Did anyone get exceeded expectations this year and how are the bonuses looking?
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Topics regarding layoffs at Chesapeake Energy Corp.
No quotes this week!!! How am I supposed to get my daily inspiration?
WildHorse Resources Management Company, which is being acquired by Chesapeake Energy Corporation, is laying off all employees at its Houston headquarters, according to a letter dated Dec. 13, 2018 sent to the Texas Workforce Commission (TWC). All... read more
Rumors are flying around that Wildhorse Resources is interested in merging with Chesapeake.
This group is in total chaos. Every manager hates the leader. No direction, no patience, not involved in any capacity.
For me, this is a good sign. The fact is that the more they buy the more their personal interest are aligned with the company’s interest. The other thing is that these people mostly care about their personal profit and wealth and wouldn't be buying... read more
We know what was behind the $1.59 anomaly on 2-19-2016 (false rumors), but with < $5 share prices for the last 18 months, culminating in an inexorable decline to $1.90 today, what gives??
Ah, but the KH/KD saga continues...even as stock price is $1.98 as of Dec 20, 9:48 AM EST Say what you will about Aubrey, but he NEVER would have allowed such incompetence and cronyism to persist for so long. Fortunately, moved all my CHK 401k into... read more
Should I take that as a good sign? Could it be that the next year could be a good one for us?
This is so great now, i love the new culture. Happy employees means more than actual work. Don't have to work hard any more. Get to sit around for most of the day and act like your working and being happy. Just need to make the ones that do work do... read more
The company announced that it has negotiated a supply agreement with the company Hi-Crush partners regarding the supply of frac sand. The terms of the agreement were not disclosed, but it is known that Hi- crush will supply frac sand for Chesapeake's... read more
It must be nice to be a well paid contractor and sit in your office all day working and planning your next big stock deal on E-Trade.
If you don't like your position, the Job that you are doing is too hard or you have to really work for a pay check. All you have to do is CRY to your supervisor or manager and they will move you to a new easier position. That way you can work a lot... read more
Comments may be anonymous but if you are using the company's PC or wireless service to post on this site you are about to get a note from HR.
Remember when we all we told about the grandma on the plane and that Chesapeake was the stock to own? Well since chk stock is down ~50%. Hopefully that grandma didn't buy any shares, shame on you DL
Doug Lawler gave an interesting view on the purchase of WildHorse and announced some better times for the company. This time I have to say that I agree with him. We have been through a lot and for the first time in a while, it feels like the company... read more
I don’t know why everyone is so upset. We just added several hundred thousand acres of wild horses to our circus. We are now officially the Barnum and Bailey of OKC.
It's another private-equity-backed emerging-play company getting bought by an "excessively" levered gassy E&P for "some blend of financial engineering and strategic shift," says the firm's Bob Brackett. And in the end, that deal was a disappointment... read more
Most of the CHK dead wood to be replaced by wild horses.
What happened? Did it fall through?
Whose genius idea was this to shut down the San Antonio office? It was obvious that we were not using all of the office space but we were stuck in a contract. With all of the time that DD was looking at the locations of trucks, he couldn’t spend a... read more
The San Antonio office is going to look like your living room on Christmas morning; people are going to be accepting packages left and right with great big smiles on their faces.
Here comes a RIF. They are about to thin the herd, my friend. You are a patsy for your bosses preferred employee. That is the groundwork for middle management to control who is first picked to join the open market.
Has anybody at Chesapeake survived being put on PIP? Or should I just pack my bags right now?
Have you made your decision yet? Post here. I have I am going to take the package I figure with the severance and the separation date not until after the first that I will have ample time to land a new position. 1 interview set for next week already... read more
We're part of a group of people who worked with other groups to switch everything to SAP and can tell you how messed up the final product is. I though surely one of the consulting firms we paid millions to or that edge team would step in to fix the... read more
I hear there were several that had to lay off food after the giant get together yesterday. Great job by all the skilled chefs. I know that was mainly about raising money for United Way but I have not seen so many people that happy while at work in a... read more
Today was the day, wishing all the affected the best. Chin up, there is life outside of CHK.
I am curious if we could make up some crazy a$$ position such as, I don’t know let’s call it EHS Manager of planning, budget, and communications. If so can we magically create this job and then not post for it and not allow others the opportunity to... read more
Does the company have to pay a relocation bonus if the office where I report to is moved 110 miles from where I currently report? Or offer a package if I choose not to relocate? Let's just say hypothetically
Another one bites the dust. And another ones down and another one bites the dust. We should get a loud speaker and play this from the top of building 1 every time someone resignes. This could be the exit theme song for the mass Exodus.
I left CHK several months back, did they ever sell/rent those East buildings? Last I had heard they were looking into consolidating into fewer buildings but did not know how to divide the HVAC loop that is tied to those buildings. Also, the daycare... read more
About 200 exec-level jobs to be cut by end of October. I hope this is the last round of layoffs.
Here you go! Not that i’m surprised, cause this is the classical Chesapeake way of doing things: They sell some assets, fire some people, and when that’s not enough then they print senior notes. What pisses me off even more is that they don’t plan to... read more
Utica closes in two weeks... guessing we should all get ready for a round of ‘Who gets the ax?’ The Jobs posted online are mostly for very technically savvy employees. Pretty sure an accountant can’t fill for a geo spot.
Things starting to look up!
I asked my supervisor this morning if they have heard on our stance for the new medical patient cards. He told me that the last he had heard we aren’t changing our stance and if anyone got the card, they would be fired. SMH. I kid you not, he then... read more