Around 300 corporate office and field staff have been let go this week by Penn West Petroleum. – the new execs are trying to control costs and are cutting staff to reduce payroll costs. The Calgary-based oil/gas company said last week that the total... — read more 

Another round is coming in July

The issues are rampant in pretty much every segment of work that Penn West does, cannot avoid it and we have to face it. I heard about multiple layoffs coming in 2013, things will happen in waves and very quietly, the first wave will include PW folks... — read more