Do you have any info? What's the word on the street
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i heard the people on Monday got packages
is there any severance for people getting laid off this round?
All 5 were in HR, no contractors either -
Hopefully it is middle management. Can never figure out what they do day in and day out.
5 if you don't count the contractors
There were only 5 laid off on Monday, not 15.
I highly doubt that Denbury will follow WARN guidelines since they're not required under these terms. I don't think they will be laying off 33% of our staff.
WARN Notice Requirement:
Mass Layoff: A covered employer must give notice if there is a mass layoff which will result in an employment loss at the employment site during any 30-day period if they make up at least 33% of the employer's active workforce.
I doubt it considering that they laid off 10% last April without any notice. I don't know about everyone else on here but I would consider a 10% staff reduction a mass layoff. Can't believe after they laid off that 10% they kept hiring people.
Does anyone know what the packages will be? Will they follow the warn act???
Best of luck to everyone in these tough times. I didn't hear it was this week but I can see it happening since they let go of some HR employees today.
They let go of about 15 people today in office
Layoffs coming the week of the 25th for Field and in office employees. Layoff % will be around 20% not including first 10% included in first round of layoffs.
They are definitely building their cases for who gets to keep their job and who is laid off. Managers are documenting everything. We all know its coming soon. I wish they would just get it overwith so that we can all move forward and refocus!