25% of employees and contractors worldwide would be affected by its restructuring, potentially 2,600 to 3,250 workers, with affected staff receiving 60 days of notice, severance, and outplacement.
Previous rounds
How ConocoPhillips has handled layoffs in the past
ConocoPhillips announced one of the deepest proportional cuts of any major U.S. company in 2025, a fifth to a quarter of everyone, employees and contractors alike, as crude prices sagged below the levels its capital plans assumed. Energy employment has always tracked the barrel, but a structural reduction this size goes beyond cycle management into a bet that leaner is permanent.
The announced process was cleaner than most, 60 days of notice ahead of separations, severance, and outplacement, which tracks WARN obligations for the U.S. workforce and extends the courtesy to the announcement itself. The contractor share matters too, because contractors absorb energy cuts first and appear in no one's severance math, a shadow workforce whose reduction never shows up in the company's charges.
Geography concentrates the impact, Houston above all, with Alaska's North Slope operations the other major U.S. exposure. Oil-patch layoffs land in labor markets built around oil, where the alternative employers are cutting on the same price signal simultaneously. Texas and Alaska unemployment systems differ sharply, Alaska's benefits are among the country's thinnest, and for North Slope workers the state page linked below is worth reading before the notice period runs out.
Recent ConocoPhillips layoffs
September 2025 forward · 20 to 25% of the global workforce including contractors, against a backdrop of declining oil prices and industry-wide capital discipline
60 days of advance notice, severance packages, and outplacement assistance. Formula not published.
Quick answers
What severance is ConocoPhillips paying?
The company announced severance and outplacement with 60 days of notice, without publishing a formula. Energy-sector packages have historically scaled with service, but nothing is public for this program, so individual agreements control.
How many people is ConocoPhillips cutting?
The announced range is 20 to 25% of employees and contractors worldwide, reported at potentially 2,600 to 3,250 workers, driven by lower oil prices and cost discipline across the majors.
What severance has ConocoPhillips given laid-off employees?
20 to 25% of workforce and contractors (the september 2025 announcement). Packages change between rounds, and your separation agreement is the only version that counts.
Where do I file for unemployment after a ConocoPhillips layoff?
In the state where you worked, not where the company is headquartered. ConocoPhillips's biggest U.S. hubs are Texas, Alaska. Severance usually doesn't block you from filing, and benefits run from your filing date, so file the same week.
Should I sign the severance agreement right away?
Not on the spot. First pin down how much review time you actually have. If you're 40 or older, federal law gives you 21 days to consider an agreement that waives age claims, 45 in a group layoff, and a waiver signed under a shorter deadline can be invalid. If you're under 40, no federal window applies and the deadline in your packet may be real, so confirm it in writing and ask for more time if you need it. Use whatever window you have to read the release terms, especially non-disparagement and no-lawsuit clauses, and don't stall past a real deadline, because offers can be withdrawn.
Can I collect unemployment if I got severance from ConocoPhillips?
Usually yes, though some states delay benefits until severance pay periods end, and lump sums are treated differently than salary continuation. Check your state's rules on our state benefit pages, and file immediately either way so your claim date is locked in.
Help for people recently laid off from ConocoPhillips
- File for unemployment in the state where you worked. Benefits run from your filing date, and severance usually doesn't block you. ConocoPhillips's biggest hubs: Texas, Alaska. Somewhere else? Every state is here.
- Don't sign the severance agreement on the spot. Find out in writing how long you have to review it. At 40 or older, federal law guarantees 21 days, 45 in group layoffs. Under 40, the packet's deadline may be real, so ask for time rather than assume. Read our severance breakdown first. The clauses matter more than the number.
- Mind the health insurance window. Losing coverage opens a 60-day special enrollment period, and an ACA plan usually beats unsubsidized COBRA. Compare your options before the employer coverage lapses.
- Get your real runway number. Severance plus savings divided by reality. The calculator takes five minutes.
- Know which clocks are already running. Severance review windows, COBRA election, visa grace periods, and 401(k) rollovers all run on federal deadlines that started at termination. All five deadlines are here.