Thread regarding Southwestern Energy Co. layoffs

Are we certain layoffs are coming?

I see a lot of speculation and rumors, but there has been no actual announcement or anything that could confirm it officially from what I can see.

So why is everybody so convinced a major round of layoffs is happening any time soon? What am I missing here?

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| 3397 views | | 11 replies (last May 11, 2018) | Reply
Post ID: @OP+T6aWnWF

11 replies (most recent on top)

Hey 1laq, was Joker on 6 smiling cause his PhD lapdog (fill in the blank here)?

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Post ID: @1diy+T6aWnWF

Well gosh darn. Me and my sister got us some new teeth. That fella in Conway gave us a good deal before we get our pink slips. Glad me and the mrs can get er done cuz we still going out fishin wink wink at lunch

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Post ID: @1oms+T6aWnWF

I thought for sure I was going to be laid off. Nothing happened. This is going to be a great weekend. My wife’s boyfriend has given me permission to buy another pair of fancy Japanese denim bedazzled jeans I that I can wear on my Fridays at the office. I get back swindling vendors into providing me with free vacations , so excited guys!

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Post ID: @1atl+T6aWnWF

Whew so glad the 520 did not happen. I believe our CEO when he said 2 years ago this would not happen again. Guess I will bring back my personal stuff to the office. This will be my home for years thanks to the leadership of our CEO! But can I still take off early today?!

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Post ID: @1azf+T6aWnWF

Me and my millennial buddies are down here in the market talking about this whole situation. We counted the same number of friends that we did yesterday. Can’t believe it. We were counting on 520 of us starting summer vacation a bit early! But here we are, counting our lucky stars that we’re here, in the Market having a duck infused roasted tomato omelette before we get to work for this great company going great places! We even saw the Joker on 6 with a smile on his face! It’s a great day to be a “SWN’er”.

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Post ID: @1laq+T6aWnWF

Yeah, like they’re going to make a major announcement! NOW HEAR THIS! ALL HANDS ON DECK! YOU’RE GOING TO BE LAID OFF!

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Post ID: @olz+T6aWnWF

What is 520? If you’ve been drinking, don’t post to this site!

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Post ID: @akv+T6aWnWF

Shame on whoever started rumor of 520 on the 10th. Please keep fake news and b.s. off this site.

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Post ID: @xnv+T6aWnWF

If a layoff is imminent, it will more likely occur on a Tuesday.

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Post ID: @zaf+T6aWnWF

I retired, but was in upstream oil and gas for 40 years. It’s not your fault; but you didn’t get the training on corporate — code speak ...

Reducing overhead - means layoffs

Strategic review - means layoffs

Consultants - lay offs

Reviewing strategic options for an asset- sell asset and layoffs

Maybe others can add; and not all COrporate code is about layoffs . All this chatter is telling you there will be change and layoffs ( and early retirements maybe) . It’s intentional and I believe not a bad thing ; it allows a veneer of business as usual but suggesting you prepare and don’t be surprised

I’m not sure they can legally come out and say we are going to have layoffs etc. even if they can, they shouldn’t .

I should also say in addition to a question about howbCEO Is perceived by industry. Swn is viewed as being over staffed for activity and size .. for what’s that worth

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Post ID: @rep+T6aWnWF

What are you missing? Besides the writing on the wall?

This kind of thinking is why we are in this mess to begin with. From the top down we chose to ignore the facts and believe our own narratives instead of being objective. Sometimes you are dealt a bad hand, but rather than deal with it we choose to pretend we have great cards.

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Post ID: @jfv+T6aWnWF

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