Let's have it, go ahead and vent a little bit! I'm dying to know what you guys think. I'm sure you've read the articles and $0.50 stock isn't helping either...
Too bad you can't sell saltwater
You would be 50 bucks a share!
Looks like we have more legal issues
Legal department is all over the place
$0.76 a share...
Where do we go from here???
Red Folders
We just received a shipment of 417 red bi-fold folders
May 7
Rumors are 70 people based out of the alva office are getting the ax.
130+ Oklahoma City Corporate Job Cuts
http://www.koco.com/news/SandRidge-Energy-eliminates-20-of-corporate-team/32153292
Welcome!
Hey guys, let's make this fun. Hopefully you've seen how we do it over on the CHK page. Don't let me down like the Chap guys have. See you on the streets!
Layoffs
Just heard 132 people were let go at Sandridge... sorry guys & gals.
It's coming soon...
Rumors have been circulating for some time that we'd see a round of layoffs at the corporate tower, and now they're all but confirmed. Security has told us that "something will happen this week", and April 1st is the start of Q2, so the assumption is... — read more
The long goodbye
People of Sandridge or even OKC in the energy industry hear me now. I have been through the 80's. This isn't a short term problem, if the status quo doesn't fundamentally change internally Sandridge and several others will be unrecognizable by... — read more
Lots of closed doors
Management won't look anyone in the eyes. Lots of upper management meetings and doors closed throughout the day. Rumors are starting to circulate....
The New Janitor
Tom Ward is clearly disguised as the Janitor. He's got a wig and a fake moustache but that's definitely Tom Ward.
Dropping well costs...
Leon Cooperman's drop in enthusiasm is enough of a headache for the management. Dropping well costs, it's not happening, dropping prices - it's happening. It's a rather math here - we will have cuts sometimes in 2015 but wait and see when.
2015 Layoffs at Sandridge
The prices are falling and we are reaching the point where we'll be having so many problems, it's not even funny. We'll see layoffs in 2015 for sure, we'll see who survives this year.
Departments Affected?
Does anyone know what departments got hit last time SD did layoffs due to crashing prices in '09? I've always heard Landman is one of the first to go, who else?
Oil and gas issues
I think the whole sector is about to go south. as it relates to us, we'll see cuts in 2015.
What's in store for 2014?
More layoffs? What groups?
Now that TPG-Axon is on Tom Ward's back you will see that things will change - I can already sense it with some execs
Now that TPG-Axon is on Tom Ward's back you will see that things will change - I can already sense it with some execs. You will see rapid restructuring, that will not be successful and they will start to lay us off to improve numbers and the bottom... — read more