Thread regarding Pioneer Natural Resources Co. layoffs

packages

what do involuntary packages look like anyway. this is all new to me. just a cog.

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| 1884 views | | 8 replies (last April 3, 2019) | Reply
Post ID: @OP+YnxWd0I

8 replies (most recent on top)

If you don't take the offer now, do you think you will be forced out in the next round?

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Post ID: @1iyr+YnxWd0I

Tell us the dirty details, FANG needs to be competitive on packages

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Post ID: @1vkk+YnxWd0I

Guess you should be an employee

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Post ID: @1dvx+YnxWd0I

What are the details ?

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Post ID: @fzk+YnxWd0I

Usual 2nd round cuts get 2 wks for each year of service plus all the accumulated vacation, stock, etc. However today’s was much more generous than usual - so maybe 2nd round will also be more generous than usual? Who knows.

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Post ID: @pmn+YnxWd0I

are we talking 3 months of severance? 6? has anyone survived a round like this before or is it unprecedented.

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Post ID: @cft+YnxWd0I

not a senior. not near retirement. i'm talking down the line. pretty sure functional but relatively unnecessary to profit cogs like myself will get cut.

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Post ID: @nlw+YnxWd0I

Not anywhere near as good as what was offered today. If you qualify, you should take it.

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Post ID: @nbf+YnxWd0I

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