I have no insights, and I don't want to be a bearer of bad news...just wondering if anyone has heard rumors about layoffs on the horizon? Some colleagues are already very worried that there could be cuts very soon.
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I can see it now written in bright purple neon letters
Next will be no hedges followed by the bottom dropping out. I’ve seen this movie before…
Why layoff if they told several groups that no career growth prospects in the future. They are hoping for attrition. You’re going to become expensive, fed up with the bs, leave, and they are going to hire fresh out of college cheap labor.
It doesn't seem that there will be any layoffs any time soon.
Good point @4xfw+1c4azZIi
- and don't forget about D&I. Even scooter had to throw that out AGAIN during the earnings call. Why not find the best person for the job instead of looking to appease the few? This company is doomed on so many levels
Pxd is just doing what the liberal elite bankers in NYC tell them. Layoffs,ESG, vaccines….wonder what will be next!?
Genuine question: why would there be layoffs when we’ve doubled in size due to the acquisitions? How would that work?
I hope like bloody he-l layoffs are coming.
I don’t believe there is a formal layoff but a selective one based on performance so do some brown nosing! Or maybe you are the chosen few who are protected but if you are over 50 well let’s just say time is ticking!