Whiting is going bankrupt. You know it, I know it, everyone knows it. What Holly is doing is promoting young, ambitious mangers, as a way to make loyal friends. Once Whiting shuts down, the young, ambitious managers will be hired elsewhere. Old... — read more
Topics regarding layoffs at Whiting Petroleum Corp.
It's been quiet for the past week or so, which left me wondering if layoffs at Whiting are done for good? Okay, let me rephrase that: if this round of layoffs is truly over? I know we'll be looking at more cuts down the line sometime, but can we... — read more
Just sharing two media coverage articles: Media Coverage Whiting lays off 254 employees, won't say how many are in... — read more
Whiting only has a few more years left in existence. After that, those guys are back in the job market. The Golden handcuff stock options and grants they have will expire worthless or nearly worthless. When they get back on the job market... — read more
Your Meritain account will be closed 60 days after your last day. File claims before then or you will lose the money in your account.
A couple investigations on Whiting regarding production forecasts. They list links if you have information that could help them or if you're a shareholder with... — read more
I worked at Whiting and was cut before this happened. Now I'm glad because I got out ahead of this and landed another decent oil and gas job. There isn't nearly as much out there now as private equity is starting to tighten the purse strings. My... — read more
This is an old saying from Wall Street. In a bull market, one with high oil prices, one can make money through prudent development and growth. In a bear market, one with low oil prices, one can make money through cutting down on new drills... — read more
Will Whiting be packing it up and allowing them to pick it up? It's a very low class move on Whiting's part to lay people off and not allow for them to pick personal possessions. I imagine Whiting would have to give back the possessions some... — read more
Is it just me, or does it seem that people who have been laid off are primarily in their late forties and fifties? Not to mention, majority of the ones I know who've been shown the door are among our best employees. It almost seems like this was... — read more
Can we expect more layoffs today? Especially in locations that have not been impacted so far?
I’ve met a couple folks from Whiting, and can’t say they left me impressed. Several seemed to have been promoted a couple clocks north of where you’d typically have found them in their peer companies. And lots of negativity surrounding the current... — read more
250 out across ND and CO. All of TX gone. Going floor-to-floor with no warning this morning.
It seemed like there was a lot of hiring happening and now there’s layoffs? What gives? What changed?
I got laid off after over 10 years. As for who I saw get let go it seemed in Denver to be senior people (redlined on pay) and people who you would really want to hold onto if you intended to be an ongoing business but not if you are parting it... — read more
Dad headed out to work more nervous than usual, and I see somebody here mentioned possible layoffs (he certainly didn't share that with us) so I'm wondering if that might be the reason... Has anything happened so far? Any info on locations? No... — read more
There was word on the street that he had done these things, even before he got hired at Whiting. I am not surprised that Whiting hired another corrupt sleezebag.
Turns out a manager was taking expensive gifts in exchange for awarding contracts. There was a scandal a few years back where a manager was in with an employeee who bought lots of personal items on company reimbursement. A very corrupt company. We... — read more
30 employees got cut this week. I feel bad for all that have fallen and the way Denver sends the axe is absolutely degrading and cowardly. Give the people who we have worked beside for years the dignity of a heads up and a face to face, instead of a... — read more
What are everyone's thoughts on the "asset team discipline managers". First of all I love how they create positions just to advance people I am guessing they know how to do extra favors. Second how are people that bust our asses off going to get... — read more
I am guessing the BIG news that is going around is promoting people who can swallow because that is what this place needs is more management.
So who all heard any new rumors lately with all the closed door meetings in the WC office lately
Computer models are showing a 47% probability of bankruptcy in the next two years. I personally think the chance is much greater. See for yourself here: https://www.macroaxis.com/invest/ratio/WLL--Probability-Of-Bankruptcy "Based on latest financial... — read more
'Benefits Administrator?' You mean layoff package administrator. https://whiting.wd1.myworkdayjobs.com/en-US/external/job/Denver-CO---Corporate/Benefits-Administrator_R0000361-2 — read more
Half of Denver office needs to go. In the field we work our asses of and we are in need of even more help. Office sits on their a-- and makes $150k to $300k for any technical position and just try's to make things more complicated so they can get... — read more
Supposedly from a reliable source (for what that is worth). If anyone else is hearing details, please share. It would be good to know when it's happening.
A. B--chy B. Bankrupt C. Black employee's lives matter D. Backward — read more
No way anyone laid off will get hired in the next 5 years.
That is all.