Everyone seems to agree that the lay-offs and changes begin tomorrow, sooner the better, someone earlier said lets get it on. The vision of the new Pioneer
1200-1500 employees by Christmas
single match on 401K will stay
Pioneer will leave Corp office in LCO by 2nd Qtr. 2021 and return to birthplace City Midland
SS will announce retirement in 1st Qtr. 2021, search begins for an outside CEO
Stock dividend ceases in 2021
History will mark this packaged layoff as the last one, if any more they will be only unemployment
Survivors will be rewarded for more work less people with larger bonus and options, SPECIAL
Pioneer is fighting now for its very existence
Million dollar Qtrly loses will continue until 3rd Qt. 2021
Pioneer will stay as an independent only much smaller, and great lessons learned by management
5 replies (most recent on top)
I suspect when all the votes are in this fellow predictions over the next 24 months may turn out to be spot on. Expect the best but prepare for the worse
You are fake news
Why are you even here? Just move on!
Yeah okay. Must be the same poster from five years ago when pioneer was “going bankrupt”
Fake news!