Topics regarding layoffs at Chesapeake Energy Corp.

Topics regarding layoffs at Chesapeake Energy Corp.

Land managers/supervisors untouched

Does anyone else find it interesting that land cut over 20% today but not a single land E&P manager (6) or supervisor (5) was touched?!? Plus multiple other managers/supervisors in the department. They do zero of the work and get paid 2X as much. ... — read more 

by
| 4161 views | | 9 replies (last September 28, 2020)
Post ID: @OP+170Fwhzy

Doug Did His Best

Cut him some slack. Not his fault prices tanked. He is a strong leader and will come out of this with the company in a better position. Peace.

How many are being laid off?

The media says 200 but some people are saying that the number is much larger. Is there any way to find out? Just to know how worried I need to be today.

by
| 4612 views | | 7 replies (last October 6, 2020)
Post ID: @OP+17092Pis

Pull off the band-aid already

Let’s be real, laying off 15% of the current staff is still not enough especially with impending asset sales. Productivity levels are going to continue to stay low as rumors of layoffs hang around. If executives really wanted to set the company up... — read more 

by
| 3570 views | | 9 replies (last September 18, 2020)
Post ID: @OP+170W9qZ1

Good luck, CHKers.

https://oklahoman.com/article/5671820/chesapeake-energy-to-cut-200-from-its-workforce-friday

by
| 1291 views | | 1 reply (September 18, 2020)
Post ID: @OP+16ZG3T7C

No, layoffs have not started

Yes, there'll be layoffs soon, probably before the end of the month but it has not started today. If it was really a layoffs day, we would have heard by now - whoever's been here for the past few rounds knows this. If anybody has some real layoffs... — read more 

by
| 8911 views | | 24 replies (last September 17, 2020)
Post ID: @OP+16X6y7qS

How is the morale in south Texas

When I left ther a couple of years ago it was said that the New Leader was bringing all this exceptional talent from his previous “employers”...... I only heard of one coming, but he had to be terminated for making “racial slurs” against... — read more 

by
| 3341 views | | 3 replies (last September 15, 2020)
Post ID: @OP+16Vxvvin

VSP

Did they offer VSP to everyone in marketing? Also is it the same as the severance package? Also is it about to be bloody Tuesday again?

by
| 6350 views | | 10 replies (last September 15, 2020)
Post ID: @OP+16KRYzqn

Selling off Assests

2 business units under purchase and sale agreements. Feels more like a Chapter 7 bankruptcy now.

by
| 4375 views | | 5 replies (last September 9, 2020)
Post ID: @OP+16FuUnd4

AUBREY IS STILL ALIVE

Willing to bet AKM is still alive and well, waiting for the right moment to take back CHK! He can easily do it through his sons. If the McClendons were to come back, everything would be put back in place! Including the beautiful Christmas lights.

by
| 2871 views | | 9 replies (last September 3, 2020)
Post ID: @OP+16CyxrA0

Why care

Doug has always said the employees are the most valuable resource. Then he sends out that video saying the majority of us are lazy and incompetent. Sounds like we aren’t that great of a resource. So why care anymore. They don’t care about us.

Massive CHK Layoff

we should be reading about it any day now in the Oklahoman. Bankruptcy will be good. Lean this bloated pig out to a skeleton crew and sell most of the assets. That has needed to happen for years. Work on growth again from a new start, once... — read more 

by
| 4380 views | | 2 replies (last August 27, 2020)
Post ID: @OP+16BtLKvR

Flying Dutchman grounded on sandbar

We bought Wildhorse - made those owners and a few shareholders millionaires and used them like an anchor to keep underwater. Focus on re-entry of existing, depleted wells w/ new casing and latex cement !!!!

by
| 1600 views | | 3 replies (last August 24, 2020)
Post ID: @OP+16xp0PaH

Why so silent?

Where are all the frustrated stockholders and the general plethora of haters?

SEC

https://www.google.com/amp/s/www.proactiveinvestors.com/companies/amp/news/85913

How did Wyoming go from Hero to Zero?

Wyoming was once the hot spot that was going to save the company and now it's considered not profitable. Was it because they spent so much money so fast trying to make it work and then the market crashed from the pandemic and wells were forced to be... — read more 

More attempts to cover up

https://document.epiq11.com/document/getdocumentsbydocket/?docketId=791460&projectCode=CHY&docketNumber=381&source=DM

Financial situation

Not only would management not give guidance for 2Q, but they stated they would not be reporting the results, either. What are they trying to hide? Certainly the results could not have been worse than 1Q. I'll tell you why: they're hiding money, or at... — read more 

Docket 294

https://document.epiq11.com/document/getdocumentbycode/?docId=3689040&projectCode=CHY&source=DM Every shareholder should write a similar letter and sent for consideration.

CHK article on bankruptcy

https://fortune.com/2020/06/29/chesapeake-energy-bankruptcy/ Lies, lies, and more lies.

by
| 764 views | | no replies yet
Post ID: @OP+15PxVXFQ

Start a new thread - post a news comment, question or message:

: