Do we have to wait until the deal officially closes (6-9 months) before we can receive severance packages and move on?
I’d like to start my job search here in Houston ASAP but no employer will want to wait that long for me to start. It’s been a good run, but I’m ready to get this show on the road.
I’m going to keep showing up and cashing my check until they tell me to leave.
Who took a huge dump in the handicap stall this morning?? I noticed a few CHK top brass in the building. Likely leaving their “scent” to show who’s in charge. Well done. J Way was probably a fan. Top notch. Top notch!
A SWNtard is any current employee who buys the Silly Billy kool aid. So pretty much all current employees.
Hello. I am currently in CHK HR. My boss has asked me to inquire about a cultural issue at your company. What is a SWNtard? We would like some insight on this term as we help management make decisions on staff cuts. Thank you.
Any word on layoffs? What is Lord LITL up to? Counting his gold coins or planning his next riches to rags project on another unsuspecting company? Woo wee.
So it's likely the company will go to a tactic to save some money. There will be some "warning shot" layoffs before bonus season hits. All people will be p-ss tested to see if they can dump them without paying them a dime. "Terminated for cause" and no bonus or severance paid. Way will ride off into the sunset with his millions and while figuratively sc--wing every last one of you. Admittedly, CHK has the smarter, more savy, battle tested employee base so it will be heavy layoff on the SWN side. They are not interested in much, if any knowledge transfer from d-mb ol SWN employees who are essentially a laughingstock of the O&G industry. (Think 2020 -2022 Houston Texans). Mr. Light in the Loafers has no credibility or was really even considered a "peer" to the big boys so he did y'all no favors. Didn't even live in the same circles as those folks. Lives in a comparative dump on Lake Conroe and drives his gas guzzling cousin Eddie RV to Aggie Land to rub "elbows" with other muckety mucks. Oh well, you'll all be better off in the long run. Trust me.
Howdy..in the know here..layoffs round 1 by end of February. Round 2, 3, etc monthly. The plan is to phase out slowly to keep the lights on while we get ready for CHK. Good run tho for doing very little work and making bank on salary and bonuses. Hoping to land a similar job elsewhere. Update those resumes ALL!
I doubt they will start letting people go until the deal closes. In the unlikely scenario that something prevents the merger from closing, they need to keep operating as normal.
They might not even start layoffs immediately upon close. Nobody knows yet how long it will take for them to decide on a new organizational structure and who will be going where. They could easily keep operations separate for several months after close to make sure the transition is smooth.
Of course, they could be ready to merge staff the day after closing and start the layoffs early... only time will tell but my money is on late Q2 or early Q3 when the axing really starts. Likely to be a much higher percentage of SWN folks hitting the road vs CHK. Only safe place is probably Southwest App since they need some experienced people for that business unit.
It certainly has been a good run, good luck out there!