Tough scene on Energy Drive this week! Happy New Year! Not so happy layoffs! Good luck everyone.
Ssshh PA Company May Buy Us
If a smaller PA based E&P buys us in 1Q will we get a chance to relo? Asking for my Spring friends!
Less than 2 weeks
Less than two weeks remain until the mass layoffs. Some colleagues say that we should look at things positively, that is, we should be happy that we will finally be leaving this company. It doesn't comfort me because I’ve left my best years here and... — read more
Bonus Today
I know what I am gonna do with the bonus that was dropped in my bank account today. Do you know what you will do? Thank you Chairman and CEO Bill Way!!!
Land kick backs
What happened to the investigation of the kick backs paid to members of Land from Purple Land Management, Holland Land, Percheron, Western Land Services, TS Dudley, Honor Resources, etc.?
Anyone hiring?
I have become highly expert at making PowerPoint presentations. I have successfully turned horrible news into favorable results with many years of PowerPoint training. I have presented to many levels of management, fooling the brightest with my color... — read more
Sunday Night Move Notice
Got an email tonight by mistake as my name is similar to another in the address book. With HP moving to Houston, we are moving out of Spring in mid 2021. They are paying a premium in cash for our building. Moving all tenants out. Betting we all have... — read more
December Update
Been told that this week supervisors can layoff up to 2 people from their team if needed. No quota just a little preemptive housecleaning. Thinking is to cut loose low performers to save some bonus money. Makes sense. This does not change the fact... — read more
Bookmark This Thread For January 2021
This is a good news bad news thread. So here goes: Good news is no layoffs in December. Bad news is layoffs in January 2021 will be eerily similar to 2016 layoffs both in scope and scale. I made it this far but.... Good news is severance... — read more
Cyber Monday! Oil and gas companies!
Extra! extra! Read all about it! There is a fire sale going on and SWN is at the top of the list. If you’re interested in purchasing a “poor to very poor” performing oil and gas company that is starving for leadership, innovation and adequate... — read more
Post Thanksgiving News
Check back here after this week. I know of at least 6 people (yes current employees) that post to this board and they have collectively figured out where we will pivot to in 2021. Btw, I am not one of those 6 and yes my paycheck says SWN on it. See... — read more
Did we lose over 3 billion in the first 9 months
I was just told Southwestern had a net income of minus 3 billion in the first 9 months, that included operating losses of over 2.6 billion. If this is true, bankruptcy must be just around the corner.
Lunch with Way
I’m posting this as anonymous, but I’ve read a lot of “parody” on this news forum about Mr Ways issues associated with the washroom. Well, I’m here to tell you this could be true. This past week he and I met some potential business partners who were... — read more
Post Election Update
It is highly contested about when the final round of 2020 layoffs will occur. Most want it by mid December. A few new leaders want it to be in January 2021 to be a kinder gentler new SWN. The list of individuals to be laid off are set and it’s... — read more
This was to be expected
With Exxon, Chevron and Shell having major layoffs - among many others - it was to be expected that we would follow suit. The downward spiral of O&G (with Covid-19 playing its part) has the majority of huge corporations implementing “cost effective”... — read more
Layoffs underway!
I’m in the northeast. Several folks already let go this morning. Walking out with white envelopes/packets. This isn’t good.
Layoffs before Halloween!
I’m hearing from a reliable source in the organization that a significant event will be happening prior to Halloween. This could me a severance packages for several key individuals in middle management and some of their team members. The scenarios... — read more
Nov 20 Layoffs Today!!!
Not the largest layoff we have had but some layoffs occurred in NE this AM. Mostly IMHO underperforming or not meeting expectation employees. Not a shocker but it’s another layoff feather in his cap. Expect the same in Spring too BTW! — read more
PENDING ANNOUNCEMENT
Early next week will be a “step change” or a “pivot” for us. It may be layoffs or it may not. It may be a newly retired exec or a shuffle of high ranking leaders or not. Perhaps the BOD changes or a merger is announced or not. A certain little bird... — read more
Bill in Houston fired?
