Thread regarding Range Resources Corp. layoffs

11 replies (most recent on top)

The selection of those laid off seems anonymous... Until you look at total G&A vs Productivity. From what I can tell, they cut positions that were most likely overpaid and under-performing.

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Post ID: @5fpn+ZtcaLMv

The selection of those laid off seems to have been at random...

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Post ID: @4ijw+ZtcaLMv

Had to cut to pay the new COO’s salary!

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Post ID: @4afj+ZtcaLMv

Read how Range Resources really conducts business. Unfortunately corruption and lies are the industry standard.

$3 Million Settlement Revealed In High-Profile Fracking Case

https://www.npr.org/2019/06/04/729370149/-3-million-settlement-revealed-in-high-profile-fracking-case

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Post ID: @3the+ZtcaLMv

Really Range? The older black receptionist? One of your very few black employees in PA? Boy, I’m sure not paying her salary anymore will really move the needle.

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Post ID: @3edk+ZtcaLMv

Does anyone know what department(s) got hit the worst, especially in PA?

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Post ID: @3iob+ZtcaLMv

Big layoff in PA, smaller one in Houston.

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Post ID: @2osu+ZtcaLMv

Anonymous was right it went down this PM nearly 40 folks culled corporate wide, their Pittsburgh office got hit hard. Stock keeps skidding folks are losing their jobs but the CEO still keeps his. Sounds like they took a page from their neighbor Consol!

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Post ID: @2yff+ZtcaLMv

So far the only thing going down is their market cap. Execs and BOD need the scrutiny of the SEC and DOJ. They make Aubrey McClendon look like a candy thief.

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Post ID: @2lmz+ZtcaLMv

Did it go down as planned?

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Post ID: @2ggy+ZtcaLMv

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