Well it looks like there is still going to be an additional 10-15% reduction in staff. Hopefully they still give us our bonuses. I would start looking before March.
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I’m sorry oil prices are up? Halliburton laying off thousands before Christmas, drilling down, forecasts negative outlook for 2020. But oil prices are up and we’re better off without knowledgeable people. Ok.
The word is that enough old timers took the VSP that Denbury doesn’t need any layoffs this year. Plus oil price has gone up.
Wishful thinking, but that would be a great day...
house cleaning before merger/sale
Will Chris take the leftovers and move to Houston? Why stay in the Plano / Dallas area, all of his friends are in Houston.
RIF is always smart. Get rid of a group that’s not doing anything anyway. They know it.
That office has to be so empty each employee should have their own personal stall by now
Not to mention the stall space we are gaining back in the restroom facilities. Just as hard to find a stall as a meeting room these days. Congrats to all that are able to take it and for the rest of us that missed it by a few years, lets keep positive attitudes.
Taking a $17 million charge in this quarter with $21 million in estimated savings related to employee separation, for what it's worth. That's a lot more than I had in mind.
Not sure bout HR. I got my ReTirement letter with another name on it.
I like some of the people in HR.
HR is next to go
You mean Houston
The layoff is necessary in order to fit all the people in the new office space in downtown Dallas.
I'm sure you do! Will be harder to sit around not doing anything with even less people.
I’m just glad to have been paid all this time. Talking, sitting around, relaxing, I love Denbury.
Stop spreading lies. You have no idea what you are talking about. Go concentrate at your own job, you clearly don’t work at DNR.
And how do y’all know that? Why spread panic and worry? Who are you hearing that from?
RIF #4 coming Q1.