Thread regarding Noble Energy Inc. layoffs

What is going on??

What the hell is happening in land???

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| 3141 views | | 6 replies (last April 27, 2018) | Reply
Post ID: @OP+SE9Cd4O

6 replies (most recent on top)

Noble is going downhill? Noble’s already gone down hill. In fact, it’s so far down hill it’s subsea. Too bad they got rid of the GOM, subsea might have worked there.

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Post ID: @fiqm+SE9Cd4O

Most likely the later.

Strategy? The strategy is to continue selling assets and create the illusion of profitability.

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Post ID: @4qhh+SE9Cd4O

They were canned. They didn’t retire. Either knew too much or did something that didn’t sit well with DS.

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Post ID: @3rnt+SE9Cd4O

It's truly amazing the number of quality people who have left the company over the last couple of years. Some were part of the layoffs and were people who were loyal to the company and were good to high performers. Some made too much money (apparently the company doesn't place as high of an importance on performance) and some others they dumped because of age. Yet others were terminated or retired due to new management being intimidated or threatened by them. Like the treasurer who seems to think he knows everything and is here to rescue the rest of us. Finance has lost quite a few people to other companies and some wonder if Marathon might consider a name change. The VP of Land and Marketing suddenly retires and we all know that doesn't raise any eyebrows. Are we on a sinking ship with this group of execs or can they possibly have a strategy that might work in the long term?

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Post ID: @3mct+SE9Cd4O

"Something's happenin' here. What it is ain't exactly clear. "

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Post ID: @2rru+SE9Cd4O

you mean like the top 2 people leaving abruptly? Only suspicious minds would assume that something untoward had been happening.

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Post ID: @psu+SE9Cd4O

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