Thread regarding Southwestern Energy Co. layoffs

Entrepreneur of the Year

I guess EY didn't feel it necessary to talk to employees or stock holders.

For those keeping score at home, SWN stock is down ~49% since he was named CEO and ~91% since he was named COO.

Numerous layoffs and "our future is bright" statements later, we are trash.

What a joke!

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Post ID: @OP+Zr7aUT1

20 replies (most recent on top)

SWN LinkedIn page posted about BW being a finalist a couple weeks ago... It's the only post they've made with disabled comments. I wonder what people were saying about our fearless leader?

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Post ID: @gwpl+Zr7aUT1

No sir, I disagree. Our leadership is as genuine as they come. I was told I’m a “straight shooter with upper management written all over me”. I’m confident the Thursday event is our mid year bonuses coming to fruition. I’ve already taken the liberty of booking a surprise trip for my family for July. So excited!

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Post ID: @cfec+Zr7aUT1

Authentic leadership is what you don’t have and you talk about it aaaallll the time. Get a grip!

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Post ID: @cnyi+Zr7aUT1

Update the percentages in the original post. Way clueless. Stock is sinking while he beats chest about Entrepreneur of Year. Next, someone (he or his sidekick) will nominate him from Employee of Year.

  • Repositioned

  • Reengineered

  • Reenergized

We need a Re-Do at CEO. R^4

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Post ID: @5pwu+Zr7aUT1

Only thing for sure gonna happen by midyear are more layoffs. Range just had layoffs yesterday

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Post ID: @5gcz+Zr7aUT1

I have hope. I need this mid year bonus for bills. Please Mr Way do the right thing for the right people. Don’t care if you have clogged the toilet (guessing that is not true at least I hope so) just do all of us a favor for the hard work!

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Post ID: @5kli+Zr7aUT1

I have no hope of getting a mid year bonus. The stock price is down today, presumably on the news of this rumor (and Mr Ways bathroom habits no doubt). To get to $4 by July 1 doesn’t seem as daunting as “50 in 5”, but yet it does! I’m going to announce to my family tonight that there will be no summer vacation this year. Bummer. Mr Way, go ahead and keep your stock shares.

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Post ID: @4gla+Zr7aUT1

Not so fast folks. Here’s what we’re hearing. Mr Way has indeed been doing some soul searching (and no doubt ruining people’s clothes who come within 30 feet of the 5th floor men’s room), however it’s not going to be as simple as just “you get a mid year bonus”. He will be declaring that it is YOUR job as employees to get this stock price moving in the right direction! Here’s the new deal: If by, July 1, you move our stock price to $4 or better, there will be mid year bonuses for most of the staff (except Chef, as he isn’t making Mr. Ways favorite breakfast any longer). However, if the stock price doesn’t reach $4 by July 1, its LAYOFF time! Better get to work if you want that extra coin!

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Post ID: @4xvm+Zr7aUT1

Prayers answered. I need this mid year bonus as I have mounting medical bills from my child’s hospital stay. I won’t have to worry about rent or having my car repossessed at least this month. Thank you Mr Way a true leader

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Post ID: @4nmo+Zr7aUT1

YAAASSSSSSSS! Thank you Mr Way for being an inspiration and doing us all a solid! Mid year spot bonuses are just what the doctor ordered for summer! Got several trips planned and can use some extra coin! Hey if it’s just a rumor it must be true! Thank you!

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Post ID: @3dlv+Zr7aUT1

Seems legit about mid year bonuses. Overheard some people in the know and this was discussed. So glad to hear this news verses layoffs.

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Post ID: @3qpw+Zr7aUT1

Go see the other thread. Not sure who M and S are but they must be important and on the inside. NO LAYOFFS!!! Bonuses in near future. I am going to ask my boss about this today!!!!

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Post ID: @3aad+Zr7aUT1

Thanks for using our bonuses to pay for the nomination of this Wjw Another Narrisiistic Keeping Energy Repulisive!

The guy whose performance can measured in lost value for the company (see current stock price) and the cutting of the right (R2) people thru layoffs!

