Topics regarding layoffs at Chesapeake Energy Corp.

Topics regarding layoffs at Chesapeake Energy Corp.

Who cares? Noone knows crap

Who cares? Noone knows crap. Let it go until we know something concrete. We know 80% is a BS number, especially in plays that are labor intensive. Anadarko is big on field offices, chesapeake isn't. Will we start to see a big transition that way?... — read more 

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Post ID: @OP+rk1xXFo

Disregard the 80% figure.

Disregard the 80% figure.. That is bogus. No one is losing a % that high unless your dept is worthless like corp development. Scientists to this day are still trying to figure out what those guys do/did... Just one of the many 8th Wonders at... — read more 

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Post ID: @OP+rkN2wSY

That's why that was ridiculous

That's why that was ridiculous. Some areas are just still busy because of the focus to liquids ex. Eagle Ford, Oklahoma, Ohio, Marcellus South & Wyoming.

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Post ID: @OP+rkENrc2

Uh, ya...

Uh, ya.... Thanks for draining any credibility that was left from this message board.

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Post ID: @OP+rkwHDXq

Chesapeake Energy’s corporate restructuring has lead to layoffs in the company’s busiest hub of its Pennsylvania operations– Bradford County....

Chesapeake Energy’s corporate restructuring has lead to layoffs in the company’s busiest hub of its Pennsylvania operations– Bradford County. Last week Chesapeake’s newly appointed CEO Doug Lawler announced the departure of four top executives. The... — read more 

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Post ID: @OP+rjZsuvu

So sorry to hear that

So sorry to hear that. Did everyone see we have our first Lawler Anadarko hire as Dixon's replacement.

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Post ID: @OP+rjeZPUz

Im really Sorry to hear that

Im really Sorry to hear that. Keep your head up my friend. You don't know what's around the corner. Stay positive. What department were you in? What office?

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Post ID: @OP+rjA1WFN

Not interested in speculation

Not interested in speculation. Just interested in news, what's actually happening.

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Post ID: @OP+rihe8Q1

Nobody has any real information

Nobody has any real information. Everything is pure speculation, like it's always been at CHK. The people who are in the know probably aren't too concerned with posting their thoughts on this site.

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Post ID: @OP+riEVpIW

Of course not

Of course not. Go find a job now if you are worried.

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Post ID: @OP+rig8RVI

Has nothing to do with cheaper or efficiency

Has nothing to do with cheaper or efficiency. The in-house guys put up much better numbers at a better price. The problems is that you carry them as employees. That is not something shreholders want to see.

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Post ID: @OP+ribbNTd

It all depends on cost

It all depends on cost. What would be beneficial to hiring brokers and training them on proprietary programs so the can bill $100-$200 more per day. If its cheaper to use in-house or company field landman then there is your answer.

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Post ID: @OP+rht6VGK

Tell me how many companies utilize in-house landmen instead of huge teams of contractors to do their fieldwork at an overall cost savings to...

Tell me how many companies utilize in-house landmen instead of huge teams of contractors to do their fieldwork at an overall cost savings to the company. Land has to be cut, everyone knows that. The question is do we get to continue on the old... — read more 

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Post ID: @OP+rhfSvmI

40% of LAND is a little much to say the least

40% of LAND is a little much to say the least. Maybe 400 total company wide. All that leasehold didn't just go away overnite. They still have many JVs and VPPs as well as core areas to drill while still needing to boost production yoy. Nope, LAND... — read more 

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Post ID: @OP+rf6YPZJ

CHK to be wiping their hands clean by years end

CHK to be wiping their hands clean by years end. Just the beginning of more cuts to come. All skilled jobs that are no longer needed due to new business strategy will be cut. Why do you think Carl upped his stake to 10%? He knows it, I know it, and... — read more 

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Post ID: @OP+rfF5LFa

CHK to be wiping their hands clean by years end

CHK to be wiping their hands clean by years end. Just the beginning of more cuts to come. All skilled jobs that are no longer needed due to new business strategy will be cut. Why do you think Carl upped his stake to 10%? He knows it, I know it, and... — read more 

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Post ID: @OP+rfqY6br

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