Another round of furloughs and people put on part-time is coming next week at the end of the pay period. Get ready.
10 replies (most recent on top)
Board salary cut by a quarter? So are the annual salaries of workers furloughed for 90 days!
It’s in the proxy statement on Noble’s website.
Board salary is cut by a quarter. Does anyone know how much a board member makes?
Hate to say but NBL deserves this. A lot of wrong decisions, moving into unconventionala, etc. Company is run by ex BP/ARCO friends who are terrible managers, and young NBL's employees who got promoted to management without much experience and have poor technical skill set. Even after lay offs still a way overstaffed management.
When does DS get furloughed?
What are the chances that instead of bringing the furloughed people back the positions are eliminated?
Certainly not the people making the decisions
I've been busy trying to figure out who is worth keeping.
Pretty soon it will only be DS left. He could play basketball, one on one by himself. He would still manage to lose!
I’ve seen signs of this as well.