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Post ID: @2xkx+Zr7aUT1

They paid all of your bonus to get him on the list! Hahahahahaha

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Post ID: @1see+Zr7aUT1

I wonder how much he (SWN) paid to get put on this list.

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Post ID: @tsa+Zr7aUT1

I thought an entrepreneur was supposed to take personal financial risk? Doesn't make sense that this has anything to do with Bill's job at SWN. Maybe he's investing his SWN millions into something we don't about?

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Post ID: @sgz+Zr7aUT1

I'm not with SWN, but seriously, I can't believe this announcement. Here is a full list of finalists in case you're looking for companies to not do business with:

Ricardo Rivas, Principal & CEO, Allied Orion Group, Houston, TX

Jason Floyd, President and Michael Monk, CEO, Amerisource Funding, Inc., Houston, TX

Khalid (Ken) Parekh, Chairman & CEO, AMSYS HOLDINGS, LLC, Houston, TX

Skip Herald, CEO, Axip Energy Services, LP, Houston, TX

Ben Richter, CEO, Bradford Airport Logistics, Houston, TX

Chris Pace, Founder & CEO, Centre Technologies, Houston, TX

John Cavitt, Founder & CEO, Covenant Testing Technologies LLC, Sugar Land, TX

William Leslie Doggett Sr., President & CEO, Doggett Equipment Services Group, Houston, TX

Brandon Dewan, CEO, Eagle Pipe, LLC, Houston, TX

Richard Wolfe, CEO, Empyrean Benefit Solutions, Houston, TX

Stephen Brewer, President & CEO and Shelly Brewer, Founder & COO, Express Corporate Housing, Houston, TX

Brian Cameron, CEO, Saqib Dhanani, Managing Partner, Zeeshan Makhani, Managing Partner and Karim Solanji, Managing Partner, HIREtech, Houston, TX

Sahiba Chadha,PhD, Owner & CEO, Indus Asset Management, Houston, TX

Brian Fielkow, CEO, Jetco Delivery, Houston, TX

Stuart Bradie, President & CEO, KBR, Inc., Houston, TX

Harris Khan, President, Hira Khan, Vice President and Shakil Khan, Chairperson, Maxx Builders Inc., Stafford, TX

Kendra Lee, Chairman & CEO, Merichem Company, Houston, TX

Brad Freels, Chairman, MIDWAY, Houston, TX

Amit Mehta, CEO, Moblize Inc., Houston, TX

Ivan Hand, President & CEO, Money Management International, Sugar Land, TX

Robert Workman, President & CEO, NOW Inc., Houston, TX

Thomas Vo, M.D., CEO, Nutex Health, Houston, TX

Warner Thomas, President & CEO, Ochsner Health System, New Orleans, LA

Eric Elfman, CEO and Eric Smith, Operations Officer, Onit, Houston, TX

Jeremy Osborne, Co-Founder & Chief Legal Officer, Pegasus Optimization Managers, LLC, College Station, TX

Brett Witte, Founder & CEO, Premier Coil Solutions, Inc., Waller, TX

Bill Way, President & CEO, Southwestern Energy, Spring, TX

Marc Jones, CEO, Sunpro Solar, Mandeville, LA

Michael Plank, Chairman & CEO, The Plank Companies, Houston, TX

Jim Clawson, President & Owner, Third Coast, Pearland, TX

Michael Vellano, Founder & CEO, Vortex Companies, Houston, TX

Chris Meaux, Founder & CEO, Waitr Holdings Inc., Lake Charles, LA

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Post ID: @ebh+Zr7aUT1

King Bill has no shame. Putting out a news release on this is the height of arrogance. In case there was any doubt now you know our leader.

HEY!!! Board wake up. Head is down in the feeding trough of Board fees.

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Post ID: @jsg+Zr7aUT1

Hey y’all! I’m in Vegas this weekend and I just placed a bet that our stock will hit $2.99/share before it hits $4.00 again! Safe bet, right!

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Post ID: @ilt+Zr7aUT1

Silly Willy Billy got the award for creating innovative ways of laying off employees.

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Post ID: @nos+Zr7aUT1

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