Thread regarding Chesapeake Energy Corp. layoffs

40% of the workforce to be let go "as soon as possible"

40% of the work force is to be let go as soon as possible considering that, January isn't to far fetched. there are a lot of things about to change and i know i am one of the many 1200 or so who will be in the round good luck to everyone i hope we can all pick ourselves back up quickly ...as far as Doug Lawler is concerned stop spending money where it is not needed or wanted ...start looking at some of your executives and bosses...look at their decision making skills stop punishing your work force for your mistakes and the other bosses mistakes..all we can hope for is better managing skills and for you to stop screwing people over and getting sued millions of dollars every couple of months

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| 3261 views | | 7 replies (last December 29, 2015) | Reply
Post ID: @OP+F88I2VH

7 replies (most recent on top)

I wish 40% of the workforce would let go....on my face..if you know what I mean

Scooter

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Post ID: @3voy+F88I2VH

the meeting was held around december 13th this article gives you a hint at the time frame we are looking at. In this meeting evercore partners stated that if the deal is not done by December 30th 40% of the workforce would have to go in order to operate at all...so believe it if you will or ignore it i am already working on plan B

https://www.kallanishenergy.com/2015/12/16/chk-reportedly-hires-evercore-to-help-restructure-debt/

Chesapeake Energy (CHK) reportedly has hired restructuring adviser Evercore Partners to help it restructure $11.6 billion in debt.

According to an unnamed source, the Wall Street Journal first reported Chesapeake wants to improve its liquidity by cutting its debt through a bond exchange or an asset sale.

“We decline comment,” CHK spokesman Gordon Pennoyer and Evercore spokesman Dana Gorman each told Kallanish Energy.

Earlier this month, Chesapeake asked bondholders to swap their junior debt for new, higher-ranked notes as it grappled with plummeting commodity prices, according to a company statement.

The Oklahoma City, Oklahoma-based company is offering as much as $1.5 billion of new second-lien notes to investors who agree to swap their unsecured bonds, mostly at discounts, in exchange for a longer maturity, according to the statement. The deadline for the deal is Dec. 30

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Post ID: @2jce+F88I2VH

Where is all this information coming from? Back your clam up!

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Post ID: @2mnk+F88I2VH

Yes, you are correct forgive me. I hope that your layoff email will be perfectly punctuated. I also hope it will be punctual and soon.

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Post ID: @2vss+F88I2VH

I think you mean the email will be perfectly punctuated, not punctual.

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Post ID: @1lql+F88I2VH

I am not really in the business of writing emails all day. I have a job that actually requires me to work not sit in an office. Please keep up the pettiness and referring to people as dude. I will work on my "punctuation" for you. I will also be glad to read the perfectly punctual email that CHK will write to lay you off. No worries though, I am sure there will be plenty of openings for someone with such a keen eye for punctuation and that you can address fellow workers as "Dude". I will see you there when i order my burger.

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Post ID: @1hcl+F88I2VH

Dude. Use some punctuation. You'll be the first to go if that's they way you write all your emails. I could hardly make sense of your ramblings.

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Post ID: @1nfm+F88I2VH

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