PDC Energy Inc. Layoffs

Topics regarding layoffs at PDC Energy Inc.

Another round of layoffs?

A VP on the 23rd floor was heard saying that there's going to be another round this year. Did anyone hear anything about that?

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| 802 views | |
Post ID: @10oUxlXu

Labor Lawyer and Legal Action

Has anyone attempted to take legal action against PDC for there less than stellar severance package? I was shocked at how stingy they were, kept their 401k contributions, stocks didn’t vest, etc etc. Pair that with a c-appy O&G market in Denver and... —  read more 

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| 762 views | |
Post ID: @10kghDHz

The Activist did win!

Many of you still think that Ben Dell the Activist from Kimmeridge lost, but he didn't- he is now sitting on the PDC Board of Directors. Check out any of the Financial tracking pages, from Wall Street Journal, Yahoo Finance, etc. Ben Dell is now a... —  read more 

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| 1142 views | |
Post ID: @ZKjiIAR

More layoffs to come

There were about 50 across all offices. Poorly handled, they let employees go that were the only ones knowledgeable on certain software, in effect crippling entire departments. They have a reserves department with not one certified PE, lead by... —  read more 

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| 987 views | |
Post ID: @ZJPlbAd

PDC Energy C Suite should be ashamed of themselves

So people living paycheck to paycheck were laid off and given a pathetic, unreasonably low severance package while the C Suite executives sit back with their repulsive million dollar salaries and equally repulsive bonuses. How can they sleep at... —  read more 

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| 1850 views | |
Post ID: @ZFZfxFL

50 people laid off

People in all four offices got laid off; Denver, Bridgeport, Midland and Evans. People from IT, Production, Planning and Development, Land and other departments got laid off. I heard that close to 50 or so people. —  read more 

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| 1337 views | |
Post ID: @ZFe1GDf

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