Southwestern Energy Co. Layoffs

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Topics regarding layoffs at Southwestern Energy Co.

Celebrate Way!

He has been in charge for a little over 3 years (4+ years as COO before that). Let's check the numbers - stock price performance since: he became COO (Sept 2011) - down 89% (reminder that he "oversaw" our assets AND New Ventures) he became CEO (Jan... read more

Get ready for a bumpy ride

CEO should be fired b/c he’s the one who hired all the exec losers. They are short on real ideas so layoffs are the easiest thing to do. Expect more in early 2019. This exec team has destroyed so much shareholder value and it’s the workers (and their... read more

Class Action Lawsuit

Anyone considering a class action against Mueller? Most everyone who has been hurt by SWN, was due to Mueller’s incompetence. He, Jeff Sherrick and Joanne Hresko were the instruments that ruined SWN with that great purchase of CHK’s assets. CHK won... read more

Merry Layoffs

Hey everyone, mole here. A few more layoffs this week to tidy up for January 2019. 3 more this AM. Ask anyone on 3 (coincidence?) Stay tuned for more updates. And Merry Christmas!!

Layoff planned for Jan 17th

Think about your next career move over your holidays, as we’ve hit the proverbial dead end. Most of us are short timers! My source telling me after the holidays, the layoffs are back on. Start clearing your cubes and offices of personal matters.

Fay Sale and Lying Way

Sale finalized and what do you know it is for significantly less than the advertised price. Way lies. Surprise. Yes, effective date provides normal adjustments to purchase price, but not in the $200 million range. Board needs to wake up and use this... read more

No Loyalty on Either Side

When you work for a company, there is no loyalty like there was many years ago. You owe your loyalty to your family. Give the company your best and work smart (not hard); sorry 1980’s phrase. Don’t work overtime for the sake of just working. They... read more

Layoff of Millenials Only?

When are these rumored layoffs supposed to happen and stuff? Hearing things around the water cooler. Millennials, sounds like you’ll be home for the holidays..

Tis the layoff season

So for those still unemployed or those currently underemployed at SWN, Tis the season. Here is a shameless plug for my ne book (available on Amazon this Black Friday) Great read! Orders yours today for layoff season reading. Shameless plug begins... read more

R.I.P

Although SWN isn’t quite at the wayside, they should be allowed at this time to RIP. I recommend SWN host visitation with a guest book. I think this site should reflect condolence and fond memories. SWN may you ride high in the sky and we’ll see you... read more

SWN beats market estimates for Q3 earnings

According to the Q3 earnings report, SWN’s results beat market estimates achieving an earnings surprise of just under 20%. Although this situation is still far from satisfying, it’s a good feeling to see that the company made some progress. Hope that... read more

Pack your bags, SWN!

This will validate my plan to finally layoff everyone from the Houston campus.... the company is going to the best place for jobs! Life is good in the northeast. The slaying is second to none... read more

SWN Debacle continues...

Silly Billy, CC, Q-dog, and other ELT continue to sit back and watch this company continue to implode because of lack of support. We continue to hear in Town Halls that if we need staff to go out and find talent and put together a justification and... read more

Weighing options.

Just getting out of school, and I’ve been called in for an interview. Don’t know much about the company, but I’m a little skeptical with apparent recent layoffs and so many job postings. The reviews on Glassdoor, and other websites are not great... read more

Have You Heard? More Uodates!

Stay tuned. I am confirming some things that might be of interest. And no it’s not what new coffee flavor will be offered in the Market

Marcellus assets

Has anyone heard how sales of Marcellus assets are progressing? Will company "V" secure funding before Thanksgiving?

Exodus ongoing

https://boereport.com/2018/09/26/parsley-energy-announces-the-appointment-of-david-dellosso-as-executive-vice-president-chief-operating-officer/

Houston

How many folks in Houston are going to be affected with the sale of the Fayetteville?

Winners/Losers

The real winners today were the Fayetteville shale employees. They will be released from their captors that shove safety program after safety program down their throats. Whether they continue employment with the new owners or are severed in the... read more

Board is Diverse - Way says so

From IR book — “Board diversity — 37.5% diverse (gender, nationality, ethnicity)” Who cares? Seems to be kinda a stretch to advertise this. Has anyone seen our Board? Doesn’t fall into the diverse discussion on any front.

Layoff Land Administration Folks

That’s right! Keep laying off Land Admin folks and let’s see how SWN succeeds with PO royalty owners who aren’t getting their paperwork done. No, not a good plan. Stop the politics with layoffs. You need a healthy Land Admin team to keep royalty and... read more

Office furniture

I hear there is going to be a “garage sale” of sorts to purge some of the unneeded office furniture, including those fancy high tech desks and chairs. Anyone have details? Are they selling for pennies on the dollar?
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Post ID: @UV9E7mE

Ground control to Major Tom

So what was the big announcement yesterday afternoon at Corporate ? Hearing it happened, but little details trickling out here to the important people making it happen. I hear my livelihood was bartered for a pack of M&M’s... Someone clue us in!

Leadership

For those of you still left at SWN, i ran across this quote today and it seemed germane to your situation: A bad boss can take a good staff and destroy it, causing the best employees to flee and the remainder to lose all motivation. Happy Monday!

This was the big mistake

Houston made the mistake of continuing to invest money into drilling the Fayetteville Shale and purchasing the WV assets when they should have stuck a fork in the Fayetteville Shale 5 years ago and passed on the WV deal. If they were smart, they... read more

SWN Stock

I really think I will sell a share of my SWN Stock today and go buy myself a cheeseburger. I will not be able to afford a drink by selling just one share but the cheeseburger will be a treat. Personally I blame the downfall of this once great company... read more

Bankruptcy ?

Any truth to the FS being parted off and having a bankruptcy auction?

Rehiring of older employees

Does Southwestern rehire employees who were laid off before? This does not affect me, but I was curious in general. We've lost some of our best employees in the past several layoffs rounds so I was wondering if they would be taken back if the... read more

Historic Gas Company

SWN is becoming a historic gas company, something you can boast to your grandchildren; they will definitely pause X-Box to hear your repeated stories about SWN. “Did I ever tell you about the time I lost a lease at SWN . . .”
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Post ID: @UuSvZDW

Quarterly Call

So apparently there was a call today and I haven’t seen any comments or insight....

More layoffs in September?

I've heard from two different sources now that we might see another significant round of layoffs sometime in September. Anybody here knows more or anything about it?

Major turnover at corporate office

Major turnover in the corporate office. I heard some people put in their notice the week of the most recent layoffs. For a company that alleges their core strength is their people, they sure don't seem to care about keeping those people. Yup, people... read more

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