Thread regarding Southwestern Energy Co. layoffs

Executive cost cutting

One of my contractors called me about an email they got about reducing pricing by at least thirty percent. I might not even have a job in a while and I have to tell them to cut costs. Lolll. Any of the big wigs in Texas reducing their salary and bonuses by at least 30%????

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| 2021 views | | 19 replies (last June 3, 2020) | Reply
Post ID: @OP+15bSc7mi

19 replies (most recent on top)

Agree with last post! Bring back the corporate jets! Our stock is above $3 and I am entitled to this benefit!

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Post ID: @6zzv+15bSc7mi

I think it’s time we fly more people in to Houston on the company dime for useless tit awards ceremonies. That should save some money.

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Post ID: @6qor+15bSc7mi

Keep your chin up, there is a chance that things will turn around. Yes, some people may lose jobs but there are worse things in these times of uncertainty that can happen. Save your money and if you lose your job you will be better prepared to ride it out. If you don’t then it doesn’t make you any better than the one that gets the boot, just luckier. Good luck all...may the odds be in your favor and no need to cyber bully if you don’t like my commentary as I know many are used to childish and mean remarks.

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Post ID: @6ujh+15bSc7mi

I have my brave face on for my kids. As a single parent, this job besides my kids is everything. Thoughts and prayers this week for all of us.

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Post ID: @5auk+15bSc7mi

Who’s ready? I’m so nervous! Don’t know what to expect for my own future. I’ll either be celebrating or looking back and wondering why I took a certain fork in the road.

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Post ID: @5bws+15bSc7mi

I think the town hall is a praise our CEO for successfully guiding our stock from the mid-$30s to $3 and some change on a good day. Not every successful CEO can do that. Kinda like a reverse 1.3 PVI!

For Covid reasons, I hear you have to air kiss his A&M ring or give him a air hug/air elbow. Either must be followed up with the lavish praise too. If not out the door with a white layoff envelope!

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Post ID: @4iey+15bSc7mi

I heard that we may be having a townhall Zoom style mid week. Wonder if this is to announce good news or bad news? Or is someone coming out of the closet?

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Post ID: @4ehc+15bSc7mi

Is anyone besides me expecting a layoff announcement this week? Timing seems right and the buzz seems to indicate such!

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Post ID: @4lem+15bSc7mi

New slogan “I can’t layoff - WJW”! Sound right?

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Post ID: @2qjr+15bSc7mi

Hey everyone! I’m inspired by the power of the current riots and protests! Look at the amount of attention they’re getting! It’s almost like Covid-19 went away. Great news!! I say we form a SWN coalition to protest our poor leadership! Who’s with me? Let’s meet at the water wall! Don’t forget your masks!

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Post ID: @1taq+15bSc7mi

Totally agree it’s like our leadership likes “holes in the wall” or “being on bottom” more than getting our stock price to break the $3.50 ceiling. Anyone, what gives?

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Post ID: @1eoq+15bSc7mi

SWN is on its way to being one of those "hole in the wall" penny stock companies no one really knows or thinks about.

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Post ID: @1act+15bSc7mi

Yes, I had to “settle” for only 3%. I am deserving of much much more, given the tremendous job I’ve done over the last four years. Tremendous. If you only knew. Better than anybody. You wouldn’t believe it.

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Post ID: @1egt+15bSc7mi

Hearing buzz left and right about NG producers stocks being bought left and right to go long. No one really says a things about SWN stock being bought.

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Post ID: @1kdc+15bSc7mi

If you look at the proxy the CEO actually got a 3% raise for 2020.

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Post ID: @1wkk+15bSc7mi

I like that cost cutting measure. What else. Hmm. Sell off corporate jets and layoff pilots! Check! Reduce Nill Pay starched shirt allowance! Not yet!! Let’s go SWN!! This is a call to all employees to toss out cost savings measures to save our “Titanic”! No more layoffs!

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Post ID: @1ept+15bSc7mi

I know how we can dramatically cut costs. Start with eliminating the vendor who supplies Swedish P—-is enlargers for a one Nill Pay. Will be a disappointment to Julio and CC, I know.

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Post ID: @1ncm+15bSc7mi

Should be more like a “Going Out of Business Sale” cut in ALL executive pay and more importantly “bonus and other compensation”. Slash that compensation and maybe save several dozen employees, who are close to the wellhead, from being laid off! What say you executives!!!

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Post ID: @1hsg+15bSc7mi

Look it. If we’re gonna feel the pain of this market cycle then our vendors surely must as well. Too bad so sad. People like me and Julio are high commodities and we earn every penny we deserve, and I’d argue I should get more given the great job I’ve done over the last four years.

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Post ID: @wwd+15bSc7mi

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