Writing has been on the wall for a while, with gas prices and all. Yet, trigger-happy leadership don’t know how to deal with anything but going for wholesale layoffs. Bloodbath in 2019 is a good indicator it will be no less bad this time, and I’m sure they will not stop at the initial 15% they announced. Buckle up, it’s going to be a rough ride, and many of us are far from being able to afford losing a job in this economy.
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Why would anyone think all the equitrans people were going to make the cut? They've been talking up "synergies" during the whole merger lead up. Synergy is just executive speak for "peons that do the same things that I can cut." The cuts when Rice took over from old EQT were necessary and we've managed to do a lot better with the smaller team. ETRN is full of the same overpaid under producing bloat old EQT was. Y'all were gonna get cut. Anyone who didn't know this was coming has missed like .... every corporate merger ever?
Wow sounds A LOT like Range Resources. Also horrible leadership. They don't care about you, they care about the board members and stock price/options for themselves.