Thread regarding Denbury Resources Inc. layoffs

Latest on layoffs?

C'mon Denbury peeps, somebody's gotta know something.

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Post ID: @OP+173hkV1g

44 replies (most recent on top)

Definitely some dead weight in Asset Integrity that we could let go. I can’t believe some of the people they have choose to keep on the payroll. We let go of some really good, experienced people.

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Post ID: @Dcow+173hkV1g

Probably wanted him to take a 50% paycut and couldnt figure out why he wouldnt accept. Better fill the position with a WOOD guy

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Post ID: @ozlj+173hkV1g

Sorry, but his position was not eliminated, he made the choice to not except the new terms.

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Post ID: @opdg+173hkV1g

Your position is elimated is laid off!!!! That’s how it will be now. 1-2 here and there. No budget, no work, no job. Wake up!!!

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Post ID: @nuho+173hkV1g

To keep a job at this company it’s all about whose desk your under. Some people I know could s— a golf ball through a watering hose 😂😂.

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Post ID: @irlf+173hkV1g

These usually happen on Friday’s

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Post ID: @iloy+173hkV1g

Op excellence and not the person who should be laid off.

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Post ID: @fwky+173hkV1g

Someone I know got “laid off” today. You better start kissing up to the right people!!!!!

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Post ID: @esoz+173hkV1g

Trying to keep everyone from walking out the door as soon as oil prices comes back and jobs open up again

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Post ID: @bbbh+173hkV1g

Why does the staff and management deserve a bonus?????

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Post ID: @bzcx+173hkV1g

If there was one it would be today or tomorrow before that bonus hits next week.

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Post ID: @avsy+173hkV1g

What does “today or tomorrow would be the day “ mean? Where are you getting this info that there will be a layoff today or tomorrow?

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Post ID: @afie+173hkV1g

Today or tomorrow would be the day. Good luck peeps!

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Post ID: @axfv+173hkV1g

Hopefully everyone at denbury has a plan b. I don't think anyone feels very good about their job right now

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Post ID: @7car+173hkV1g

OE is the hit squad taking out who they don’t like.
Be careful voicing your opinions against them, only if you have something else lined up.

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Post ID: @7bch+173hkV1g

It is sad how much time and money are wasted in Ops "Excellence". The big brother mentality does not work (never has). If anything, some things are slower and more inefficient then they were before. They need to deploy that whole team in real oil finding and cost cutting projects.

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Post ID: @6ixm+173hkV1g

He gets pretty sandy if you tell him that denbury isnt as great as he thinks. He acts like a 10 year old having a temper tantrum because they cant have candy for supper!

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Post ID: @5khi+173hkV1g

screw geotabs ipads and sap! We should write an email to the ceo and tell him exactly what we think about it.

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Post ID: @5bbx+173hkV1g

Is the IT department still hiring “coaches/mediators” to help everyone deal with their hurt feelings! 😂

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Post ID: @3nry+173hkV1g

I dont think they would be upset if all company workers left and they filled position with WOOD.

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Post ID: @3kza+173hkV1g

Ops Excellence will have more $ to spend since there is no more debt.
More consultants to monitor us for months or maybe more Wood Contractors?

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Post ID: @3nmf+173hkV1g

I think ankle bracelets to verify the lone worker time and geotab and sap all map. Keep everyone honest!

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Post ID: @3xtu+173hkV1g

Layoffs????
I thought they were working toward 3 bosses and 2 VP’s per field hand?

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Post ID: @3dvg+173hkV1g

Probably need to hire more people to monitor the excellence team to see of they are performing excellently

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Post ID: @3oao+173hkV1g

These field guys sure do complain a lot.

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Post ID: @3gyl+173hkV1g

Maybe it will be in operation excellence! Cause they got enough time to look at geotabs instead of helping us make oil.

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Post ID: @3zpj+173hkV1g

We are now owned by a private equity firm. Capital spend will be minimal and we will sell in next 12-24 months. They'll trim staff after beginning of year for sure. They don't need all of us to just stay flat on production side.

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Post ID: @2wlf+173hkV1g

as useless as a lone worker and geotab. Tracking is the only thing they do

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Post ID: @2owg+173hkV1g

What are the chances of laying off SAP? Are we to far in? They have basically bought everyone in the field two devices because the first ones were not compatible. They are now only being used as a personal time clock.

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Post ID: @2rvv+173hkV1g

Zero chance for a layoff next week

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Post ID: @2tcu+173hkV1g

Who cares. We will be back at this point in 18 months.

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Post ID: @1awp+173hkV1g

I think the only thing that matters right now is are they having a layoff before the next bonus and where is the new office!?!

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Post ID: @1aur+173hkV1g

Which of the uppers own 10% of the company?

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Post ID: @1ife+173hkV1g

Could definitely use a cut in management. Over staffed at higher paid positions and never lost LTI. If the new denbury is going to be anything, need to let go of high paid dead weight

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Post ID: @1jse+173hkV1g

Overpaid technical staff? I took a pay cut when I came here.

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Post ID: @1pgi+173hkV1g

Denbury has been overpaying their engineers and geologists for years - it's about time they cut their LTIs. I propose a fold down table for laptops in the restrooms because most of them spend more time on the pot than in the office.

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Post ID: @miw+173hkV1g

LTI cut equates to a pay cut for many of us

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Post ID: @hgy+173hkV1g

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