I’m up on the rig in PA, but did I hear correctly the great news for our company? Did the head guy Bill get released? Finally we can realize our full potential! Hip hip hurray!
Possible Olympus and SWN Merger
Hearing from my network here in PA. This merger would mean consolidation to PA. Good news for us up here!! Jobs loss would be in Spring. No wonder why the commercial real estate broker is heavily marketing Spring office.
Pay for Parking?
What is this I hear about putting a new policy in place to have to pay for parking at the Spring office? WTH? If this is a stunt to get people to quit prior to being furloughed or laid off, it’s not funny!
Part Time Or Furlough
BOD is reviewing a plan to move X number of Spring staff to part time or furlough until year end when new leadership team will determine who stays and goes with MR staff blending into new org. This gets around more “layoffs” for now but....
why do good people disappear from SWN?
Has anyone noticed that talented, professional, accomplished people who join SWN almost always end up disappearing in the middle of the night? What is going on at a company where experienced geologists, engineers, government affairs people... — read more
Are layoffs done?
I know there were some layoffs last week Thursday, but from what I can gather it was a really small round. Can anybody confirm that it's over, at least for now? Or should I worry about more such "mini-layoffs" continuing indefinitely? Honestly... — read more
Layoffs Thursday is what I’m hearing.
Can anyone confirm? Locations? Numbers? Very nervous camper here in Spring!
Layoffs on hold - Way up for humanitarian award
Great news, everyone! There will not be layoffs until after the storms pass. I repeat, no layoffs for a while. Our great leader and Chief Pl.. er uh Executive Officer is up for the Greater Houston area “Leaders of Humanity” award as well. Only makes... — read more
SWN layoffs
What's the SWN count for the recent layoff? They axed several higher up people at MR a couple months ago.
More Layoffs For SWN Being Planned
Already talk of keeping more MR staff than us as they are more technical and competent. Unbelievable if this can be confirmed. I have a college buddy at MR and they are hearing the opposite. What????
Bankruptcy
Will SWN file chap 11 bankruptcy?
What will next weeks layoffs look like?
I’m hearing through the grapevine that it’s likely next week and that they will look a lot different than previous layoffs with a lot fewer “perks”. Can anyone in the know share please? This site is anonymous so you can’t be tracked. Thanks in... — read more
What Is BOD Waiting For
After that joke of an analyst call yesterday with the typical corporate bull shiitake gibberish by our floundering CEO, the poser of a COO and the complete joke of a CFO, what is the BOD waiting for? Layoff this non PVI talent. Save SWN!!!!
Major industry turmoil! Why not us?
Ok, I’m depressed. Another “peer” company is going to be bought by Chevron, in case you haven’t seent the news. Why can’t it be us? I feel like the lonely, ugly girl at the sock hop that nobody picks to dance with..... what is wrong with SWN that... — read more
Is This The Week?
Is this the week we shed some non contributing individuals from the NE? Hope so cause it’s a joke up there!
Update update! Layoffs
Here’s the deal folks. It will hit you like a ton of bricks, but here it is. If you have not yet been invited back to the office to recommence work, you have unfortunately been laid off. That’s it. Please return company owned equipment to 10000... — read more
Worst Kept Secrets
Worst kept secrets (plural) are layoffs coming this week or next AND upper management re-org/retirementS! All this to occur before next BOD meeting.
Innovator of the Year!
Wow, just wow! Our CEO is up for another award this year - Innovating Leader of the Year! I can’t believe I work for such a prestigious company! Two years in a row, this guy takes home the hardware! It’s obvious with all of the ideas he’s... — read more
SWN Jobs Do Matter
What does SWN Jobs Matter mean to you?
Is today the day?
I think I’m getting laid off today. I just have a feeling. Layoffs are never good, especially when you bust your a$$ for something and it isn’t even recognized by anyone. But raises for executives I’m sure. Wow, this once bustling company of nearly... — read more
Return company equipment?
Does anyone know the address where we return computer equipment for being laid off? What do we return and is work supposed to provide the shipping label? I didnt see any info. about where and what to return for work equipment in the severance... — read more