Thread regarding Pioneer Natural Resources Co. layoffs

Parsley announced layoffs today how ironic on the timing

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Post ID: @OP+16BHM2gr

8 replies (most recent on top)

I personally would love to return to PNR. I was cut on 2nd reorg. Its tough but right now with the pandemic, its making it harder to find jobs outside of the oilfield. Count your blessingd.

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Post ID: @9wdb+16BHM2gr

They already let them go. Austin office is done.

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Post ID: @1fhe+16BHM2gr

It was announced on Reuter’s that Parsley is going to cut 10%.

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Post ID: @1oas+16BHM2gr

Parsley is dead meat! They done

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Post ID: @1lub+16BHM2gr

Jim, Parsley is a one basin play as well. Do your homework.

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Post ID: @1xwz+16BHM2gr

Makes a little sense but why would Pioneer buy another company that is in multi basins, has taken years for Pioneer to leave international and other US basins to become a one basin play company. I guess if merged the new company could shed the Austin Office and sell the other basin plays. The good with a merger Parsley has several in executive management that could be in line to become Pioneer's next CEO, because Pioneer "next in waiting bench" is lacking depth

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Post ID: @tya+16BHM2gr

During last pioneer reorg, parsley did a reorg as well..

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Post ID: @nrn+16BHM2gr

Makes the pxd parsely acquisition seem more plausible.

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Post ID: @dow+16BHM2gr

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