Thread regarding Southwestern Energy Co. layoffs

Celebrate Way!

He has been in charge for a little over 3 years (4+ years as COO before that). Let's check the numbers - stock price performance since:

  • he became COO (Sept 2011) - down 89% (reminder that he "oversaw" our assets AND New Ventures)

  • he became CEO (Jan 2016) - down 36%

  • he wanted came close to launching a SWN-wide motto of "$50 in 5" (translated as '$50 share price in 5 years') in ~June 2016 - down 69% (THIS IS NOT A JOKE)

Way has pictures! He has to have them or otherwise a sound Board would have canned him before now, right?! I'll try to remind him that his "$50 in 5" meant our stock price had to go up and was 50 dollars, not 50 cents. His "energy and passion" and sprinkled adjectives are as useless as he is.

Cabot is up 52% since Way became CEO...

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Post ID: @OP+X3I2Pt4

9 replies (most recent on top)

This is real NE layoffs today is 16 that I know across NE I am one of them. How many in Spring are let go

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Post ID: @6tqe+X3I2Pt4

I am nervous about tommorow. My family can’t afford me being laid off. I have kids

With medical issues and an ex who does not help the kids. Please does anyone know if layoffs are tomorrow?

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Post ID: @6gjq+X3I2Pt4

Hahahahaha laughing at all my coworkers this AM. They are trying and not doing it well to be discreet about removing personal affects. Hahahahaha. I am safe so only

Laugh at these fools about to lose their job.

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Post ID: @5yui+X3I2Pt4

Overheard HR that our CEO is gonna surprise everyone with layoffs on 1/16 cause folks had accurately picked 1/17 as layoff date.

Pro Tip. Get your personal effects Now

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Post ID: @5viv+X3I2Pt4

Folks, the “50 in 5” referenced above is also for the hot dog eating contest, not just my innovative vision of our stock price. If you can choke down 50 wieners in 5 minutes, you will be given a “CEO Distinguished Employee” award. Practice makes perfect folks. We have high expectations in this space. See you (maybe) at the Celebration!

-SB

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Post ID: @4wvz+X3I2Pt4

Howdy. Joker on 6. Just doing my “to do” list on Sunday night, sending instructions to my lapdogs and eye candy. I’ve also taken some time to practice my hotdog eating skills. Who am I kidding? I work on that every morning at the office. See everyone at 5 AM unless you are an underachiever like me.

So excited for the layoffs. Hmm. Who do I have left to layoff???

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Post ID: @4yma+X3I2Pt4

Is this real? Are we having layoffs again? Thought He said at last town hall. No more! Why?

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Post ID: @4irl+X3I2Pt4

From: Billy Jay Weigh

What: Big Layoff Celebration Announcement

To: All “Current” Employees

When: January 17, 2019

Details: You are cordially invited (if you are not laid off) to attend the 3 year and current year anniversary of “SWN Layoffs”. With the 40 Plus percent reduction and the “mystery” plus percent reduction this January, it is time to celebrate! Join me and the rest of the ELT for a festive lunch in The Market for all “you can eat” organic vegan bacon infused hot dogs and honey glazed sautéed Rocky Mountain oysters.

Pro Tip 1: To avoid the layoff “list”, come watch the ELT compete and win in a hot dog eating contest and see how many Rocky Mountain oysters they can swallow. An added bonus game is a chocolate pudding pie eating contest. We will need to remind them to wipe the chocolate off their noses (cause they seem to forget that).

Pro Tip 2: If you are a rising super star you must join in those games too!

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Post ID: @3sff+X3I2Pt4

I thought I seen an announcement about this celebration, no? A hot dog eating and chocolate pie contest, I believe. Maybe they should have some little smokies on standby in case they can’t handle big ones?

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Post ID: @1tzo+X3I2Pt4

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