You heard it here first. Oxy notified employees of major pay cuts throughout the organization, including an 81% reduction for the CEO. You think our CEO can swallow his pride and do the same? Hmmm. After thinking about it, there’s no way! SWN will... — read more
Topics regarding layoffs at Southwestern Energy Co.
How many people still work for SWN? Wasn't SWN home to 2200 at its peak?
Anyone notice that Private Equity Firm Blackrock just bought a 6% stake in Chesapeake? They already own 16% of Southwestern. Now Chesapeake is working with Rothschild and Intrepid to restructure the debt. Sounds like we may have a merger.
Non-Essential employees must stay home per President Trump. Management must step up and conform to the formula - Right people doing the right things. At this point, profit is immaterial.
Swn swn swn Lack of communication and lack of preparedness from Leadership sums up the current state of the company. Lack of real leadership. It's very telling when schools and local governments can make decisions more swiftly. Nill pay will... — read more
It’s been rough with layoffs but good info on a Big Announcement is forthcoming. Keep checking here for updates!
Now that we’re done with layoffs for at least the next month or two, the rumor is that there are going to be some imminent organization changes. Too many managers around here. Many people will be demoted and set back 8-10 years in their career it... — read more
I’ve gone back and looked at many of the threads over the last several months. While it might appear it’s one or two “jokers” - who are pretty funny by the way, their predictions have been almost spot on. I’m wondering if we have a mole situation? ... — read more
What’s next for those of us who’ve managed to survived the 4th round of layoffs within the past 5 years??? The work load is the same, but fewer folks...the re-orgs seem like temporary setups to see who’s pulling their weight and spot lighting the... — read more
I just read it again for the first time in 20 years. I couldn't have written a better analogue to SWN culture if I tried.
I hate that people have lost jobs, but it was a necessary move. In fact, I think the cuts should have been steeper. We still have far, far too many VP's and too many layers of management. Executive pay needs to be cut. Engineering is overstaffed. HR... — read more
Hey everyone. In case you didn’t know, SWN had layoffs on Tuesday. The CEO is just doing his job. I can’t blame him. He’ll pull us out of this tailspin. It’s just temporary. Now, I’m hoping because they clipped all the deadweight, our bonuses should... — read more
Who got fired in HR? They never seem to let anyone go and have a whole lot of people doing nothing there. Darren left after finding out he had to report to Suzy. She is worthless and so focused on stroking the egos of all the senior leaders its... — read more
What are the numbers looking like? Which departments affected the most? Houston? WV?
Later this week our beloved Southwestern Energy (yes that little company formerly known as Arkansas Western Gas) will be more nimble more agile and ready for 2020. Why is that you ask? Cause all the excess weight of our headcount will be reduced. ... — read more
I just got an invite from my Team Assistant for a company wide town hall next Thursday afternoon. Seems like a strange time to have this. Could this mean layoffs are that morning, 2/6? Hmmm.
Some people mentioned there were layoffs yesterday in another thread - is this true? I haven't heard anything outside of this forum.
Looking back, the next 3 months were the best of my life. It was like I took a leak and SWN was gone. I spent time with my family, traveled, had a few job interviews and by the time I accepted an offer, I had a salary 15% higher than what I was... — read more
OK, I obviously haven't been paying attention. What happened to the formula? Why? It has disappeared everywhere!
Attention all current Southwesten Energy employees. This thread is your official unofficial source for upcoming layoffs. All other threads are imposters. Stay tuned and as always “good” luck!
Enough about the posts on bonuses and Ways top ten fail list. All good stuff, but now the holidays are over. There has been a real rumor about layoffs happening this month. It’s not unprecedented to have layoffs in January. What has changed at this... — read more
Hope everyone is enjoying a festive New Years Eve! We thought we’d bring you some entertainment as you ring in 2020 after a decade of dealing with Way! So let’s jump right in with the top 10 biggest “Wayisms” of the last decade as we party into the... — read more
Must say, we have the best CEO in the business! Nice little surprise with the $2000 Christmas bonus we got in our group. Did everyone else get this too? Blessed to be a part of this great company!
I was laid off today. At least 3 others too! Good luck today!
Looks like the entire industry is in shambles right now. I've been thinking about leaving on my own but one look at other similar companies here has me in a panic. Same if not worse issues everywhere I look. Where do people go when they leave... — read more
What did Way do this year to keep up his streak? I didn’t go, but find it interesting that we decide to pay for that when we are struggling and laying people off.
See HAL in Oklahoma. Soon See SWN in Spring, PA and WV.
Who was the person who said the stock would be at 4.00 by year end? Maybe if the all of the management leaves!
It’s going to be a scary week! No, not because of the upcoming Halloween festivities or even the Joker... the movie I mean, not our “leader”. It’s scary because layoffs are imminent! Buckle up everyone! The yard outside will be a layoff... — read more
Are there layoffs going on in NE today?
How many remaining wells can pull a regular (nonSwn) pvi of 1.3 across both divisions with current commodity prices?
Stay tuned into this board my fellow SWNers. Next announcement will ultimately lead to layoffs!
You need to give the CEO a break. Any young CEO will look back on his career and, if he’s honest, will admit he made mistakes. That’s the risk of recruiting a young CEO. And perhaps he inherited some things that he wasn’t responsible for.
Folks, at long last... the changes we’ve all been waiting for.... they’re on the horizon. The BOD has finally had enough! The results are just not there. We can’t keep blaming it on the glut of of supply. The lack of know how by the CEO and his... — read more
You’d think if they really cared about safety and their employees they would have closed Houston office yesterday. It was a mess, it took 4.5 hrs to get home in very unsafe conditions. Thanks BW. Yeah, employees are just another failing commodity, we... — read more
Ignore any other thread cause we need to put this discussion front and center. About me, been on this site since 2017 and posted to it a few times as well. Why since 2017 cause I have a good job at SWN and do what is expected. I have enough... — read more
Spring employee here. I am definitely hearing rumors of a by end of 3rd quarter reduction in force event, something to spark interest with shareholders that something positive is going to happen. With this strategy, and I’ve beeb in this business for... — read more
true or not? south west energy jane lew wv?
Way working overtime to get posts removed. Slime!