Thread regarding Pioneer Natural Resources Co. layoffs

SEC filing - public document

PXD filed Form 8-k w SEC dated Feb 21, 2019, lists departing officers, their approved compensation and lists remaining officers.

Only 4 will remain according to this public record:

RD

MB

CC

JH

Google search it. It’s also avail on SeekingAlpha dot com

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Post ID: @OP+Ynvfm2v

5 replies (most recent on top)

But mama said

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Post ID: @pvy+Ynvfm2v

smh people starting rumors out of ignorance for how publicly traded companies are required to operate in the open market...

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Post ID: @hqa+Ynvfm2v

That’s not how it works. Publicly traded companies are required to reveal the compensation packages of their 5 most highly compensated employees. In this instance, it is SS, RD, CC, MB, and JH. Just because there aren’t other names on the list does not mean the rest of management committee has been fired, it just means their compensation is at most 6th highest in the organization and thus does not need to be shared.

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Post ID: @nnb+Ynvfm2v

This is so the investors know how much we save by firing them tomorrow

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Post ID: @mey+Ynvfm2v

Correction. Doc dated 2/27/19 - and it’s on the Pxd website - investor info.

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Post ID: @wkw+Ynvfm2v

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