But they will come eventually.

Nobody in the company says anything.

I Volunteer as Tribute!

Wouldn’t it be fun if DL got “the email,” was read a generic bs letter by a stranger, then given 10 minutes to gather a few things and get out forever? Pick those boxes up at the curb next week, son!

is that I’ll have to come back tomorrow.

Not unexpectedly, I just got my notice and so did two other colleagues from my department. Hope the damage isn’t too bad for everyone else today.

Hard to defend a company run by 'leaders' whose convoluted approach to workforce reduction amounts to an inexorable process of adverse selection and a resulting employee base with ever-diminishing capabilities. In other words, although layoffs... — read more 

Defend the company. Market appears to be finished.

Now down 5.5% to 85 cents. Delisting on the way if things don't change for the better really soon.

Ready for directives from the top

If people would just get on the mood elevator and we can lay off more people we can turn this thing around!

So why hasn't pursued an industry or private equity partner? Chk has a scale problem as it cannot adequately service the assets. Case in point is Haynesville. No drilling and just sitting there declining with value diminishing. This asset is... — read more 

Is drilling going to just flush money down their holes and hardly produce anything? Why has that asset got so much capital allocation? They only thing they produce is excuses.

Problem solved most companies cut pay and quit paying bonuses when things get tuff but Chesapeake keeps paying bonuses to worthless workers upwards 25,000 or more for long term employees and 13,000 and less for 10 years or less employees. And Has... — read more 

Everyone part of the land rif was negative during a culture unfreezing session.

A big wave of layoffs is, most certainly a shock, but at least they get it over with sooner. Dragging this for a longer period of time would be death by a thousand cuts, which is in my opinion the bigger of two evils. What do you think is going to... — read more 

Looks like my (numerous) predictions on this board that CHK would be a penny stock before the end of the year have been realized ... a couple of months early (and yes, lots of people laughed). Next Stop: Delisting Way to go, "cream of the crop"... — read more 

Things we say everyday while at work! Keep it short. My attention spans is ve...

We heard Geo was getting hit today but doesn’t sound like it.

Brad Martin 250K sh RDL 50K sh

https://www.google.com/amp/s/seekingalpha.com/amp/news/3515615-chesapeake-energy-plunges-1-survival-question

Any predictions on how the meetings with the BOD will go? Wondering if someone is going to be forced out or retire...

Will they file?

We all know that by now the question is how big will the layoffs be, rather that will they happen? I believe that everybody is aware that things will get real ugly and that we all have to brace for impact. Has anyone heard any rumors about what... — read more 

Don't wish this on anyone

I think every % below $1 should be a percentage of payroll/personnel eliminated. In 2 day we will be at about $.75 so that would be 25% of payroll we need to reduce. A 25% payroll cut could be DL by him self or everybody in Haynesville which ever... — read more 

not good

Glad I got out in 2013!

Just saying

Heck, I'd even volunteer if there was a way to do it (is there?) For as long as there is a semi-decent severance package I'd be happy to leave this place.

How long will we have to wait before we know any details on what's going to happen? We are all well aware that major layoffs are coming and the whole wait will only make it worse on us. I'm already stressing more than I did yesterday and I know it'll... — read more 

This has been done... but some people would be fired in the process. Can y’all at least have an intervention with this guy? He could make a huge cost reduction by taking a salary commensurate to similar sized companies. He’s not all in, why should... — read more 

Down 17.95%, drilling budget to be reduced by 10% for 2020.

I wonder when CHK will hit the Warn Act requirements AND THEN be open and transparent about the layoffs?!? Thank god I had all the Senn Delaney training. I’m trying really hard to be here now and move myself up the mood elevator and assume positive... — read more 

Doug did his best to keep people employed thinking the combination of prices and oil drilling would pull this thing off. Times are different now for the industry. He has been very loyal to employees and should be thanked. Things have a way of... — read more 

But needs to be done. Tough decisions but necessary for survival.