This titanic was steered straight into the iceberg by... Part of the success the company had was through pure dumb luck and the shale revolution. Pioneer Natural Resources is offering voluntary separation packages to employees, but expects firings will be necessary We want you to thrive here, and we’re proud to offer the resources and the environment to encourage you not only to grow in your career, but soar in it. By signing up you agree to our privacy policy, Stand with us in our mission to discover and uncover the story of North Texas.

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The coronavirus pandemic and resulting lower demand and lower commodity prices led to the planned staff reductions. We want you to thrive here, and we’re proud to offer the resources and the environment to encourage you not only to grow in your career, but soar in it. Let’s say, we all have 50/50 chance, and the outcome is out of our control.

Information about your device and internet connection, including your IP address, Browsing and search activity while using Verizon Media websites and apps. We'll assume you're ok with this, but you can opt-out if you wish. Company News, Crude Oil, Infrastructure, Natural Gas, News, North America, Unconventionals Glassdoor has 239 Pioneer Natural Resources reviews submitted anonymously by Pioneer Natural Resources employees.

1200-1500 employees by Christmas Simply a matter of time.

If you want the layoff package, email or call HR.

Pioneer even quadrupled its dividend. The company's revenue topped $9.4 billion in 2018, an increase of almost 73% over the previous year. — 

Get the latest headlines delivered to your inbox every weekday. But, he added, “there will be many bankruptcies in our industries and tens of thousands of layoffs over the next 12 months.” Pioneer closed down $9.62 today or 12% at $70.24. Parsley with about 500 workers is looking to trim about 10%, it said, citing unnamed sources. Read an article dated last month saying layoffs will be concluded by next quarter. Pioneer will leave Corp... I think it is cruel how early they announced this without the slightest hint of transparency.

News, personal experiences, rumors and speculations about layoffs at your company.

The company, which posted a net loss of $439 million for the second quarter, cut 50 jobs earlier this year in response to the crisis.

Midland Operations - 30% —  Remember this.

The study also discovered that after layoffs a... Drilling (some top levels affected) - 45% One just doesn’t care how much effort he puts in. —  Managers and supervisors are in the dark and IF they... read more. PXD will be left with the braindead, low hanging fruit who just want a free lunch out of their careers. To enable Verizon Media and our partners to process your personal data select 'I agree', or select 'Manage settings' for more information and to manage your choices.

Restructure has begun.

read more, Sadly, Pioneer has become the place you join if you want your career to die. Shale oil producers Pioneer Natural Resources and Parsley Energy are planning to trim staffs in the coming days, after posting second quarter 2020 financial losses, Kallanish Energy has learned.

Parsley Energy plans to cut 10 percent of all 496 jobs it has created. TheLayoff.com is live since January 31, 2009! Your fate decided. Pioneer is one of the companies that are already laying off staff.

Should... We and our partners will store and/or access information on your device through the use of cookies and similar technologies, to display personalised ads and content, for ad and content measurement, audience insights and product development. Any new happening so far this Monday? In this case, they were necessary to both align our cost structure with our business strategy and to create value for our shareholders over the long term," the company said. Commented this but figured I'd make it a topic. —  Pioneer Natural with about 2,300 workers declined to say how many workers might be eliminated, it said. Read employee reviews and ratings on Glassdoor to decide if Pioneer Natural Resources is right for you. Middle management read more, Pioneer is a great company. Besides HR what department has had cuts??? 8 Questions You Should Absolutely Ask An Interviewer. If you want the package have a respectful conversation with your boss.

How to Answer: What Are Your Strengths and Weaknesses? — 

They are only the latest additions to an already strong trend across the industry: the Texas Alliance of Energy Producers said earlier this year job losses since February exceeded 41,000. Pioneer Natural Resources Co. single match on 401K will stay News, personal experiences, rumors and speculations about layoffs at your company. False. —  To assist you. HR - 33% (already happened)