Thread regarding Chesapeake Energy Corp. layoffs

So what now?

Employees that are left, do you think we're driving only long enough to shut things down? Or just to get SAP going? If things don't improve by Q2 of next year, I wonder if we'll be forced to do even more cuts...

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Post ID: @OP+DOo5ago

5 replies (most recent on top)

Yup. A war will jump start the oil industry again.

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Post ID: @1vCs+DOo5ago

This war in the Gulf has me feeling some type of way.

We're going to be back at $125 oil in no time, baby!

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Post ID: @1hYL+DOo5ago

More cuts will come. They will not be able to fix the debt issue right now. It will take a few years. Losing over $4b in one quarter is terrible. Just wait till year end earnings...

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Post ID: @1enf+DOo5ago

Uh if prices don't improve EVERY COMPANY in the industry will be doing it again !!

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Post ID: @8AD+DOo5ago

SAP lol the anchor that sunk CHK

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Post ID: @5VT+DOo5ago

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