Thread regarding ARC Resources Ltd layoffs

Arc Resources and Seven Generations merging, lookout here comes the layoffs!

Seven Generations has the stronger technical team due to their significant Montney footprint across the basin and the complexity of their Montney plays vs Arc’s, I would expect the layoffs to be heavier on the Arc side due to 7 Gens expertise. Only time will tell but the layoffs will be coming as the new company cuts costs, efficiencies and the duplication of staff.

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Post ID: @OP+19mL9Uqh

6 replies (most recent on top)

Sounds like a match made in heaven. Try to get along children πŸ‘ΆπŸ»

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Post ID: @Uwee+19mL9Uqh

I stumbled upon here thinking there might be some information and all I have seen is animosity. It is pretty clear that my now colleagues over at the former 7G think pretty highly of themselves. Time will tell but so far not impressed. How about giving the integration a chance rather than come across as all knowing.

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Post ID: @Tmro+19mL9Uqh

Knowledge and expertise, I just threw up in my mouth. The politics and b—s— is over, you couldn’t even get your story straight. Looking forward to this finally being over.

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Post ID: @Butz+19mL9Uqh

The lays offs would be on both sides. The comment above about expertise is b.s.

Its not rocket science, regardless of what ppl who work in it try to sell it as.

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Post ID: @yiyl+19mL9Uqh

Unfortunately the Geoscience department always seems to get hit the hardest

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Post ID: @wzd+19mL9Uqh

There will be about a 25% reduction in headcount mid-year.

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Post ID: @iph+19mL9Uqh

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