Someone forwarded to me the earnings report. Management said they are expecting G&A (Salaries) to continue to go down. Any idea what that is all about? is that through layoffs, compensation, or benefits reduction?
From page 5: Expect CRC's quarterly G&A expenses to modestly trend down throughout the year from current levels.
https://s23.q4cdn.com/941458137/files/doc_financials/2021/q1/2021-Q1-ER-Ex-99.1-FINAL.pdf