I did perform my job to the best of your my ability to bring value to the company and was still laid off. So did many of my fellow employees. So think twice becasue that won't save you in the next round.
I agree with below - comp review awards reschedule to ensure they can layoff more in January and forego the awards
I agree with below - comp review awards reschedule to ensure they can layoff more in January and forego the awards
1:58 is obviously an ER agent
1:58 is obviously an ER agent. It's probably Lance or Jennifer. Yep more is coming. Even the folks here in HR know this is just a lull. Have you been to the Embracing Change class? Sure I'm unhappy with the changes. Uhh, really Training going to ask... — read more
1:58's nose is so brown he doesn't realize this company lost all its class and reputation during the layoffs
1:58's nose is so brown he doesn't realize this company lost all its class and reputation during the layoffs. I betcha he's in management. His tune may change if he has to go through the slaughterhouse type layoff I had to go through. I was treated... — read more
1:58 If you're not concerned about further layoffs then why are you still reading this site?
1:58 If you're not concerned about further layoffs then why are you still reading this site?
Reviews weren't postponed
Reviews weren't postponed. It's simply a move to a system comparable to every other company in the industry. Annual reviews. Nothing about that implies another wave of layoffs. Everyone needs to stop coming up with these conspiracy theories. The... — read more
Reviews postponed?...means more layoffs coming, just needed more time to make the cuts
Reviews postponed?...means more layoffs coming, just needed more time to make the cuts
Stock is going onward and upward!!!! Wait for Carl to dump then bail.Doug is a face man and Archie is the knife, look it up!
Stock is going onward and upward!!!! Wait for Carl to dump then bail.Doug is a face man and Archie is the knife, look it up!
More layoffs likely, especially considering the new comp review changes, expecting this to continue well into the spring
More layoffs likely, especially considering the new comp review changes, expecting this to continue well into the spring
Layoffs are NOT completely over
Layoffs are NOT completely over. Don't trust a word coming out of their mouths. I know first hand from a friend of mine still in HR. they are still trimming fat but trying to settle everyone down first. Don't want anyone jumping off the top floor of... — read more
Next wave? But Doug said they were done! Wha whaaaa whaa!!
Next wave? But Doug said they were done! Wha whaaaa whaa!!
The next wave starts on 11/4, I heard around 250 will be hit
The next wave starts on 11/4, I heard around 250 will be hit
What assets are going to be sold next?
What assets are going to be sold next?
One thing that hasn't been mentioned is the sale if Keystone quarry
One thing that hasn't been mentioned is the sale if Keystone quarry. That particular asset was purchased to ensure rock was available for drilling. With that being sold CHK is again at the mercy of resources. Why would you sell it? Well, if you... — read more
it was all about streamlining before an asset sale
it was all about streamlining before an asset sale. shareholders love that $#!+ Frankly, I'm glad I'm gone and don't have to sit around and wonder anymore. good luck to anyone needs it!
When is the next wave of layoffs?
When is the next wave of layoffs?
It was all about cost
It was all about cost
It was basically all about headcount , they didn't even care if it cost more to contract it out vs have an employee
It was basically all about headcount , they didn't even care if it cost more to contract it out vs have an employee. It really was about getting rid of cost but some cuts were just for looks as well
About 150 were let go in Land Title and the work will be sent to brokers
About 150 were let go in Land Title and the work will be sent to brokers. The balance have been distributed to other groups such as Land Admin, Division Orders, and Exploration. Three supervisors were kept and quickly demoted. One coordinator... — read more
Too all that have been let go
Too all that have been let go. Raise your glasses!" Too Us and Those like Us....Damn Few left!!! Too those left behind, We will meet on the field of battle again. Too those who choose to stay and destroy CHK, you will be remembered even if you don't... — read more
@ 2:15, with all due respect, nobody who loses their job thinks they are lucky
@ 2:15, with all due respect, nobody who loses their job thinks they are lucky. May take years to see it, if ever. Depends on how they handle it. As I've said before, in worse times for me, never complain about your job to someone who doesn't have... — read more
Hey 11:06, ya think that might say something about the value of land title in the grand scheme of things? Hate it for the individuals but...
