Chesapeake Energy Corp. Layoffs

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Topics regarding layoffs at Chesapeake Energy Corp.

Chk is the stock to own!

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

CEO’s view on the WildHorse purchase

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

We are expanding

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.

Best of luck

https://newsok.com/article/5581451/chesapeake-energy-lays-off-400-employees

Christmas Comes to San Antonio tomorrow

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.

RIF 2018/2019

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.

PIP

Has anybody at Chesapeake survived being put on PIP? Or should I just pack my bags right now?

SA Decision Day - 10/19/18

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

Internal problems - what's yours?

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

Thanks 4 giving

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

Asking for a friend

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
by Finding it hard to stay curious | Post ID: @VydkvnS
1516 views | 7 replies (last )

HR Question?

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 down

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.

Buildings

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

Well now we know

About 200 exec-level jobs to be cut by end of October. I hope this is the last round of layoffs.

Utica sale

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.

Currently Curious ( <-culture)

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

One of the lucky ones

I received my email confirmation this morning that I was one of the lucky ones chosen to get my legal medical can--bis license approved yesterday. That was quick. I should have it in my hand by next week. How many others submitted their application... read more

Remove Luke from Board of Directors

On the Board of Directors is a man who literally ran Kerr-McGee into the ground. Why is this genius Luke on the Board of Directors? I guess it's great if he is helping Chesapeake ride off into the sunset, too.

Devon Falling Fast

We now have plenty of competition from all the people leaving Devon. Could it actually be worse than CHK? Nahh...Nothing could be as bad as having Douggie.

Will There Ever Be Christmas Lights Again?

With all the drama in Chesapecker land, it sure would brighten our spirits if our wonderful leader would light it up a Christmas. It might send a message we are still part of Oklahoma City.

$30 stock price

I keep hearing rumors that management’s goal is a $30 stock price. Is that a possibility or are they just dreaming?

Accounting

The bros running accounting keep taking care of their gang. How someone is demoted five months ago becomes a sr. Manager is just beyond me. I guess it pays off to be a culture champion.

A Nice Surprise

I left voluntarily a few months ago after less than a year. I knew I was not vested in the 401K but to my surprise Fidelity mailed me that CHK had violated some IRS rule and low and behold I was entitled to their contributions as well. If you left or... read more

I see more layoff post here

Like it’s a surprise or something?!?! Let’s clear the air here. If you’re a CHK employee you are at risk of being laid off all the time. 365 days a year. It’s a choice you choose to live with by being a CHK employee. So just s--- it up or go to work... read more

Layoff is Looming

Does the relaxed dress code and Roth IRA supposed to keep people from leaving? Especially knowing there will be another RIF on campus after the Utica completely closes.
by Anonymous | Post ID: @UuXh9xA
389 views | no replies

More layoffs?

I'm hearing another round of layoffs mostly at HQ will be announced by end of month. The number floating around is 20%. Hope they lay off middle management.

SSDQ

Do we ever get a break from Wall Street? Every earnings report we get taken to the woodshed. Every time. When was the last time we had positive news?
by Anonymous | Post ID: @UrmM7YU
186 views | no replies

Ohio

Maybe the crooked management here in Louisville will get axed with the acquisition. Too much vendors with benefits floating around here. Needs to start at the top.

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