Thread regarding Southwestern Energy Co. layoffs

Very bold approach. I like it. Too long has the oil and gas industry overpaid too much. In order to better handle the ups and downs related to commodity prices, a more cost effective work force and low overhead can provide the stability and longevity for an employee and company

Let's face it....$3 has is here to stay. Too many producers bringing on better and better wells. It's not going back higher. So companies need to learn how to budget their capex and overhead costs based on $2.50-3 gas prices. Therefore, I like paring down the salaries accordingly as well as the head count. Get out of those corporate castles, which is all about ego and not about fiscal common sense anyway.

My suggestions:

1. Fire IT and outsource.

2. Fire all PR and government relations people. Outsource and retain a PR/lobby company.

3. Fire all VPs. Fire any manager that makes more than 100k.

4. Set a ceiling for upper management salaries to not exceed 200k.

5. Get out of the corporate building. Sell it or lease out all space. Reduce headcount by 50% at corporate. Move office to an industrial flex office space. One floor.

6. 10% paycuts across the board.

7. Reduce land department by 75%. Contract out field Landmen as necessary.

8. Reduce accounting dept by 50%.

9. Reduce HR by 50%.

I hear ya. What happens if I already returned my packet with my name spelled on it? I mean me and the ball and chain really need that $3400 severince money. I mean I worked there for 6 years and I’d luv to get my job back, but I gotta get that check to pay the light bill... confused up here in Arkansaw.

A anonymous reporter called the 800 number and that may get you a call (it did for me) to see if age/race/gender/religious are consistent with WARN. I think you can get your job back. I would go to work tomorrow.

but who will sell SWN gas as the cleanest form of American Made Natural Gas to TRUMP?