Hey 11:06, ya think that might say something about the value of land title in the grand scheme of things? Hate it for the individuals but that was not a surprise to anyone with a pulse.
Does anyone know how many mentors and coordinators were canned in Land Title?
Does anyone know how many mentors and coordinators were canned in Land Title?
Those of you that were laid are indeed the winners, without a doubt! I'm gonna have to leave this shithole of a company but it will be on my...
Those of you that were laid are indeed the winners, without a doubt! I'm gonna have to leave this shithole of a company but it will be on my own dime when I do. You guys are lucky!
@1:10 I would like to know the same
@1:10 I would like to know the same. I was a hard worker who always finished my assignments and never complained about working late. I was canned and another dude that could barely do half of what I did is still there.
@ 11:22 I am curious how winners and losers were picked
@ 11:22 I am curious how winners and losers were picked. Winners being those NOT laid off (which is debatable I suppose). Force ranked by managers, then cut those same managers? Or managers with no insight making decisions about employees based on a... — read more
@3:17: land title was exterminated
@3:17: land title was exterminated. about 90% of the department now they're all fending for themselves and unable to find any work locally without 7+ years experience
Was wondering exactly what positions/departments were hit hardest?
Was wondering exactly what positions/departments were hit hardest?
For anyone left who is debating leaving, I would recommend against 2 weeks notice as they are likely to terminate you immediately without any...
For anyone left who is debating leaving, I would recommend against 2 weeks notice as they are likely to terminate you immediately without any additional pay, so I would go out on a payday....doubt you they would even pay for days worked between pay... — read more
What kind of info are you looking for? The general severance pkg details are widely known.
What kind of info are you looking for? The general severance pkg details are widely known.
Anyone out there waiting for all their $$ before sharing interesting info? This site may slow down over the next several weeks, but may pick...
Anyone out there waiting for all their $$ before sharing interesting info? This site may slow down over the next several weeks, but may pick up a lot of steam in December (when all the outies receive final severance).
Did anyone else print off their compensation report? You know the one that says what compensation CHK pays you throughout the year
Did anyone else print off their compensation report? You know the one that says what compensation CHK pays you throughout the year. 401k match is shown on the report as part of your pay. If 401k is not vested I'm sure some legal action could be taken... — read more
401k called deferred compensation
401k called deferred compensation
no 401k vesting
no 401k vesting
@ian donald: the lady told me the 401k portion does not vest like the equities do
@ian donald: the lady told me the 401k portion does not vest like the equities do. I am not sure why this was not addressed on the Q&A sheet because it is pretty important to a lot of people.
@ 11:04, you obviously don't know what you're talking about re: your "#3"
@ 11:04, you obviously don't know what you're talking about re: your "#3". CHK and other operators I know go to great extremes to do the best they can to avoid environmental damage. To do otherwise would be political/economic suicide. And would also... — read more
Does the 401K fully vest part of the three months standard severance pkg? Or is it only the stock options that vest.
Does the 401K fully vest part of the three months standard severance pkg? Or is it only the stock options that vest.
@CHK Truth - Why do you think the "Field" gives a rats ass about the Halloween party? Silly since we're not around there to attend such an...
@CHK Truth - Why do you think the "Field" gives a rats ass about the Halloween party? Silly since we're not around there to attend such an event anyway. It's true Aubrey is a wildcatter, the very definition of, but Lawler is no leader at all...much... — read more
Lol, 11:04 is an illiterate moron
Lol, 11:04 is an illiterate moron. Where would one get the courage to blather on like they have something intelligent to offer then they use a word like "equitation". Use big words much, dumdum? Why don't you list the work that CHK has outsourced out... — read more
Bottom line is that the new oilfield era that started around 1993 is a joke
Bottom line is that the new oilfield era that started around 1993 is a joke. companies think the need 3 times the amount of people to do a job today compared to 1 prior to 1993 during the old oilfield era. other oil and gar companies will be doing... — read more