Thread regarding Pioneer Natural Resources Co. layoffs

What’s going on around here

Is it just me or are things getting weird around here ? I’ve seen some quiet firings disguised as retirements

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| 1612 views | | 7 replies (last January 30, 2019) | Reply
Post ID: @OP+TDRTILm

7 replies (most recent on top)

That's how they do layoffs with the older/more seasoned staff...."retirements"

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Post ID: @3Krwb+TDRTILm

The reason that I heard about RDL leaving was because of health issues. Also heard was because he had no back bone and was more concerned about his personnel. They wanted someone in his position that would be more worried about the bottom dollar. It was basically a forced retirement.

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Post ID: @3Gync+TDRTILm

"Retired"!!!

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Post ID: @Gfyz+TDRTILm

Anyone know why RDL left so suddenly?

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Post ID: @njzw+TDRTILm

Ah so now we're a real estate company. I see...

But seriously, why all the experienced people going out the door?

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Post ID: @1ylj+TDRTILm

It’s all part of our new goal. Get the head count as low as possible to generate more income by renting open office space in the new building.

When we pull this off we are simultaneously reducing overhead.

Also when will MC exercise the huge buyback?Guessing after Q3?

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Post ID: @1ogy+TDRTILm

Expensive staff that fails to contribute? Notice the adjustments to the retirement rules to encourage departures

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Post ID: @1kqp+TDRTILm

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