A bad manager can take a good staff and destroy them. Making the best flee and the remainder to lose all motivation.
Topics regarding layoffs at Chesapeake Energy Corp.
And not getting any responses from anyone. I want out so bad I could throw up.
doug dot lawler at chk dot com
Why change to a 1-5 scale if you aren’t going to give anyone a 4 or 5? Is it just so no one gets their bonus? The remaining employees are doing the job of many with no reward. Ppl that go above and beyond get a 3 along with the person that just does... — read more
if DL resigned and to $10 if he took the entire BOD with him
NOT going away soon
What a strange Monday. Campus is becoming more and more quiet. It’s almost eerie at this point. So many faces gone and so much confusion by those that are still here. It’s all been talked about so much that no one talks at all now. Some areas are... — read more
CHK interest expense 2016: $286 million 2019: $518 million 2020: $700 million It’s over
Whose little feelings got hurt by this post and got it removed? There were no names (other than jelly man), no profanity no other reason to delete. If you don’t like what people have to say about your inability to run a department then fix it. Humble... — read more
Interesting article. Oil price is downward, my bet is that CHK will file for bankruptcy by YE. https://investorplace.com/2020/01/chesapeake-energy-is-drowning-in-debt-without-a-life-raft-in-sight/amp/
Nothing destroys a good employee faster than watching you tolerate a bad one.
to work for a company that ignores its employees, shareholders, lease holders, and trades for less than a dollar...? ...... LOCK HIM UP
Big board meeting today. People from J.P Morgan, Goldman Sachs, Carlyle Group, Blackrock and people from CNOOC or China. I think it has something to deal with the new trade agreement. Apparently China needs to buy tons of Oil and Natural Gas... — read more
Soooooo, how is the mood around campus this week? Let me tell you. I spent some time walking around campus yesterday as the weather was decent and no one cares what I do anyway, why not... I walked through Bldg 5 and what once was a very happy group... — read more
What have they done for we employees, shareholders, ... ? Nothing they are working for the banks and always have been. Time to give DL, ND, etc the Boeing treatment.No news this week or next or even until earnings. Everything just hype.Time to file a... — read more
Press release this week
Today during emergency meeting. Shareholders do not always get a vote I guess.
A dead cat can only bounce so many times.
https://www.yahoo.com/finance/news/creditors-bankrupt-oil-driller-allege-173626402.html a preview into the future of CHK
Oil up, peers up and CHK s—ing wind.
1 - DL gets unwarranted raise 2 - R/S 3 - major layoffs 4 - oil and ng up, chk down 5 - major recession 6 - BK
Year of the shareholders my behind
Today = death of CHK
But gets $22M severance package. Let the healing begin.
DL getting the boot?
When will we see the layoffs as expected?
You’ve all been waiting for
layoffs short attack oil price drop tax selling new all time lows insider selling Merry Christmas!
Major Chevron announces $10B plus write down of shale gas assets and expects lower commodity prices. The management team at Chesapeake Energy Corp. made a series of transaction announcements on December 4th. These moves should help the company to... — read more
Since Jerry Jones made the negotiations public on November13, not much has been discussed. Can anyone in the office expand on what is going on? Morale seems to be positive since the new term loan deal.
Stop wasting time waiting for the stock to move up. Layoffs will be announced soon.
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