Hearing thru the grapevine (friend in management) that phase two (layoffs) are coming. Stay tuned
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In a deal cut at merger time, Rosetta employees are SAFE from layoffs for 3 years, if anyone goes it will be old time NOBLE employees. So, pack your bags and make room tor the Rosetta ones
will Rosetta employees have to take "The Cindy Reyes-Garcia Walk of Shame" on the day they get let go?
The stock price tells how bad the company is. And the Falkland exploration well will be either a dry hole or not commercial at all.
Round 2 appears to be Rosetta employees. See article on line.
I would think the layoffs would be done as they are replacing all the layed off Ardmore employees with new hires in the Houston office. Well one new hire to do the job of 2 or more, that's the Nobel way! Over work and under paid. Plus you get to train your replacement! !
The "Masters of the Universe" are useless.
I wouldn't be surprised either. This management team had no contingencies for managing thru a downturn other than to layoff people. Very creative!
Would not surprise me.