Thread regarding Chesapeake Energy Corp. layoffs

We can expect more layoffs

Of course they have plans to layoff or move people. Over the last year or so there are probably 500 fewer people working in the field offices, at least 5000 fewer wells, and a couple thousand miles of gathering lines and transmission lines no longer a Chesapeake responsibilty. In the next few months one of the six major assets is going to be sold. No one in the corporate office has been let go during all of this. Do you really need all the engineers, hr, land, accounting, and everything else required to support the nonexistent operations?

OP is @Pk0vreE-3wuu.

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Accountability?? There is a complete lack of spine from CEO down to field supervisors. All they want to do is pass the blame to their direct reports. Not a one of them will stand up and take responsibilty. Only a coward will let another man take the fall for them. As long as they can keep a CHK teat in their mouth, everything is fine.

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