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Topics regarding layoffs at Pioneer Natural Resources Co.
ExxonMobil is coming! Great news for us who are ready to go with a package.
Technology improvements does not cause a lack of trust in one’s company. That comes from poor management that pioneer continues to not address. Pioneer created a monster for years by promoting unskilled workers and now those workers are executives... — read more
"The purchase does not come without a cost however. In addition to the roughly $4.5 billion price tag, Parsley will be laying off 234 workers while Pioneer will be laying off another... — read more
Should we email HR about taking the package in Midland. Instead of cutting people they need i wonder if they will take volunteers.
Is PE giving out packages to their folks?
If there is a 25% layoff coming in January that would be great for us who are ready to get a package and go!
Why do they call it a merger, when in reality it’s just a handover of the assets. Interviewing PE employees for the positions of those who were let go in October. Business needs my a.... The level of dishonesty is beyond.
That is all it is in a nut shell. Someone should look at the share movements of these two for at least 6 months prior to the announcement. You know they discussed it all at home over dinner.
I made it through the last layoffs but wish i would have put my hand up for the ISP. Is there a way to leave with the upcoming merger with a severance package?
Is it a good time to sell right now. Only serious answers please
No one is worried about new “right sizing” past merger? The “growth” projection did not change, more land in Midland basin does not mean more people needed.
If you picked the first ten people in the phone book to lead the company would you expect better, worse, or similar results as our leadership?
I guess to no one surprise The Dallas Morning News Published their top 100 employers on Sunday, and nowhere to be seen was Mama Pioneer. Maybe it was in the top 10,000. Two energy companies made the top 100 list Merit Energy off LBJ & Toll Road in... — read more
I wonder if pxd is paying this board to remove posts to protect their reputation.
What did fish bowls offend the fuzz department?
What does the future for shale look like?
What are you thoughts. Underperformed, savings from G&A, “best balance sheet”.
For those of us still left and afraid of additional layoffs can anyone shed some light on what the severance package was? Scary times. Trying to figure out if I'll lose my house or be ok if I'm in the next round
MC: work from home rest of year Management: Weekly/daily harassment of ummm, yeah, we’re gonna need you to come in to the office every day now even though you’ll just be in videomeetings all day
Stop removing posts and comments. Get off this board and focus on something more productive.
What was the logic in becoming a single basin company?
Have you noticed that any negative opinion on this website about SS and PXD is removed. Started happening after the merger news. The two posts after the rules to live by were removed.
My previous post got removed for whatever reason, but here is the repost. Pioneer forgot to follow its own rules to live by, especially those related to RESPECT values. No wonder they were worried when the news about the PE merger got leaked to... — read more
In this round of layoffs Pioneer forgot to follow its own rules to live by, especially those that fall under the respect values. No wonder they were unhappy when the news of the merger were leaked to press. The did not want people to associate... — read more
For those of you who got the package. Would you go back if asked back?
After the Bloomberg interview I feel that we are getting ready for a Exxon takeover.
I just watched our CEO’s interview on Bloomberg where he says there will be only a few independent shale producers in a few years? Everything is changing very quickly and I would not be surprised if some more consolidation happens soon. After... — read more
Could it be that ss and his son executed the transaction hoping to sell two companies for more than each one individually? So much of their capital tied up in it, sounds like a good exit strategy to happily ever after?
So of course we are all glad to have kept our jobs (for now). But the morale is shot. Different supervisors, different roles, ambiguous PMP process targeted at getting rid of people in March w/out any package. No target bonus, maybe half of target... — read more
So Scott Sheffield is now bailing out his son’s company (Parsley) after laying off 300 of Pioneers employees. Is that how many employees Parsley has? What a coincidence.
I think PNR CEO S. S. let the cat out of the bag when he spoke publicly about the petroleum industry was in for a major consolidation if the downturn continues. Well oil stayed pretty much below 40 and if your read the WSJ the consolidation started... — read more
We were all blatantly lied to
IF he couldn't make it work with his tennis pro VPs the plan was always to have parsley aquire acreage at a discount that Pioneer would have been charged a premium for. Hey landowners there is a reason Pioneer uses shadow companies to lease and... — read more
How big do you think the cuts would be on our side?
Jagged Peak Energy gets eaten by Parsley, Parsley gets eaten by Pioneer, Pioneer gets eaten by Exxon, Exxon gets eaten by share holders. In the end everyone becomes waste if your not one of the kernels of corn. Its the natural order of the Oil and... — read more
I would not have believed what I read in the WSJ today on the merging of Parsley Energy and Pioneer. This merger will not require the exchange of cash rather it will be an equity exchange; probably 1 share of PNR for 5 shares of Parsley Energy. ... — read more
Pioneer - Parsley tango, good or bad?