Thread regarding Chesapeake Energy Corp. layoffs

Still lot of VP's

Just saying

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Post ID: @OP+11TsfEix

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Some of these VP’s are adding little to no value and no longer needed due to size of their group or restructuring of departments. The recent restructuring of land is a prime example.

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Post ID: @1ify+11TsfEix

Hey leave the VP alone. They might make more money then their whole group these days but we need yes men to steer the board.

If you bring in a few VPs 10-20 ish and have them agree with DL, psychologically is very hard to go against the crowd. VPs hold the power, without yes men DL would be very limited.

VP are also very good scape goats. You let one of them go when you royally F'd up and it looks like you did some thing. Kind of like what they did with the IOR project. Oh wait that $50M fubar didn't cost anybodies job... I guess that was good management. We only lost 2 years worth of wages for the BU, but we don't need those 2 years. DD is going to fire us anyways for eating the breakfast tacos (he brought) out side of lunch hours.

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Post ID: @tdz+11TsfEix

keep the people that are on the front lines and doing the work. What many of the peers have already done

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Post ID: @upa+11TsfEix

Can we nominate the Drilling & Comp VP’s?

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Post ID: @rey+11TsfEix

How bad did they touch the MidCon Land group?

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Post ID: @kcb+11TsfEix

They’re probably waiting until they get all the names from them on who to cut. Sounds like Land managers didn’t get any say in who to let go yesterday. They were told it was happening as it was happening and we lost some great people because of it. Terrible way to do this.

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Post ID: @hrl+11TsfEix

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