California Resources Layoffs

3 layoff events · 179+ employees laid off since 2016

California Resources most recently announced layoffs on February 18, 2021, cutting 50 jobs in Bakersfield. Below is every California Resources layoff we've tracked, with headcount, location, severance, CEO pay and how the stock reacted.

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Newest entry: February 18, 2021

Company
Laid off
City
CEO Pay
Industry
Date
Stage
Stock since layoff
Source
50
Bakersfield 🇺🇸
Oil & Energy
Feb 18, 2021
Severance - 6 weeks
-
Official Filing
55
Bakersfield 🇺🇸
Oil & Energy
Aug 21, 2020
Severance - 6 weeks
-
Official Filing
74
Bakersfield 🇺🇸
Oil & Energy
Feb 16, 2016
Severance - 9 weeks
-
Official Filing
California Resources stock vs layoffs CRC
Daily closing price (split-adjusted)Beat the S&P 500 in the week afterLagged the S&P 500Too recentBigger dot = more people laid off

2 earlier layoffs not shown (before the price history starts).

California Resources layoffs: frequently asked questions

Is this data verified?

Yes, each & everything we report on 6figr.com is verified numbers only. As our cornerstone differentiator is authentic & accurate data.

What is the source of this data then?

It's a mandate that companies must file reports about layoffs to the government so that unemployment benefits are not abused. We extract data from these filings, which are buried in pdfs. cleanse, organise & present this data. So that you, the employee knows the inside health of a company through numbers & not by their marketing propaganda.

Why do this?

We believe information can be empowering, and that the financial health of a company is best known through numbers — and the shocks are first felt by the employees at the epicenter through layoffs whilst much further later in the market. So if we’re betting years of our life working for a company, it makes sense to be aware of the company’s past acts.

When did California Resources last lay off employees?

California Resources most recently announced layoffs on February 18, 2021, cutting 50 jobs in Bakersfield.

How many employees has California Resources laid off?

6figr has tracked 3 California Resources layoff events since 2016, affecting at least 179 employees in total.

Where did California Resources lay off employees?

California Resources layoffs we've tracked were mostly in Bakersfield.

What are the salaries of employees at california resources?

Browse california resources salaries by job title, experience & location.

Are robots responsible for this layoff at california resources?

Explore Future of work to identify if certain jobs are at risk because of automation.

About Layoffs

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