Thread regarding Chesapeake Energy Corp. layoffs

It is time to trim the fat at the top

It is time to trim the fat at the top. The salaries, bonuses, and stock awards are obscene. There are currently 75+ VP's. Land and A&D are top heavy and have long received preferential treatment and as a result they have an inflated sense of entitlement and are very arrogant. Both groups held to a different standard than the rest of the company. And don't wring your hands for any of the execs-AKM made millionaires out of all of them AND his former Board of Good Old Boys That Do What I Want. There's a new sheriff in town and the gravy train left the station. Unfortunately a lot of worker bees will get caught in this round of layoffs.

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