Just saw the open mic on Thursday. Not a lot if details of the changes coming up. What did y'all think?
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CNE wont have layoffs. Everyone else will. Therefore not enterprise wide.
Wdym? We only need a pumper to flow the wells
The only cuts with RBU are redundant positions. RBU itself isn’t even fully staffed. If they cut anything more, oil stops flowing
@1dtr That might be true with other management teams in the past but with our current CEO oil could be @ $150 and he still would be looking to have layoffs. They for sure are being cryptic and not saying layoffs are not coming and just that it won't be enterprise wide. The greed is high.
Not with crude @ $90. If it goes down to $60 may be then there will be cut.
They are acting like layoffs are coming. They always say "enterprise wide layoffs are not coming" but that's bot saying there will be no layoffs.
Cuts already happening in RBU with PDC acquisition. However, hard to see cuts in the Center with the growing portfolio with the continued acquisitions.
Cut is coming 100%