Thread regarding Pioneer Natural Resources Co. layoffs

How long before the bloodbath?

I’m guessing within 1 year most employees over 50 years old will be gone. The water management department within 2 years, field positions will be mostly contracted out except for pumpers who will be making significantly less and doing a lot more with half the manpower. This is how it works folks.

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Post ID: @OP+1suZbBMt

9 replies (most recent on top)

I hope the micromanaging and not letting your employees do their jobs continues it’s a staple in central and in the ne hopefully the tradition continues.

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Post ID: @3jvt+1suZbBMt

Not sure what you're on about Water Management. It's one of the better assets we have and is a reputational enhancer for the environmental crowd.

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Post ID: @1xjt+1suZbBMt

@izhy...you have used PDX on all of your post. Who is PDX?

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Post ID: @1ucx+1suZbBMt

Reuters says Exxon will make offers to a vast majority of PDX employees in 1-2 months

https://www.reuters.com/business/energy/exxon-take-up-two-years-hit-stride-with-pioneer-purchase-2024-05-03/

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Post ID: @1zhy+1suZbBMt

How about PXD's lithium business? I remember seeing a press release about it.

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Post ID: @1pxg+1suZbBMt

I’d bet water would add a competitive advantage to XOM

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Post ID: @jwx+1suZbBMt

Yes, Pioneer has a water management department that’s a subsidiary.

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Post ID: @xyn+1suZbBMt

This week. Checkmate exron.

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Post ID: @ykt+1suZbBMt

Water management?

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Post ID: @sal+1suZbBMt

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