Southwestern Energy Co. Layoffs

Topics regarding layoffs at Southwestern Energy Co.

Christmas bonus!

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!

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Post ID: @12t8OyJ6

Today’s Layoffs

I was laid off today. At least 3 others too! Good luck today!

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Post ID: @12tNqnPW

What's the best alternative to SWN?

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 

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Post ID: @12qhHJ0e

Christmas Party Traditions at SWN

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.

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Post ID: @12o01aus

$4.00 HA HA

Who was the person who said the stock would be at 4.00 by year end? Maybe if the all of the management leaves!

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Post ID: @125kNbzc

Layoffs when? This week!

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 

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Post ID: @11FIbFWj

Remaining Inventory

How many remaining wells can pull a regular (nonSwn) pvi of 1.3 across both divisions with current commodity prices?

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Post ID: @11lW9tKR

The CEO

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.

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Post ID: @11duJhWg

Changes on the horizon!

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 

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Post ID: @11cR0pYi

Safety first?

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 

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Post ID: @118RLnvp

No Other Thread Matters

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 

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Post ID: @114tNI7V

End of 3Q RIF event?

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 

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Post ID: @10SRDyIL

Raises or Layoffs

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?

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Post ID: @10RbQASn

Entrepreneur award

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.

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Post ID: @10MZkduB

Been Following This Site About Layoffs

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 

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Post ID: @10Jt6306

Stock price predictor

Today, SWN is $1.75. Question to everyone: what will the price be during the next conference call? Why? (Do not share proprietary information)

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Post ID: @10GxATtz

Is this the week?

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!

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Post ID: @10CWTmPa

Layoffs today??

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.

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Post ID: @10yxu42D

Any truth to this?

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 

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Post ID: @10wJtkNh

SWN’s A Loss

The employees are so focused on layoffs, how can they be productive?

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Post ID: @10vJf72X

Bill Way

He really is a good guy! I worked closely with him!

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Post ID: @10rQF8CO

Way Hall

I visited Way Hall Energy Exhibit at Houston’s Natural Museum of History. SWN was listed as one of the sponsors. Very impressive!

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Post ID: @10qDNKK7

Merger & Acquisition

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 

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Post ID: @10qgeYnG

And there it is....

The stock is officially in the toilet! Like BW on the 5th floor. Who of you are loving him now?

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Post ID: @10pYQ1Yd

When is it happening? (The Sequel)

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 

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Post ID: @10oc3sLP

Dead Weight

If dead weight was laid off previously, who will get laid off this time?

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Post ID: @10jZCYXM

Forget all of this.....

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.

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Post ID: @10hytbJS

Are you serious

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 

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Post ID: @10dG2XwZ

Layoffs Early August 2019

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”!

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Post ID: @10byo4cC

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