JoSandridge. Your somewhere between wrong information and made up information. You may have one disgruntled employee who is feeding you information. If that is the case your source has an isolated opinion that is not widespread in the company. Most employees are NOT voting at all. I heard of a few voting white, though that has no effect anyway. Most employees at SD now were not with the company when it was at very high levels. The average years service is probably about 3 years which is not too surprising given the total age of the company. Most employees do not want TPG to win because the stock price has little effect since most of their shares are unvested and a paycheck of course is worth more.There has already been a layoff with the permian divesture and a very large number of employees already quit. At the moment many operational departments are understaffed due to turnover. There is no expectation of immediate layoffs if TPG wins. The people quitting are fed up with some of the nonsense as described but many more quit because of the permian divesture and because Devon is hiring a lot due to their consoldation in OKC.
Either way the vote goes, there are going to be lay offs. SD employees I have talked to, are looking for new jobs. These people bought SD stock way higher, some at the IPO price. They figure the only way to recoup some of their losses is by a change in management. They know they are going to lose their jobs and have voted green. The kool-aid is getting a little stale in the words of one employee.
When i was an employee of an Oil co. I bought stock in the co i was working for. My shares were voted with management of the fund, which was selected by the Oil co. Who inturn votes for the current management.........You wouldn't be trying to Bullshiet an old Bullshieter would you???