I did not receive a check in Dec 2016. Called Exco; no response. Called another co. that owns part of our wells; they said they were marked shut for Oct (Dec 15 2016 check payment). This makes no sense as the price has been higher (relatively) than... — read more
Just follow the stock price and you'll find out what's going to happen - there has to be cuts, at all levels if they want to keep the stock price from absolutely evaporating. The good days are over here at EXCO!!!
Will anybody be safe?
Looks like the end of each quarter will result in staff reductions. At some point, they will run out of people.
Dallas office hit with layoffs on April 5th, 2016 I would guess about 10% were cut.
90 days - next week February 10, next round?
All we can do now is wait. Get some rest tonight and try not to worry too much.
What have you heard?
What a joke, what a joke... The management team is super aggressive but clueless.
Anybody has more details?
I am surprised that we have no layoff news for 2015 - we all know that many people at EXCO were cut this year
Is it true that EXCO is legally able to layoff more employees now that 30 days have passed?
Horrible company. Certain individuals who think they are god. Didn't make interest payment end of 2017 and looking to restructure under bankruptcy. Processes need to be streamlined. Software is highly customized and costly to implement and support... — read more
ongoing performance based firings - gotta trim that fat
no kidding - what fat man - we are overworked and there is no fat around