Thread regarding Southwestern Energy Co. layoffs

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: @OP+10byo4cC

20 replies (most recent on top)

The PA regulatory star CS pulled the same stuff at Range and Atlas. Not well liked at either outfit or respected.

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Post ID: @eamp+10byo4cC

Hmm amity and prosperity could mean a RANGE of things. Why think any dead weight would be cut. Seams we are committed to keeping the norm?

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Post ID: @7kcn+10byo4cC

Totally agree with last post. CS was “loud” in NE and since being in the Spring office is even “louder”. Reminds me of that what do you call it when a bird leaves a mess on your windshield? Hmm. Help?!

How CS has not been “retired” yet is unreal. Maybe CS is part of the August layoffs. Oh, anyone have some Windex and paper towels we can clean spring office with?

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Post ID: @6yzr+10byo4cC

Before you go, read Amity and Prosperity starring your regulatory star who fell from the Pennsylvania sky. I am sure she brought her loud mouth backed by worthless (to this Industry) PE and bag of poor decisions with her to taint SWN.

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Post ID: @6vle+10byo4cC

First time to look at these posts. Good info on layoffs in a few weeks. I am concerned. Who is with me? One thing that bothers me is why a leader in NE is taunting us. It has to be a leader on the below post.

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Post ID: @3jzl+10byo4cC

No terminations in the northeast. I run a solid ship up here. Only from Spring. You two w—rrs will be terminated for sure.

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Post ID: @3tec+10byo4cC

Disagree. Way wants to strut around like a king and tell Wall Street he is saving the company by cutting G&A aka layoffs!! Layoffs will happen day after call. Bet me!!

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Post ID: @3yud+10byo4cC

Layoff date is 8/1 before errnings report.

I no.

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Post ID: @3ypq+10byo4cC

OMG! Can anyone confirm 8/8 as a layoff date?

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Post ID: @2bpu+10byo4cC

Yes you can be a twatwaffle Japanese denim wearing ex-SWN after your are laid off August 8

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Post ID: @2ufl+10byo4cC

But but but, if I get laid off I won't be able to pay for my girlfriends stud service while I watch from the closet in my Japanese Denim jeans

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Post ID: @2ewd+10byo4cC

Has the illustrious Data Science team acheived anything yet? They were going to be our salvation back in 2017.

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Post ID: @2xmv+10byo4cC

Folks! Meeting yesterday was sobering to say the least! Well, since we’ve being doing this for 3-4 years now, maybe not as sobering. Layoffs are close. Since many of the departments were wiped out last time, it’s going to be more of an even sweep across the board it appears. With the stock continuing to bottom out, there is more pressure than ever. HR is working on organizing this effort, and it will happen this summer. Wish I had better news. Sorry.

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Post ID: @2few+10byo4cC

Previous poster. Just be warned, we’re on to you. Personal phone or not, we know you were posting to this site. We will be tracking your electronic activity and will know when you reveal to your coworkers the schedule and impact of layoffs. Mr Way has instructed that we dedicate someone to track you at all times, even if you’re not a millennial frequenting the Market and all of their fresh offerings.

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Post ID: @1zxa+10byo4cC

Ok folks, I’m getting a bit more clarity on the early August G&A cuts. I’m in a meeting this morning that will touch on this. Stay tuned. A lot of depressed people coming in here. Don’t worry, I’m posting this on my personal phone, so they can’t track me. I’ll post later with more details and timeframes.

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Post ID: @1aht+10byo4cC

23% seems a little high. My sources telling me 19-21%, focusing on dead weight. Cronies need not worry. Way will buy back stock. Inflate his own mid year bonus.

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Post ID: @iaa+10byo4cC

By end of 3Q, 17-23% less headcount appears to be where we are headed.

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Post ID: @hrt+10byo4cC

HR is already making their list in WV

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Post ID: @vjy+10byo4cC

Maybe BW will be with them too!

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Post ID: @lma+10byo4cC

Unfortunately, this is what I’m hearing, too! Cuts are soon!

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Post ID: @zga+10byo4cC

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