Reason they boast the 15% matching is because they have such a high turnover rate and don't expect to pay up....which is why lots of other companies vest in the 1-3yr range and some even have pensions at the 5yr mark. The most competitors put money... — read more 

Giving us half ass information is the best way to piss people off. I don't give a shit about 401k matching. I'm tired of the management treating us like morons. I was one who was dumb enough to go with the flow and think everything is going to be... — read more 

Where are the core values? Where is the transparency? Why are you leaving employees in the dark on their futures with this company? Through the whole process of massive layoffs losing friends at the company and all the stress associated, you would... — read more 

What a shame. I'll show up to work tomorrow, do my job well, and try to forget about the garbage I'm reading on this page. If I'm smart I won't come back.

Doug is there to do what Icahn wants as are the board of directors. Remember all the switching around and new members last year? Their goal is to get stock up, not employee moral or bonuses. AKM actually cared about his employees and was forced out... — read more 

Expect more layoffs with every asset sale, common sense

CHK keeps moving on. The next big fork in the road is when/if Barnett sale is completed and what that means for staff levels.

AKM is the reason the company wasn't bought out long before by keeping a large debt balance and is the reason chk has all the assets they do. Your obviously not a finance guy so let me translate...ugh ugh ( interpreted as you are brainwashed chump)

If I get let go, I won't look back. I like coming here to read about rumors from the mothership because I'm out in the field. I like working here and I think Chesapeake will be around a lot longer because AKM is gone. He was a nice guy but over... — read more 

Has anyone been told what their pay or salary grade is? What do they mean?

I would like to thank all of you...the still employed at CHK, the laid off and now employed elsewhere, the defectors... and any category I may have left off. Every few days I come to this website just for shits and giggles. I appreciate your... — read more 

Bitterness is the path to feces.

Everyone I talked to is happier in their new land depts including me. Feel bad hearing they continued to delay the remaining ones bonuses....seeing that the upper management all got their stock awards on the 10th of January on time. So thankful I... — read more 

Most of the people laid off are making more working for the competition. Yay capitalism!

I guess Doug thought the landman positions were overpaid in Uniontown. This reinforces my belief that we're all replaceable regardless of how well we perform. Yay capitalism!

It has come to my attention that CHK is now hiring a Land Tech and Associate Landman for the Uniontown office after laying off approx. 80 people there. Bravo Doug. Clearly Forbes doesn't factor in job security in their criteria of best places to... — read more 

...they don't have a "complete sentence checker" on the page. "God bless and have in Sunday school today." What does that mean?

U can haz cheezeburger, once you learn punctuation and to be patient enough to verify your spelling by utilizing the spellcheck built in to this page. I'm sure your comrades are proud of the shining example you lead with your prideful and boasting... — read more 

A 62% increase in stock price? Correct me if I am wrong, but wasn't stock at $20 this time last year and now it's at $25.45. Wouldn't that be about a 21.41% increase? Or is he counting all the decimal amounts from the ups and downs throughout the... — read more 

Former CHKer, you are right on. They expect us to believe that 10% is industry standard. While there were quite a few overpaid folks in CHK, the masses of good hard workers are getting the shaft here after putting in their time. What does CHK think... — read more 

Industry standard is not 10%, more like 15-30. Can't believe Doug didnt understand why people are leaving. Good show, but the truth is he doesn't care and is downsizing by any means available. Don't worry I was clearly overpaid at CHk which is why... — read more 

I have seen this too many times before.It will not be pretty. Get ready for the second and third rounds of layoffs. It will look slow until Carl turns up the heat and Archie puts on the pressure on Doug. look for consolidation within and the KEY... — read more 

Well glad to see new management thinks 10% per annum performance bonus is perfectly acceptable with everyone. We realize we don't know how to add up what we used to make and as long as the fitness center & restaurants stay open that will keep me here... — read more 

My thoughts are it is the last year Chesapeake will be ranked.

If you are a friend of Dave Bolton, you will be fine and likely placed in a position of power. Other than that, good luck.

Thoughts?

My V.P. ,was talking to our managers last week about lower group members. Everyone was placed in groups 1-5. He asked for at least 2 team members to be placed in group 5. Want's the list by the 20th of Jan. He was VERY tight liped with any info. Good... — read more