Topics regarding layoffs at Chesapeake Energy Corp.

Topics regarding layoffs at Chesapeake Energy Corp.

If I had to guess, I'd say someone with 6 years probably has between 40-80k stock, and while that's not unheard of for sign on bonus, my...

If I had to guess, I'd say someone with 6 years probably has between 40-80k stock, and while that's not unheard of for sign on bonus, my guess is your going to work for one of the offshore players that has an office in Oklahoma vs headquartered. Good... — read more 

by
| 330 views | | no replies yet
Post ID: @OP+rRxH5Gz

Perception is everything, when you layoff a specific demographic ie older employees even if in layoffs, age discrimination is arguable and...

Perception is everything, when you layoff a specific demographic ie older employees even if in layoffs, age discrimination is arguable and while some may disagree a jury of your peers looking over why a Billion dollar company can give you a severance... — read more 

by
| 372 views | | no replies yet
Post ID: @OP+rQBlUQt

...not everyone working for CHK works or lives in Oklahoma , as such I would think the blanket statements below are largely inadequate to...

...not everyone working for CHK works or lives in Oklahoma , as such I would think the blanket statements below are largely inadequate to describe the different worker protections that exists in the various states ....and if your case has potential... — read more 

by
| 301 views | | no replies yet
Post ID: @OP+rQhGekm

People think they can sue for anything and that part is true

People think they can sue for anything and that part is true. But winning a lawsuit is a WHOLE other thing. OK is proudly a right to work state and there aren't many rules for severance in a layoff. But certainly a company is allowed to have a... — read more 

by
| 267 views | | no replies yet
Post ID: @OP+rQTGqqH

I just wish they would just vest the stock or everyone leaving, 401k and actual, unfortunately DL doesn't have the heart to do that or give a...

I just wish they would just vest the stock or everyone leaving, 401k and actual, unfortunately DL doesn't have the heart to do that or give a modest severance. They are betting they don't get sued for wrongful termination. As a result, I don't wish... — read more 

by
| 316 views | | no replies yet
Post ID: @OP+rQWstXg

I looked that up the other day...pretty crazy stuff

I looked that up the other day...pretty crazy stuff. Don't quite know what to think of it other than I know he's not worrying about making future mortgage payments like I am. Must be a pretty nice feeling.

by
| 295 views | | no replies yet
Post ID: @OP+rQdVEfW

@ Truth be Told: Strongly disagree

@ Truth be Told: Strongly disagree. I believe they are cutting deep to save the company. Yes they will all make a ton of money, lots of people will be let go, unfortunately some of them will be good employees, and lives will change. But this is part... — read more 

by
| 280 views | | no replies yet
Post ID: @OP+rQ38GaU

@ Truth be Told: Strongly disagree

@ Truth be Told: Strongly disagree. I believe they are cutting deep to save the company. Yes they will all make a ton of money, lots of people will be let go, unfortunately some of them will be good employees, and lives will change. But this is part... — read more 

by
| 262 views | | no replies yet
Post ID: @OP+rQlNE0U

That's capitalism

That's capitalism. Get used to it. This will go on and on and on until there is a change in our society.

by
| 300 views | | no replies yet
Post ID: @OP+rQR20zR

Change leadership = get paid a ton of money to fire a bunch of people without regard to whether or not the company needs them, cut costs...

Change leadership = get paid a ton of money to fire a bunch of people without regard to whether or not the company needs them, cut costs just for the sake of cost cutting, make Icahn and yourself a bunch of money, laugh all the way to the bank... — read more 

by
| 280 views | | no replies yet
Post ID: @OP+rQSWHHN

Has the name E

Has the name E. Hunter Harrison been mentioned? Thats one of Uncle Carl's buddys that gets a cash handout before the company files chapter 11 and he resigns.

by
| 300 views | | no replies yet
Post ID: @OP+rPTR9cu

@ANON- agrees

@ANON- agrees. The difference is that during reorganization a company can't keep it's cards close to the vest. All is revealed. Won't be as easy for the company to BS the group 3 folks. Eventually they will have to move on to get anywhere. Ultimately... — read more 

by
| 322 views | | no replies yet
Post ID: @OP+rPHYoTZ

There Re 3 groups of people, group 1 is those who get promoted and have a future, group 2 are those who CHK has no use for so they are let go...

There Re 3 groups of people, group 1 is those who get promoted and have a future, group 2 are those who CHK has no use for so they are let go, group 3 gets a same level job- they are allowed to stay but do not have a future at CHK. In the end group 1... — read more 

by
| 307 views | | no replies yet
Post ID: @OP+rPN3e9Y

Start a new thread - post a news comment, question or message:

: