Thread regarding Denbury Resources Inc. layoffs

Any word on layoffs coming soon ?

Now that bonus’ have been paid it seems as though the time is right to let some ppl go. Any one else hear this?

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Post ID: @OP+10iS9hl4

12 replies (most recent on top)

Layoffs may be really close for denbury employees, from a safety meeting on November 12th, denbury is offering early retirement packages to employees 58 and older. If I was that age I would take it, may be more than a severance package.

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Post ID: @1Ichc+10iS9hl4

It wasn’t until you spoke up

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Post ID: @qpgw+10iS9hl4

Chatter is increasing on this topic.

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Post ID: @oycf+10iS9hl4

Not surprising.

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Post ID: @diym+10iS9hl4

Fake news

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Post ID: @8zgc+10iS9hl4

RIF is on it’s way. Could be as soon as end of August

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Post ID: @8oeb+10iS9hl4

No layoffs, there are some paranoid people around here.

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Post ID: @8gtt+10iS9hl4

Is tomorrow the day?

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Post ID: @7vty+10iS9hl4

DNR just pocket change now. The ‘bull’ not working any more

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Post ID: @6pbc+10iS9hl4

I’ve personally counted 5 retirements and 3 resignations. I bet there’s more.

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Post ID: @1bov+10iS9hl4

All that depends on how many leave.

Any idea on the number of departures since the bonuses have went out

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Post ID: @eof+10iS9hl4

Probably just the normal batch of post-bonus retirement and maybe a handful of people moving on to other opportunities. Most will likely be backfilled with less-senior people making less money, so should be an overall savings of G&A, no?

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Post ID: @yxy+10iS9hl4

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