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!
Topics regarding layoffs at Southwestern Energy Co.
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!
Had to post this as soon as I could. Just had a cup of coffee with my supervisor. She subtly asked would I forgo a raise to keep layoffs from happening. I said “No”. I need a raise with my new child. So a raise or layoff?
Giving the CEO of SWN an entrepreneur award is like giving a Cub Scout a war medal. The CEO has to wonder why, and feel insulted. It would make sense if SWN was better managed.
Been watching this site for a few months now. Some funny stuff about the CEO and some serious stuff about layoffs and stock price. I am considering a job at SWN. Honest feedback expected. Hire on or move on? I can’t afford to be hired then laid... — read more
Today, SWN is $1.75. Question to everyone: what will the price be during the next conference call? Why? (Do not share proprietary information)
It was mentioned in a post a few weeks ago below. Wow. CS has some esplaining to do! I hope those Range tactics are not being used here at SWN in PA & WV.
A little birdie around here spreading a strong rumor. Don’t let the fake news of this forum fool you! This could be the week!
Just heard of a few folks being sent to the house up here in the northeast. I was afraid this day was comin. Hopefully severance package is good.
Update: layoffs scheduled for 3Q. Company needs to make shareholders think something will change despite recent poor financial performance. Mr Way thinks he’s not part of the problem. Employees will be cut. Way will give himself a raise and a pat on... — read more
The employees are so focused on layoffs, how can they be productive?
Let me know what really happens if there are any layoffs today.
He really is a good guy! I worked closely with him!
I visited Way Hall Energy Exhibit at Houston’s Natural Museum of History. SWN was listed as one of the sponsors. Very impressive!
Merger & Acquisition makes absolutely no sense especially in this market. The M&A play in this space is normally to diversify outside core business models (e.g. Duke acquiring Piedmont or XOM play for XTO). The only longshot in my opinion is a... — read more
The stock is officially in the toilet! Like BW on the 5th floor. Who of you are loving him now?
Hearing rumors of a possible buyout.
My sources are still telling me this week! Any other rumors out there? Strange Supervisor travel plans? Odd conference room bookings? Keep your head on a swivel! If you haven’t cleared your workspace of personal items, now is the the time. Don’t... — read more
If dead weight was laid off previously, who will get laid off this time?
Hearing other things today. It will be a busy earnings call with updates. Stock will be close to a $1. All I can say right now.
Way and Cronies featured on the August cover of Penny stock magazine! Get your copies here!
What is this management doing. Stock is plummeting and they are having fun shopping and playing golf. Laying off people will not help. Bring back the other management who knew what they were doing. Seriously. For those being layed off, life is better... — read more
We landed on the moon 50 years ago, but SWN can’t save themselves. Stupid!
From all indicators, the day after our August 7th earnings call is primed for next round of layoffs. Have seen managers prepare for our next round of pink slips or “retirements”!