Thread regarding Denbury Resources Inc. layoffs

Lay-off Much?!?

Hearing grumblings about more layoffs.

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Post ID: @ZrYYGyk

8 replies (most recent on top)

Each time we have hit this low in stock price we have a RIF or some sort of reduction....any word of that happening before the town hall ?

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Post ID: @ZrYYGyk-Qryl

Layoffs started at Noble Energy today

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Post ID: @ZrYYGyk-cdch

With the moral level being where it is, and then top it off no LTI?!? July and August shall be interesting to watch.

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Post ID: @ZrYYGyk-6jlc

I doubt there will be a lay-off in the near future but I have doubts there will be an LTI grant this year due to stock price. Anyone disagree?

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Post ID: @ZrYYGyk-4kak

Whoa! What happened? $500MM? Anyone care to share?

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Post ID: @ZrYYGyk-3zbx

I wouldn’t mind letting some of the legacy personnel volunteer for early retirement :)...

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Post ID: @ZrYYGyk-3iov

Denbury has had layoffs since oil prices crashed in 2014, in which we laid off at least as many as Pioneer during their recent layoff (the only one they had in that time frame).

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Post ID: @ZrYYGyk-2dsg

Pioneer had 27% laid off this year including early retirement packages. Odd with this being a "good" oil price year in comparison with the last few. They might be positioning for a sale or large merger though so I wouldn't say layoffs are needed across the industry

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Post ID: @ZrYYGyk-1bmi

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