Stock is hovering around $140 and it has been that way for over a year. Only think propping up the stock is the balance sheet. The street doesn't care about the layoffs. SS turned the company into a s***show and it is now time to complete the... — read more
The layoff is not completed
Demotions in grade and associated pay are just around the corner. Watch out if you are not busy. You may receive the no package separation package.
So let us think on this, what If an Exxon , Chevron, or Shell buys Pioneer? What are the next steps?
They will look at performance reviews relative to Pioneer and then relative to their own organizations training and development program. They will look at the schools and the academic records. Finally they will look at the oilfield service companies... — read more
Reality
Truthfully I read here that the line is: "We will come out stronger" for those knocking the disgruntled. How much growth is there in a company that has ALL its assets within 150 miles of each other? We will NEVER need more people, without that need... — read more
Oil Down Again
Currently at $51.46, down 3.78%. Keep that resume up to date.
Coincidence....?
Layoffs seemed to avoid people from NAU and UK. Baylor and BYU got hammered. However NAU is the equivalent of university of Phoenix online. Why hold onto the elf’s crew? So in 6 months when performance and results have failed to improve please follow... — read more
Disgruntled
Anyone else getting ready to abandon ship after the June “thank you” check?
Thanks, I'd like my stuff back....
As if learning your job would be elimnated and escorted out the building without your personal stuff wasn't bad enough, getting it mailed to you where most stuff is missing or broken is just flat out WRONG! Half my stuff is either broken or missing... — read more
Oil Down Again
Currently at $56.47, down 3.98%. Will it stop above $50?
What really matters
All the speculative chatter about divesting and buddy butt kissing is great. But what everybody really wants to know is what happened to the Fritos.
Truth about buddy system
If you want to know what happened at pioneer and their fair layoffs, this old post tells it all: Those who had their lips firmly planted on the higher ups butt cheeks coincidently made transfers to protected positions before news of layoffs began... — read more
Who cares!!
We all know that Pioneer will be sold. We are just waiting on when. SS will get the best price and we will get great Packages! Enjoy the ride!!
Does anyone’s boss know what is going on?
Seems that everyone is in the dark. The managers seem to be in the dark too.
Quitting
For those that survived and still complaining, please quit and leave already. Those that are staying and still want to work, don't need your bad mojo. So you didn't get the severance, boo fcuknig who. Atleast you still got a job. Ask those that got... — read more
Used to be a good company...used to be the key words
I worked there for five years. Got a text while on vacation that my severance package was being mailed to me. Phone remotely wiped, can't get to personal items in my office. No way to treat loyal employees. Glad i got the package!!! My department was... — read more
Who Will want to work at Pioneer after this?
No matter how much in a bad position the company is in and no matter how many layoffs happen, the companies in our industry are always in demand for workers, especially field guys and contractors. I can’t wait to see who will accept a job at Pioneer... — read more
Long article n DMN today
Pioneer slashes jobs at home and in the Permian, putting Wall Street ahead of people https://www.dallasnews.com/opinion/commentary/2019/05/24/pioneer-slashes-jobs-at-home-and-in-the-permian-and-wall-streets-not-impressed
Age discrimination is out of hand
Just look around you - what's the one thing you notice? The faces that are looking back at you are getting MUCH younger after every layoff, and older employees are few and far between. Is there really nothing to be done about this? It's certainly not... — read more
Extra $$
For those of us who do NOT plan on being here much past march award the august extra bonus doesnt matter. Extra paycheck is okay though
Well, I'm still here
I just wonder for how long. I'm 52, so I know my days are numbered. In all honesty, I wish I was among those laid off. At least they know where they stand and what their next step is going to be. I just tuck again - not knowing what tomorrow will... — read more
Communications Team
What happened to the comms team? They still around?
The oil industry is turbulent, but therćs no excuse about the way it was done
Excuses are easy to find and the industry is pretty turbulent, especially in today’s economy. I can understand that, but nobody can tell me it needed to be done in this manner. Were cut’s in this degree really necessary?
The Proof is in the pudding
It seemed like pioneer might be headed in the right direction. There were definitely too many employees but the people that have been making all the wrong stupid decisions remain with the company. The problem went from quantity to quality. The... — read more
so what was in the package?
does anyone know what the severance package consisted of?
Where to now?
How are things looking for people over fifty in our industry right now?
Feeling like a red-headed stepchild
Did you notice that news are all over the Ford layoffs and we barely got a mention in the past two days? I understand that Pioneer laid off fewer employees, but still, layoffs are layoffs. I guess we are not as interesting or as attractive subject to... — read more
Today will be strange
Walking into the office to find people I worked with for so long gone... I'm not looking forward to it. I guess survivors guilt is a real thing. I truly wish all the best to all of those who were let go yesterday. May you find a better job in a... — read more
Taco Diner in Irving
Pioneer folks drinking shots! Got the package and an offer all in the same day!!!
25% Cut - Pioneer Natural Resources cuts 230 in Irving, West Texas
https://www.mrt.com/business/oil/article/Natural-Resources-cuts-230-in-Irving-West-Texas-13868030.php
My best to everyone affected
I've been there and it's not fun. But you will come out better and wiser for this experience.... even tho it doesn't seem that way right now. If you work in oil & gas you're going to be laid off in your career... maybe multiple times. It just goes... — read more
Posts with recent replies ONLY
I guess some of us can use this tip: See only posts that recently had replies - Big Blue Button Below (BBBB) For new folks here, there is a large "ACTIVE" button right above the first thread - you can use it to see what posts had recent replies... — read more
Schizophrenic
I was leaning towards wanting the package. I got it (and was surprised), and now it hurts like hell now that it's real. Many good friends were made here, and for the first 5 years of my career it was incredible. Unfortunately the last few haven't... — read more
ttps://www.dallasnews.com/business/energy/2019/05/21/permian-giant-pioneer-natural-resources-cuts-workforce-25-inmove-slash-overhead
ttps://www.dallasnews.com/business/energy/2019/05/21/permian-giant-pioneer-natural-resources-cuts-workforce-25-inmove-slash-overhead
Thanks PDX
Thanks for the 6 figure payout. I'll take it. Peace.
What could be the number of laid off people today?
As far as I can tell this is turning out to be massive. Any Idea how many people were let go today. Did any number circe around today as a rumor? Any way we can even determine this number. I know, of course, nobody is going to officially announce... — read more