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
Topics regarding layoffs at Denbury Resources Inc.
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?
All I can say is I wish the current CEO had been there when I was. At least he's got some sort of plan and idea for growth. PR was a financial engineer. Had no clue how to run a company and actually grow the thing. He convinced the board to runoff... read more
Just curious as to what is keeping you at DNR? It is no longer what it once was, and with so many other good companies out there.. why do this to yourself?
It can only go up from here, right?
Cut some more folks. With lower prices and this acquisition...i bet we carve a few off.
So what’s the word on the street about raises and bonus. Seems like no communication about raises or even timing of them. Also no transparency of where we are trending with the bonus. Can’t imagine it’s anywhere close to the target we were told early... read more
Wall Street does not favor this acquisition, what does everyone else think?
What is the plan? Hearing widespread changes coming to all Ops. Just rumors? Many good employees have left in the last few months. Anyone concerned or surprised? Stock is up so no one is worried?
It was some visitors in the field...wonder if those was prospects or just lookers.
i wonder if they've had time to incorporate any of the survey responses into the remarks for the town hall meetings
Is this to be considered for a best place to work or just a check in? Serious question here.
Any idea how much it cost, how long it lasts and what is included?
So we announce we're selling our core properties that this company was built on on this place is silent Let em move the yogurt machine in plano and this place lights up like Facebook. A lot of people look at this for water cooler talk but I guess it... read more
I left before the 3rd layoffs. Best decision ever! Found better pay, and I didn't have to suffer from depression at walking past all of the empty offices. It was such a great place to be in the 6 years I worked there, but its time for people to go if... read more
It really was an incredible asset for all the employees but it was just unsustainable at that level for an industry where everyone is cutting costs and most companies didn't offer to everyone. With base salaries finally showing upward movement and... read more
I’m sad that wasn’t discussed today. I think we should at least consider bringing them back.
Finally they are pulling the plug on the LTIs for all the "non" technical staff. We engineers/geologists are doing all the work and floating the boat while the others just sit all day and keep milking the cow! DNR is not a charity, although some of... read more
Like what I do, family is good but every day I come in and work in the saddest most depressing place. I'm so tired of hearing about all the bad, being picked over and beat down every day because of how we park, where we eat, how much paper we print... read more
How many do we think put in their notices today since we got our bonus? Be careful not to jump from the frying pan directly into the fire. Grass is ALWAYS greener on the other side.
Dumbest thing ever. We can't have lunch, our insurance is horrible, can't use our good vendors so I'm using the cheap unsafe ones, many of us will have our pay cut, stock is being dumped soon...but the idiot next to me who does nothing but read this... read more
I heard from a realtor friend that DNR is looking for new office space closer to downtown Dallas. Contract starting date is 06/2018..... every day another surprise at DNR
What does the announcement that Denbury has entered into note exchange agreements mean for Denbury employees?
I was laid off the third round of cuts, it turned out to be a blessing. I’ve landed a job more than doubling my monthly income with Denbury. I have a lot of friends that are still with Denbury and I wish them all the best!
Too many in HR with the CPA talking about us making too much. We can't afford to lose even more pay than we already have with our stock and bonus cuts. Pioneer is the same Drive for me and they're not slashing their people or cutting their pay.
I am busting my a-- as well, but I also am getting frustrated. I talk to my peers at other O&G companies in DFW and Houston and, while everyone is dealing with the new reality of $50 oil, there doesn't seem to be the demoralizing environment that we... read more
Just watched 2 well paid good older workers get walked out today. Their jobs were eliminated. We just hired someone last month (young and cheap). Twice now. No more big layoffs, just small ones you never see coming. HR made sure management couldn't... read more