Thread regarding Rice Energy Inc. layoffs

What we know:

We all know layoffs are coming... here is a post where we can compile what we know and rumors we have heard at the office regarding the layoffs.

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| 2655 views | | 6 replies (last August 23, 2017)
Post ID: @OP+OToqcH5

6 replies (most recent on top)

its actually quite funny how many people feel entitled.

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Post ID: @1qfs+OToqcH5

it has not been communicated to us, unless i missed something. everyone is still guessing how much of a severance if any will be given.

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Post ID: @1gci+OToqcH5

It's been communicated to us, in writing. They can't back out of that at this point. The resulting lawsuits would cost more than the severances.

I'd be really surprised if they only take 20% of the employees in our department. The employees themselves are already only 30% of the people doing the work.

But I agree. Let's get this show on the road already. The waiting is killer.

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Post ID: @1lyr+OToqcH5

severance this severance that, there is nothing in writing that states a severance!

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Post ID: @1oas+OToqcH5

I have heard that maybe only 20% of rice folks will land at EQT. So if they layoff 80%, then they will have to file the WARN notice w the state. That will be posted online and indicate how many will be affected and when. The warn notice needs to be filed 60 days in advance.

Good luck to everyone. I have a feeling that 70-80% are being fired. Thankfully the severance packages are very good.

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Post ID: @1fdr+OToqcH5

Thanks for posting this. I am grateful and thankful that Rice was thoughful in the generous severance package that has been offered. It is a blessing as many people with other companies are not even offered one when faced wih a layoff. However, i will admit I am going a bit nuts pondering the possibilities and wish they would rip off the bandaid. I hate being in limbo. I know nothing and only rumor iI have heard is that they might layoff EQT employees as well. Best wishes to all.

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Post ID: @qdq+OToqcH5

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