New org structure and the application process for the jobs in the org structure will be discussed. 1 out of 4 is gone. No surprises it's at 25%. They will neither deny or confirm more cuts coming. The answer is "We will analyze the business and make appropriate staffing changes as necessary."
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This the first of what will likely be annual cuts over the next 2-3 years, unless WTI price approaches $70+.
Yep so I think after the 23rd people will finally get that this is a huge huge layyoff. I also expect the heat to be turned up with questions as the roll out goes on.
It cascades down. 23rd at the corp level, 28th at the etc level, and so on.
Is the 28th is rom roll out what do you think the 23rd is? Message that rom is 28th?