Topics regarding layoffs at Chesapeake Energy Corp.

Topics regarding layoffs at Chesapeake Energy Corp.

Unless you had a contract with them and they somehow breached it, then how could you possibly sue? Most people are at-will employees so the...

Unless you had a contract with them and they somehow breached it, then how could you possibly sue? Most people are at-will employees so the only obligation they had was to provide 60 days notice under WARN, which they did. Instead of being litigious... — read more 

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Post ID: @OP+stxupBq

@ 9:13: Help me out here

@ 9:13: Help me out here. Why would anyone sue? This is a company with high debt and one that was built to run 150 +or- rigs but now plans on running 65 or so rigs. Land rush is over, debt not dropping significantly, working on cash flow. Where is... — read more 

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Post ID: @OP+st2tBYo

anyone?

anyone?

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Post ID: @OP+stkbf4K

I was laid off from a non-OKC field office Sept 24

I was laid off from a non-OKC field office Sept 24. Wondering if they're gonna close or consolidate where there are 3 offices within 15-20 miles of each other?

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Post ID: @OP+ssOONje

I got severance docs earlier this week

I got severance docs earlier this week. Huge packet with all laid offs info in it. Could have save money and trees by just sending departmental info to person affected. Still 401 info is not clearly spelled out. I think HR is trying to be ambiguous... — read more 

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Post ID: @OP+ssOpIhO

Chesapeake is dead broke

Chesapeake is dead broke. They are billions of dollars in debt and have since their founding been borrowing from Peter to pay Paul. It is a cycle that cannot continue much longer. If oil drops to $85 a barrel that will almost certainly be the end of... — read more 

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Post ID: @OP+spng08Q

Who left?

Who left?

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Post ID: @OP+snncEM8

Another 6yr CHK VP left the company today

Another 6yr CHK VP left the company today. Bozos running the ship now without the last sane, influential, talented, top tier operational VP. Isn't good for the home team!

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Post ID: @OP+snhZ4ke

Christmas lights are run on natural gas generators, no electricity

Christmas lights are run on natural gas generators, no electricity. OKC loves them and they have become an annual event and folks come in from out of town just to see them. I think it would not be worth the bad reputation NOT to have them.

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Post ID: @OP+sminJIf

Icahn is no dummy - He got Lawler to be ceo

Icahn is no dummy - He got Lawler to be ceo. Icahn won't sell until he has a sufficient profit. If he makes $10 per share then he nets $600 million

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Post ID: @OP+smg5JG7

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