We told you what to change. We left because we lost faith. Good luck.
Topics regarding layoffs at Chesapeake Energy Corp.
The "Chesapeake Family"
Repeatedly on this site, employees, even former employees having been terminated, refer to their “Chesapeake Family.” Of course, there ain’t no Chesapeake Family and there never has been. The moment you become inconvenient, CHK drops you like a hot... — read more
While I'm waiting for layoff...
I am looking for a new job and that is my priority I am re-engaging neglected contacts I try not to think at all what will happen to this company because I don't care anymore I am aware of the imminent end of this company I do only... — read more
How hard was it for you to find a new job?
I hear a lot of positive stories about how people found new jobs soon after they got laid off. I was laid off a few months ago and still can’t find a job. I know it's too early and it will certainly take a few more months, but I'm already panicking... — read more
Communication
Does anyone find it annoying the lack of communication around here? I feel like I’m walking on eggshells. No communication whatsoever post Bankruptcy which is kind of mind blowing to me..
Is this deja vu?
Doug and his regime of losers are planning idiocy anew. Bloomberg says CHK is in the market for the garbage Alta Resources ginned up in Appalachia. Alta is backed by Blackstone and the deal would give Blackstone a huge profit. I wish the clowns... — read more
Anyone left since bonus or about to leave?
Yes I know I don’t have a life and still care about those left behind to struggle. But I still monitor this site to see how the remaining souls are surviving. It’s been pretty quite and that either says that everyone is content and happy or everyone... — read more
Question
Does anyone know who bought the east side of campus? 13,14,15 and data center??
Compensation?
Anybody hear anything about compensation updates? Would be nice to know who our “peers” are these days and if we should all just try to find jobs at Paycom and Amazon now.
Employment with Land Brokers
People laid off from land should contact brokers on the CHK approved vendors’ list for work. I’ve noticed that many land brokers Chesapeake used received multiple huge loans from the Federal Government PPP. Western Land Services received nearly 5... — read more
Talk Show Host
The company is really f’d up to lay off engineers and geologists and keep the talk show host. Hey Frank, know anything about shale yet?
No new name necessary
No new name needed if the company is taken over.
So how many will be leaving next week.
Since the LTI is getting paid out on Friday, and the recent weeks lack of answers give the appearances that the new board can’t make decisions. How many are going to continue to ride this out?
New name?
So are we changing our name or what
Mro merger?
Is this happening?
Here you have it folks
KOCO 5 spoke with Chesapeake Energy CEO Doug Lawler about climbing out of a hole and what comes next. No more layoffs are expected as part of the bankruptcy... — read more
CEO and the Lost Ogle
The Lost Ogle has a great new article on this failure of a ceo's current home value. He screws up everything he touches. He overpaid for everything, including his own home. He can't manage anything correctly. No wonder he destroyed this company. He... — read more
OKC real estate will take a huge blow
CHK employees and their relatively high salaries have helped prop up the high end of CHK real estate. Now, area real estate will fall. When I left CHK it took 3 years to sell my house and just break even. So, if you have real estate, get it on the... — read more
Chesapeake Energy cuts 15% of workers as it emerges from bankruptcy
Anybody buying this'll be it? Most of the 220 layoffs will happen at the Oklahoma City headquarters, the email said. Chesapeake on Tuesday said it planned to raise $1 billion in notes... — read more
Career transition assistance
I left the company not so long ago and managed to find a new job in this sector, although it was not easy. I was very lucky. How much harder it has become to find a job in the meantime, I don’t know, but I’m afraid the situation is far from great. Is... — read more
Leave while you can
Looking for a new job while you still have one is so much easier than having to look when already jobless. The writing is on the wall. There is no future here for anybody but the select few. Get out now with your head held high instead of waiting for... — read more
The beginning
This plan has been an absolute. I'm sorry Doug isn't letting you in on it but its for the best being in a management position isn't easy. This 200+ is just the next but we strong will survive the week. CHK will retain under 275 employees after... — read more
Compass Manufacturing
We're any layoffs at Compass?
How bad will this get?
What numbers are we talking about? How many employees will end up receiving their walking papers as the result of this restructuring?
Chesapeake getting CRUSHED in Restructuring Agreement
It appears we will have another Enron situation on our hands very soon here.
It will be okay
Hey all! I was let go back in September and being laid off from CHK was a burden that I didn't know I had until it was taken from me. I loved CHK and would have never left myself but once my career there had ended, years of stress and uncertainty... — read more
Florence Italy!
years ago when several hundred Chesapeake employees were scheduled to receive their walking papers DL thought it would be a good idea to attend a conference in Florence Italy with his wife. The same day good loyal employees are having a terrible day... — read more
More layoffs....still no vision
Instead of taking a hard look at what kind of haircut we need. We just trim the mullet a little bit every quarter and wonder why we never get the girl. BoD is bout to tell us we need a burr when everyone would agree we would of looked hot with a... — read more
Wednesday
May the odds be ever in your favor.
Why lay off?
Money’d up (credit), contracts renegotiated and far less debt, commodity market looking good and why lay off? Have to drill some more (way more than now) and everything that follows. Now is not the time to lay off, it’s time to make hole, get some... — read more
New name
Anyword on what the new name will be?
401k
Do we have any chance to have our 401k restored? That was my main motivation to stick with this company, but now I M starting to feel hopeless
Layoff Timing
Has anyone heard anything? One would imagine it would need to happen in the next week or two.
Chesapeake Energy Arena
At what point will Chesapeake Energy Arena be renamed? I mean it's hardly appropriate to keep the disgraced name of Chesapeake. C'mon OKC, you're better than this.
Transparency?
I don’t work here. I do watch this page sometimes as Chesapeake is a major part of OKC and I have friends who have worked there. Plus I check on a few other companies on the layoff as I own their stock. Does your company seriously not tell you... — read more
What’s next?
What are the likely scenarios to play out after handing over ownership to senior lenders, particularly from a personal standpoint?
How proactive are you in your job search?
I sent resumes to dozens of places, but getting called in for an interview is like finding a needle in a haystack. I’m still safe here, but I can’t stand the atmosphere in this company anymore. The labor market is very bad and I doubt it will get... — read more
Management deserves to be complimented
Chesapeake managers "should not be criticized," said Jones, "they should be complimented," citing the energy market crash. "I reject the assertion that people threw caution to the wind." Our management did the best they could and this is a good... — read more