So for those still unemployed or those currently underemployed at SWN, Tis the season. Here is a shameless plug for my ne book (available on Amazon this Black Friday) Great read! Orders yours today for layoff season reading. Shameless plug begins... — read more
Ways favorite holiday
This is ways favorite holiday because he likes to gobble the bird!!!!!!!!!!!!!
R.I.P
Although SWN isn’t quite at the wayside, they should be allowed at this time to RIP. I recommend SWN host visitation with a guest book. I think this site should reflect condolence and fond memories. SWN may you ride high in the sky and we’ll see you... — read more
Who got let go today?
It was coming
SWN beats market estimates for Q3 earnings
According to the Q3 earnings report, SWN’s results beat market estimates achieving an earnings surprise of just under 20%. Although this situation is still far from satisfying, it’s a good feeling to see that the company made some progress. Hope that... — read more
Pack your bags, SWN!
This will validate my plan to finally layoff everyone from the Houston campus.... the company is going to the best place for jobs! Life is good in the northeast. The slaying is second to none... — read more
SWN Debacle continues...
Silly Billy, CC, Q-dog, and other ELT continue to sit back and watch this company continue to implode because of lack of support. We continue to hear in Town Halls that if we need staff to go out and find talent and put together a justification and... — read more
Weighing options.
Just getting out of school, and I’ve been called in for an interview. Don’t know much about the company, but I’m a little skeptical with apparent recent layoffs and so many job postings. The reviews on Glassdoor, and other websites are not great... — read more
Have You Heard? More Uodates!
Stay tuned. I am confirming some things that might be of interest. And no it’s not what new coffee flavor will be offered in the Market
Marcellus assets
Has anyone heard how sales of Marcellus assets are progressing? Will company "V" secure funding before Thanksgiving?
Exodus ongoing
https://boereport.com/2018/09/26/parsley-energy-announces-the-appointment-of-david-dellosso-as-executive-vice-president-chief-operating-officer/
Update update update!
Layoffs are coming! Not fake news!
HR is hiring?!?
Just saw where is SWN is looking for a recruiter who specializes in university relations? Why the f&$@ is SWN f&@!?$& hiring... there is another layoff looming.
Houston
How many folks in Houston are going to be affected with the sale of the Fayetteville?
Winners/Losers
The real winners today were the Fayetteville shale employees. They will be released from their captors that shove safety program after safety program down their throats. Whether they continue employment with the new owners or are severed in the... — read more
The Fayetteville Sold
News reporting Fayetteville has sold for 1.8B
Board is Diverse - Way says so
From IR book — “Board diversity — 37.5% diverse (gender, nationality, ethnicity)” Who cares? Seems to be kinda a stretch to advertise this. Has anyone seen our Board? Doesn’t fall into the diverse discussion on any front.
Layoff Land Administration Folks
That’s right! Keep laying off Land Admin folks and let’s see how SWN succeeds with PO royalty owners who aren’t getting their paperwork done. No, not a good plan. Stop the politics with layoffs. You need a healthy Land Admin team to keep royalty and... — read more
Office furniture
I hear there is going to be a “garage sale” of sorts to purge some of the unneeded office furniture, including those fancy high tech desks and chairs. Anyone have details? Are they selling for pennies on the dollar?
Ground control to Major Tom
So what was the big announcement yesterday afternoon at Corporate ? Hearing it happened, but little details trickling out here to the important people making it happen. I hear my livelihood was bartered for a pack of M&M’s... Someone clue us in!
Leadership
For those of you still left at SWN, i ran across this quote today and it seemed germane to your situation: A bad boss can take a good staff and destroy it, causing the best employees to flee and the remainder to lose all motivation. Happy Monday!
Extra Extra!!
Big Announcement coming Monday am!
This was the big mistake
Houston made the mistake of continuing to invest money into drilling the Fayetteville Shale and purchasing the WV assets when they should have stuck a fork in the Fayetteville Shale 5 years ago and passed on the WV deal. If they were smart, they... — read more
SWN Stock
I really think I will sell a share of my SWN Stock today and go buy myself a cheeseburger. I will not be able to afford a drink by selling just one share but the cheeseburger will be a treat. Personally I blame the downfall of this once great company... — read more
Bankruptcy ?
Any truth to the FS being parted off and having a bankruptcy auction?
Rehiring of older employees
Does Southwestern rehire employees who were laid off before? This does not affect me, but I was curious in general. We've lost some of our best employees in the past several layoffs rounds so I was wondering if they would be taken back if the... — read more
Historic Gas Company
SWN is becoming a historic gas company, something you can boast to your grandchildren; they will definitely pause X-Box to hear your repeated stories about SWN. “Did I ever tell you about the time I lost a lease at SWN . . .”
Quarterly Call
So apparently there was a call today and I haven’t seen any comments or insight....
More layoffs in September?
I've heard from two different sources now that we might see another significant round of layoffs sometime in September. Anybody here knows more or anything about it?
Major turnover at corporate office
Major turnover in the corporate office. I heard some people put in their notice the week of the most recent layoffs. For a company that alleges their core strength is their people, they sure don't seem to care about keeping those people. Yup, people... — read more
BHP sells Fayetteville for $300 Million
https://www.afr.com/business/mining/bhp-sells-us-shale-for-us108b-in-cash-20180726-h137bo
Giving away land in PA
SWN just sold an 11 acre piece of land in PA to the Boro for one dollar, looks like they are getting ready to pull out of PA. They are building a new facility in SW PA probally closing Jane Lew and consolidating both offices (Tunk and Jane Lew) into... — read more
I Didn’t Get Laid Off
I didn’t get laid off. I left before the announcement. I worked with some truly great people. I love my new job but I would go back to SWN in a heart beat if I knew it was a stable company. There are so many people still there now and gone that I... — read more
Count your blessings
For those no longer with SWN, you really should count your blessings and consider yourself luckier than a two di$& dog! Those that are still there are wondering why, and they’re stuck in the cycle of dysfunction. It’s an ELT $hit show up there.
Who is buying us?
Who is buying the Fayetteville Shale? Will the stock rebound?
Sad
Wow, this is beyond sad. Just one look at this board and it is obvious there are very few happy and satisfied employees at Southwestern. Shouldn't that be a clue to those on top that something needs to change and it needs to change now? If they only... — read more
To the people left at the sinking ship....
Get out while you can! You know you aren’t doing any work and wrong way is leading the company to soon become a sinking ship!
Morale Boosters
For the people at SWN, you need to have get-togethers, e.g, pot luck luncheons, longer Friday luncheons, meet together at Bare Backs after work. Start having some fun! There should be lots of space now in the office. Have a wine and hors d'oeuvres... — read more
Golden Parachute
Before you get all sour grapes, just remember that SWN gave all yall (and in 2016) pretty good packages. Try working somewhere else and see what you get when asked to leave. So those at the top may be preparing their bigger and brighter parachutes... — read more
What exactly is our current business strategy?
Is it how to go out of business intentionally? There is no other explanation that would explain the latest moves that I can think of...