just got an email from my boss (you can guess who) and HR.. they couldn't even wait till this blows over.
Topics regarding layoffs at Denbury Resources Inc.
New proxy came out today. I was surprised (not!) to see any changes to Exec Comp when our leader, CK just yesterday promised to "meaningfully reduce Denbury’s LOE and G&A expenses". More lip service from the top, and likely more cuts at the... — read more
Anyone has more ideas?
Who would have thought just a month ago that DNR stock would be in the teens? Probably not much hope for the company at this point. Need to start looking at Chapter 11 options.
At this oil price I think we all know they’re coming.... Just a matter of when. My thoughts are in about a month.
Any news or rumors after oil plunged to $30 today?
Failure of a company to meet a minimum closing bid price of at least $1 for 30 consecutive trading days can trigger delisting.Could Denbury be headed towards this?
Why am I all the sudden hearing low rumble chattering of Exxon buying Denbury for their EOR assets? Any else heard similar or can confirm any truth to this?
An HR leader who who doesn’t like people, won’t make eye contact or speak in public is considered successful enough to take over more? IT? Led by the CFO’s friend? Would like to sit in on that staff meeting. Frankly, I think they’re perfect together... — read more
Who else wished today that they'd got a package?
simple question....have the C suite and VP's taken pay cut? That's when you really show you do care for your people. Do you still need this many VP's? Screwed up Board and Upper management. It's all money for them while more and more work pushed to... — read more
Well its that time again. Any thoughts/info out there?
Too many people in upper management who confuse education with intelligence.
Well it looks like there is still going to be an additional 10-15% reduction in staff. Hopefully they still give us our bonuses. I would start looking before March.
Was it enough to avoid a lay-off? Anyone know?
Should we lay off older workers or fire poor performers to improve company?
I am a recent HR rep and I chose to leave because of the new PTO schedule they are releasing at the beginning of the year. Enjoy your two full weeks of PTO/sick time. It will be combined and limited.
Can you believe they just laid off the entire grounds crew and window washers.. what are we going to have to do, mow the grass and clean the windows ourself?? Maybe the old people will be able to still work. Or is that age discrimination too.
Now that bonus’ have been paid it seems as though the time is right to let some ppl go. Any one else hear this?
Stock about to dip below $1 in the middle of the summer. Not looking good for next winter.
What's the probability of Bankruptcy for Denbury Resources in 2019 or 2020?
FDL makes over 70,000 bpd with 300 employees. Denbury makes less than 60,000 with 900 employees and counting. Does Denbury need three people to do one person’s job?
Hearing grumblings about more layoffs.
C.K. was setup to fail on this one. Phil and past leaders really screwed all of us.
it made sense when most employees still received stock. but now that most of us don't, it's really only relevant for 85% of us in terms of stock we've received in the past. that's the same whether we work here or not. we're equal to any random... — read more
What is going on? Is Denbury in trouble or making moves? Anyone know of big news or is this talk about the earnings? How did everyone feel about raises?
So, now that the PV merger has been canceled, we can look forward to more layoffs in order to cut costs that were supposed to be cut through the acquisition. I'm not sure when it will start, but it would be naive to think they are not coming for... — read more
i can't believe the merger isn't going to happen. denbury shareholders are stupid. PR oversold the EOR thing and has now crippled us so that we can't diversify. CK will have to explain to them why it's good to NOT have your eggs all in one basket... — read more
bet CK puts on a great show!!
Mr. Kendal said raises on april 1 In that email the other day. We haven’t heard a thing out here and nobody seems to know or keen on telling us . Nothing was told on the town meeting video either last week. any word at the plano office?
will there be talk of annual bonus? will it be enough to make up for loss of LTI?
i've been gone a while...what's the status of the cafe? they still serving food? is it still free or reduced price?