Thread regarding Southwestern Energy Co. layoffs

2.07! Cover of Penny Stock Magazine

Way and Cronies featured on the August cover of Penny stock magazine! Get your copies here!

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| 2966 views | | 28 replies (last August 1, 2019) | Reply
Post ID: @OP+10e4ZaLA

28 replies (most recent on top)

Who won the arm wrestling contest? As an outsider, I’d assume it was Land with the victory, because as we all know, Land is the lifeblood of the E&P industry, and especially SWN, with all of their “stacked pay potential” plays. Without them, you’d have nothing and would not be able to “crack the code”. 💪🏼💪🏼

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Post ID: @6sme+10e4ZaLA

Who wants to join me in the Market for the inner department fun. This is more fun than layoffs!

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Post ID: @6afp+10e4ZaLA

Howdy! A SWNtard lifer here! I’m confused about whether the Land folks are the real deal. I’m in IT, and I’d like to arm wrestle all the Land guys for department bragging rights, tomorrow morning in the Market! Egg frittata’s on me! I’d invite an HSE person to arm wrestle too, but their former limp wristed “joker on 6”, didn’t raise any lapdogs that are up for the “challenge”. Sleep tight, Land folks!

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Post ID: @6suo+10e4ZaLA

Delusional that Land is safe. Land is why we have a $2.20 stock. Only ones safe are Way and his hand picked leaders! Thank you Mr Way for your leadership!

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Post ID: @6nes+10e4ZaLA

Land is surely safe! We are what makes this industry tick. Without us, you’d have nothing. We’re clearly the brains behind a successful E&P company. In fact, I’m going to buy a new car today because my job is safe! I can just tell the loan officer I’m in Land and they just throw me the keys!

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Post ID: @5nrs+10e4ZaLA

Based on the evidence my coworker and I have seen we believe layoffs will happen no later than August 15th. Best wishes all!

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Post ID: @5qec+10e4ZaLA

Unfortunately, IT is not safe. According to a person I spoke with, several in IT will be let go which they need to be anyway. They are just a couple of s— ups!

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Post ID: @5aag+10e4ZaLA

Layoffs or a re-org after earnings call? Starting to wonder if execs don’t get “retired” and admin groups see a fewer layoffs. Those closest to wellhead will see more layoffs than admin!

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Post ID: @4fyt+10e4ZaLA

Land is safe! If you don’t have Land people, you have nothing. Get real, folks! We are what makes this industry tick!

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Post ID: @3mwm+10e4ZaLA

IT and Land are safe? So is SWN trying to become a high tech leasing agency now? I can see an even spread of layoffs company wide. There’s no more room to drill in WV, so what’s the use for Land. IT? If there’s no one left to push for more advanced analytical software IT won’t survive. Where’s the logic behind these assumptions?

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Post ID: @3jup+10e4ZaLA

Let’s be serious people. These are dire times and layoffs will happen AGAIN!! IT and Land are safe!!! All others will see layoffs!!!

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Post ID: @3her+10e4ZaLA

If you don’t want to get laid off, you at least need to be able to get your head as low as the top of his desk. Good luck!

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Post ID: @3mxb+10e4ZaLA

How low can you go? How low can you go?

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Post ID: @3vld+10e4ZaLA

Well, i guess you can $hit in one hand and wish in the other and see which one comes true. 1.98 now folks. Sorry to say, but layoffs imminent!

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Post ID: @3jkl+10e4ZaLA
  1. 98 this morning ... Some people with second hand knowledge feel like layoffs are certain in third quarter ( before sept 30) unless enough people leave voluntarily ...

I’m outside the company, any talk of laying down rigs? seems ridiculous to drill into this price environment, further suggesting layoffs

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Post ID: @3cac+10e4ZaLA

Hopefully it will not drop below $2. I think if it stays above $2, there won’t be any layoffs.

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Post ID: @3cdk+10e4ZaLA

Could not sleep last night. Layoffs will be rough up here. SWN is a great company so any help will be needed to keep my job.

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Post ID: @3gcm+10e4ZaLA

Just got off the phone with a co-worker. She is certain based on upcoming work that layoffs will happen early August. Neither one of us can be without a job as single parents. Thought we were done wIth layoffs. Oh my!!

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Post ID: @2cny+10e4ZaLA

$2.04

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Post ID: @1ylj+10e4ZaLA

Yup, i seen the plane go to Aspen a few times and wondered “wtf?”. Our leaders just being in it for themselves. Golly gee and stuff.

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Post ID: @1qyy+10e4ZaLA

Go lookup on various website the tail number to our company planes and all the locations that are not ours that money could save jobs instead of layoffs next month. Those planes aren’t cheap but when it comes to layoffs us dedicated employees pay the price with our career and get unemployment with no severance cause we have execs “jet” everywhere

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Post ID: @1fej+10e4ZaLA

The board and Way & Co will continue to milk this company for the outrageous compensation they earn and perks like flying on the company jet, until there is nothing left.

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Post ID: @1hvj+10e4ZaLA

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Well said @10e4ZaLA-lgn !! Way is a joke and poor excuse for a person and a CEO.

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Post ID: @nde+10e4ZaLA

Way tells everyone that they need to ‘own it’ but he doesn’t own anything. He’s a fake and a liar. He’s doesn’t hold himself accountable for sh_t.

Why are we working our a$$es off only to see our shareholder value evaporate. Our CEO and BOD are weak.

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Post ID: @lgn+10e4ZaLA

Please do not expect a good exit package this time.

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Post ID: @yyq+10e4ZaLA

Terminations are confirmed for early August. Way signed the approval. Shareholders are demanding some change. Way doesn’t think it’s his issue at all! I heard it straight from his lips in a meeting. Just changed phones so they can’t track me. Covert ops in practice. Thank you and stay tuned over the weekend.

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Post ID: @all+10e4ZaLA

It is ALL the fault of the NEW management! Great board we have backing them too...

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Post ID: @ars+10e4ZaLA

Once I get my layoff package in early August I will have time to ghost write for this mag on SWN. How a great company went from upper $30s in stock price a few years ago straight to the loo!

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Post ID: @ihe+10e4ZaLA

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