Has anyone heard anything? One would imagine it would need to happen in the next week or two.
Topics regarding layoffs at Chesapeake Energy Corp.
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.
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 are the likely scenarios to play out after handing over ownership to senior lenders, particularly from a personal standpoint?
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
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
Chesapeake is just a company, one of countless and one of hundreds of its kind. It’s not the center of the universe or even prolific (anymore) in any way. Jeez, people act like they’ve been kicked out of a cult they loved and lost their community... — read more
what’s over under on a Anadarko cronies staying after bk?
What’s the word around campus of layoffs in January?
Well boys and girls.....no comp improvement for anyone going fwd on EOY 1 on 1. Sorry kids, Daddy L's comp package has to be paid by someone.
In the Confirmation hearing?
Yesterday’s testimony was surreal, especially the afternoon session—Bradley Martin, the Chairman of the Board—the Frank Sinatra of Chesapeake. According to Brad’s testimony, in May while the Board was scheming to punt on voiding 3.8 billion in... — read more
Wrong answers only
do you think chk will be around in december 2021? if yes tell us why? if no, why are you so negative?
If management could bring back a few of the people they kicked to the curb - people who were “top shelf” at their job, knew how to get the most out of themselves and their people, straight arrows who put the company ahead of their own selfish... — read more
But the way the VP’s keep from firing managers is to fire the technical advisors, then make the managers the technical advisors. Seen it across the entire industry.
Will current management still be running the company post-bankruptcy?
Is there any?
What happened ?
A current employee told KOCO 5 that it's "like a bloodbath inside" and employees didn't have any warning of the layoffs. "The company itself has had some difficulties because of their extremely large debt,” said Dewey Bartlett Jr., chairman of the... — read more
major company to takeover
Read an article-expect out of bankruptcy in 2021 and company to “ to operate in a reasonably conservative approach for the foreseeable future.” Is this possible?!? No layoffs soon???
Happy Thanksgiving to all my chk family. Today should be a stress free day full of thanks. I’ll be forever grateful for what CHK has given to me all these years. I will forever love my work family & wish nothing but the best for all of you. — read more
Kirkland and Ellis is charging around 3 million a month for legal services, with average hourly rates of $1,007.45. Their bill just for August was over 3 million and they get 80% of their bill paid once a month before the bankruptcy is completed. ... — read more
CHKAQ = $2.61 😳
Why was that censored?
Curious what the CEO’s want as criteria and requirements were prior to his arrival? Must wear dress shirts from gap kids Must pretend to be a tough guy in town halls Ideal candidate will believe that simply stating analysts don’t understand him... — read more
We all know when a company files for bankruptcy, layoffs are always involved. It's expected. But when you factor in all the complications regarding our bankruptcy, the scope could be much bigger than we expect. A lot of coworkers are anxious over... — read more
Does the OSC exist anymore?
CEO Doug Lawler had been awarded $120.8 million in reported compensation since he began his tenure in 2013. What did shareholders get for that?
Anybody think there will be more voluntary layoff offers or layoffs with severance? Do you think they will happen before, or after, bankruptcy is final? Enquiring minds wanna know
Jim Henson’s..... Scratch that........ The “Lawler / Patterson / Del’Osso” Puppet show !!!
I’ve seen nothing about the fate of the Campus? It’s built for 5,000 - 6,000 employees. CHK or whatever it will be called in a few months will only need one-fourth of that space, at best. Can CHK be forced to sell and give the proceeds to creditors?... — read more
Tapstone Energy is sure active in snapping up distressed assets?! After its attempt in Templar Energy, Tapstone is named as the stalking horse bidder for Chesapeake Energy's Mid-Con assets with a USD 85m bid, per notice filed today.
So, I now have a bunch of these sad junk CHKAQ stocks, since I have never sold any of my LTI CHK stocks, waiting for Santa Claus to manifest himself ..... Do you think that the Ch.11 proceedings will sweep then down to zero? Or you think there is... — read more
Remember those days of fashion police? Where exposing tattoo, or wearing dress outside HR with certain pattern was not accepted, of course the ladies in HR would dress as if they are in a disco and ... Oh well when the focus of an energy company... — read more
Check out some of the latest dockets. People owed by CHK requesting permission to pursue the debt, regardless of bankruptcy proceedings. You know what that foreshadows? A high likelihood of liquidation. Companies owed massive amounts of money will be... — read more