It seemed like a good thing that I remained with the company through the Ascend layoffs. This round of severances will likely be lower $ amt thanks to $10 Apache.
Employee email filled with BS was sent out QFIH this morning saying at first everything is ok and then in the last paragraph everything is not really ok. Maybe the tone changed throughout the email because the price dropped from start to finish.
Now that is actually funny. The price of oil dropped so much from the beginning to the end of the email. That is some fast movement down.
Agreed. Starting with Ascend I was shocked at some that were let go and more so by those that were kept.
Managers with frugal traits and optimization focus let go. Old guard (which started the downfall a few years ago) still around. Nuts.
APA is far from being innovative compared to their peers. They (boomers) still rely on old expensive strategies that may have worked back then. But now we need to really be innovated and try to save money instead of being afraid of change.
My bad, make that $9 Apache