Do you think we are in a better position than Devon or are many of our fates being determined? Another very gloomy day with little light on the horizon. How much longer can we keep up appearances?
My gut feeling is bad.
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Positions are "eliminated"
Not "Laid off"
Thus far
Yes there will be layoffs. Oil will not go to $60 within six months = Layoffs!
SandRidge did not have consultants regarding layoffs. Why would one need extra people when they could handle it themselves and do it quite right? Devon on the other hand, didn't quite handle it well.
Yes we will
We will not have layoffs.
Where are you guys hearing this stuff?
From what I hear, maybe no severance
Word is the same consultants that met with Devon on conducting layoffs also met with CLR and Sandridge last week.
Do not be naive nor ill prepared. Take a rational look around and the answer is obvious.
Everybody will have cuts. They just have to at these prices.
If you dont think we are goint to then your fooling yourself.