Thread regarding Southwestern Energy Co. layoffs

So no fracking or drilling = no layoffs?

SWN is deep in debt and it's not hard to find that out. You can even go to swn.com and read last quarter 2 billion dollar fail. The top two floors in Conway are now for lease. Another thing about saving money is bullshit. Nobody is a millionaire and the hourly rate is pathetic. What has people worried is the area in Arkansas where SWN is at is backwoods poor. What do they do now? I'm no longer in the business but it is hard to lose a job and healthcare. What do the older generation do? You'll probably go say some dumb stuff like work at McDonald's or Walmart. That would cost an middle class family more money than what is being paid out. Economics 101. There are no other jobs that pay or are hiring in this area. All these people flooding the job market will make it worse. To me you sound like someone in denial and possibly management.

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| 1676 views | | 2 replies (last January 15, 2016) | Reply
Post ID: @OP+Fl4NZjQ

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That remains to be seen, we haven't seen SWN's 4th quarter financial results, looking forward to the next investor call and what the new CEO has to say.

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Post ID: @7ccw+Fl4NZjQ

It's bad but not that bad, we'll be fine and we are doing better than our peers

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Post ID: @nvc+Fl4NZjQ

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