Thread regarding Pioneer Natural Resources Co. layoffs

45% capital reduction!..Layoffs incoming!

I hope everyone's financial house is in order because we are about to get hammered with layoffs (just like the rest of the industry). With a capital cut of this magnitude (45%) they can do without a large percentage of us over compensated corporate staff...The gravy train is coming to an end! Middle management needs to get whacked first….WAY TOO MANY over compensated managers.

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Post ID: @OP+141Ka02I

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Trim the fat by getting rid of management! They didn’t learn anything from last year! They kept so many useless people!
The LCO building what a waste of money! It will haunt them in the end!

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Post ID: @mosm+141Ka02I

C'mon PNR layoffs? Yeah it's happened before but times like these they will look for any small thing to fire employees first. We all know how the game works with this company, it's been proven time and time again.

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Post ID: @hrd+141Ka02I

Personnel cuts next, sadly

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Post ID: @wsc+141Ka02I

Sad but very true

These are some tough times in our industry.

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Post ID: @qnq+141Ka02I

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