Well, this is not encouraging in the least. I'm pretty sure we'll see many more layoffs soon enough.
Chesapeake Energy still has a long way to go before it can generate the returns-driven growth of its stronger rivals. That's why investors should steer clear of this troubled natural gas stock and consider one of the top-tier producers instead.
https://www.fool.com/investing/2018/02/05/why-chesapeake-energy-corporations-stock-tumbled-a.aspx