Is it true today is the day?
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Topics regarding layoffs at Southwestern Energy Co.
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
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
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
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!!
I've been hearing about possible reductions in severance starting with next year. Any truth to it?
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.
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
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
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..
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
This is ways favorite holiday because he likes to gobble the bird!!!!!!!!!!!!!
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
It was coming
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
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
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
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
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
Has anyone heard how sales of Marcellus assets are progressing? Will company "V" secure funding before Thanksgiving?
Layoffs are coming! Not fake news!
How many folks in Houston are going to be affected with the sale of the Fayetteville?
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
News reporting Fayetteville has sold for 1.8B
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.
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
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?
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!
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!
Big Announcement coming Monday am!
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
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
Any truth to the FS being parted off and having a bankruptcy auction?
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
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 . . .”
So apparently there was a call today and I haven’t seen any comments or insight....
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 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