Stop wasting time waiting for the stock to move up. Layoffs will be announced soon.
Topics regarding layoffs at Chesapeake Energy Corp.
BK now guaranteed. Pink slips for everybody.
You got a nice little bump from the news today. But it been right at 30 days under a dollar, letter of delisting is in the works. CHK will not be delisted but will have to submit an official plan to raise the price above $1. That news will not be... — read more
Okay now, Chesapeake cannot manage its current $10 billion in debt, so a group of lenders provide an additional $1.5 billion in loans to help with the various current debt issues. So now the company has $11.5 billion to repay. Great.
News will be released regarding sale of Haynesville for over $3B in stock/cash transaction involving Comstock and Cheniere and one other company (small). Some layoffs will also be announced mostly middle management and DP. Revolver will be paid off... — read more
Are those recently laid off being fully vested in 401K? Under Rev. Rul. 2007-43, the IRS established that a 20% or greater turnover rate in the applicable period creates a rebuttable presumption that a partial termination occurred. Your plan... — read more
Let’s keep it clean. Double D sure needs to change something before the mass exodus happens. Seems like since he started pushing for this overtime cut he also force fed a “mandatory” lunch break in there. I can’t seem to find anything about it in... — read more
News9.com Apmex.com, Cresap Family Foundation & CHK will match donations up to $600,000 to Regional Food Bank through December 31st. CHK isn't all bad...its helping the employees they just fired retrieve their next meal from the food bank!
What’s the scoop on set-selection? There’s so much more to come so how to I hop on the train? Suggestions? Apparently you can just say it because then they will just don’t something to fire you. If I’m going it’s with a little pay and dignity (what’s... — read more
The layoffs are coming in large portions, I don’t think anyone can argue that, and even If I survive all of the layoff waves that are coming, I'm not sure that I want to stay at the company, as it drifted far away from the way it used to be. I know... — read more
I am CHK. I am a field office employee. I am not tied to any industry by trade or by choice. I am a degreed professional. My skillset is transferable to any industry. So even if CHK folds, I will be fine. Sadly though, no industry is as... — read more
Could someone let me know when they decide to auction off all of those fancy LED Christmas lights? I could use some this holiday season. Where are they hiding them them at, with AKM's ghost in one of the empty basements? Maybe they should send them... — read more
What is progress on AKM’s CHK museum he was planning for his original office building on campus? I found my piece of brick from one of the original buildings which HR engraved. Would like to contribute to museum.
With all that's going on, has building nine had the carpet replaced yet? The two employees in that space are getting shafted. Moo HR
So who all got laid off today?
Guess since they distributed shares to their investors they are done with CHK
CHK Peckers: Face it. This company is finished. What once was a fabulous company under Aubrey is now dead. Say what you want about Aubrey, but he never would have allowed the company to reach this embarrassing level.
Lay offs Tom or row.
Sadly, CHK has no plan. BK next.
Do you anticipate more layoffs this week? We haven’t done nearly enough, IMO.
Not a good sign. Question is how much is Haynesville really worth once sold? How much does book value change when converted to market value. Thanks to Marketing have underwater midstream commitments. Obviously the market suspects breakup value of the... — read more
https://www.google.com/amp/s/www.marketwatch.com/amp/story/guid/A66C4A2A-8634-4826-AFDB-C0FC79CBF2E2 Chesapeake Energy Corp. CHK-1.68% Chief Executive Robert Lawler got a 51% raise in 2018, as the oil and natural gas company surpassed many of its... — read more
Please comment how many and what titles got laid off today...
You had one job. Tell me how the whole company is finding out about the Upcoming sale and who is buying it and what the agreed value is through seeking alpha and Forbes and not from our own company. You can go ahead and wipe that open communication... — read more
Icahn poking his nose around
Ok CHK clams, it’s time again to fear for your future. More layoffs are coming and this is no time to clam up. Get out while you can, if you can. Living in constant fear is no way to live. Management doesn’t give a good godclam how long you’ve worked... — read more
Layoffs in geology happening right now
No one will “acquire” Chesapeake, it will be cheaper to buy the assets from the bankruptcy. Employees and share holders will pay the price for poor management.
MS stated that they believe Chesapeake can, ahem, 'manage' their debt. I wonder how many shares MS owns? The stock will go back down again, and soon.
Fantastic article on Yahoo Finance today for all you AKM fans. Trust me when I say they barely scratch the surface. I think it’s a great piece on what people who live outside OKC really think.
We’re all so stressed and anxious about what’s going to happen. The not knowing is beyond cruel. Why won’t managers speak to us?! Why won’t they even acknowledge the people that we’ve already lost. When will this be over??!!! They’re dragging it out... — read more
This is an open forum that anyone can post to.
Another day with all our stomachs in knots. Will we finally know? Or are they going to focus on middle management? If they’re done with VP’s then I’m really disappointed. Because we still have way too many. With our rig count we need a Drilling... — read more
I don’t see any posts regarding actual layoffs or posts that report that some locations got hit this week. Does it really mean that they’re not happening? Is there any precise word on potential layoffs that could happen this week?
Could bankruptcy be a good thing? Is anyone familiar with how it went down at SandRidge, and if the employees came out okay? As the stock drops lower, my position as a shareholder in the company becomes next to worthless. Would bankruptcy at... — read more