Venoco to Explore Asset Sales, Could Result to Layoffs

Ed O’Donnell, the Chief Executive Officer of Venoco Incorporated, an energy firm from Denver, reveals that the company is attempting to explore the asset sales that could result in the layoff of its employees. The Venoco operates oil and gas in California and employs around 360 workers at various branches including its headquarters in Denver. Although the CEO O’Donnell hesitated to give out details on the assets that may be sold or the number of layoffs, he said that the company has notified the employees of possible job cuts.

Read the full article here:
Denver-based Venoco explores asset sales, says layoffs could result

The post Venoco to Explore Asset Sales, Could Result to Layoffs appeared first on LayOff Watch.

Career Connect (From our other career blogs):

Employment News (Sponsored by EmploymentSpectator)
Following Your Passion-Literally! (Sponsored by iamnotastalker.com)
Job Search Advice from the CEO of TravelingCrossing (Sponsored by aharrisonbarnes.com)
Layoff News (Sponsored by LayOffWatch)

Testimonial of the Week

What I liked about the service is that it had such a comprehensive collection of jobs! I was using a number of sites previously and this took up so much time, but in joining EmploymentCrossing, I was able to stop going from site to site and was able to find everything I needed on EmploymentCrossing.

John Elstner Baltimore, MD

+ Read More Testimonial

Only TravelingCrossing consolidates every job it can find in the domain and puts all of the job listings it locates in one place.

We have more jobs than any other job board.
We list jobs you will not find elsewhere that are hidden in small regional publications and employer websites
We collect jobs from more than 4,429,376 websites and post them on our site.
We are private, and therefore far fewer people are applying for the jobs on our site than are applying for those on public job boards.