Just heard layoffs planned again; Houston plus about-to-be sold BU’s. Lower 48 gas natural gas prices too low, plus cash flow. Anyone else?
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Let some of the field hands go, not the house slaves in HOU.
Bartlesville to be closed due to low performance and increased arrogance. New hires refuse to go there so it appears Bartlesville had reached end of usefulness.
Every team will be cut except Eaglefart and Exploration.
With all the people quitting to pursue other options in the workplace, layoffs won’t be needed. Even though there’s plenty of people with not enough work to do. At least exploration is keeping the coffee shop flush with cash as always.
I heard they are moving everyone to North Dakota
Houston should be trimmed with remainder moved to Bartlesville to lower costs.