Topics regarding layoffs at Chesapeake Energy Corp.

Topics regarding layoffs at Chesapeake Energy Corp.

While I'm waiting for layoff...

I am looking for a new job and that is my priority I am re-engaging neglected contacts I try not to think at all what will happen to this company because I don't care anymore I am aware of the imminent end of this company I do only... — read more 

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Post ID: @OP+1afpZ0xX

How hard was it for you to find a new job?

I hear a lot of positive stories about how people found new jobs soon after they got laid off. I was laid off a few months ago and still can’t find a job. I know it's too early and it will certainly take a few more months, but I'm already panicking... — read more 

Communication

Does anyone find it annoying the lack of communication around here? I feel like I’m walking on eggshells. No communication whatsoever post Bankruptcy which is kind of mind blowing to me..

Is this deja vu?

Doug and his regime of losers are planning idiocy anew. Bloomberg says CHK is in the market for the garbage Alta Resources ginned up in Appalachia. Alta is backed by Blackstone and the deal would give Blackstone a huge profit. I wish the clowns... — read more 

Anyone left since bonus or about to leave?

Yes I know I don’t have a life and still care about those left behind to struggle. But I still monitor this site to see how the remaining souls are surviving. It’s been pretty quite and that either says that everyone is content and happy or everyone... — read more 

Question

Does anyone know who bought the east side of campus? 13,14,15 and data center??

Compensation?

Anybody hear anything about compensation updates? Would be nice to know who our “peers” are these days and if we should all just try to find jobs at Paycom and Amazon now.

Employment with Land Brokers

People laid off from land should contact brokers on the CHK approved vendors’ list for work. I’ve noticed that many land brokers Chesapeake used received multiple huge loans from the Federal Government PPP. Western Land Services received nearly 5... — read more 

Talk Show Host

The company is really f’d up to lay off engineers and geologists and keep the talk show host. Hey Frank, know anything about shale yet?

So how many will be leaving next week.

Since the LTI is getting paid out on Friday, and the recent weeks lack of answers give the appearances that the new board can’t make decisions. How many are going to continue to ride this out?

New name?

So are we changing our name or what

Here you have it folks

KOCO 5 spoke with Chesapeake Energy CEO Doug Lawler about climbing out of a hole and what comes next. No more layoffs are expected as part of the bankruptcy... — read more 

CEO and the Lost Ogle

The Lost Ogle has a great new article on this failure of a ceo's current home value. He screws up everything he touches. He overpaid for everything, including his own home. He can't manage anything correctly. No wonder he destroyed this company. He... — read more 

OKC real estate will take a huge blow

CHK employees and their relatively high salaries have helped prop up the high end of CHK real estate. Now, area real estate will fall. When I left CHK it took 3 years to sell my house and just break even. So, if you have real estate, get it on the... — read more 

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| 2460 views | | 6 replies (last February 11, 2021)
Post ID: @OP+19kkc8x8

Career transition assistance

I left the company not so long ago and managed to find a new job in this sector, although it was not easy. I was very lucky. How much harder it has become to find a job in the meantime, I don’t know, but I’m afraid the situation is far from great. Is... — read more 

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Post ID: @OP+19gAdGkV

Leave while you can

Looking for a new job while you still have one is so much easier than having to look when already jobless. The writing is on the wall. There is no future here for anybody but the select few. Get out now with your head held high instead of waiting for... — read more 

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| 2640 views | | 5 replies (last February 5, 2021)
Post ID: @OP+19fuSr69

The beginning

This plan has been an absolute. I'm sorry Doug isn't letting you in on it but its for the best being in a management position isn't easy. This 200+ is just the next but we strong will survive the week. CHK will retain under 275 employees after... — read more 

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| 4220 views | | 7 replies (last February 6, 2021)
Post ID: @OP+19eUZkeV

How bad will this get?

What numbers are we talking about? How many employees will end up receiving their walking papers as the result of this restructuring?

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| 3370 views | | 5 replies (last February 3, 2021)
Post ID: @OP+19eiT9r1

It will be okay

Hey all! I was let go back in September and being laid off from CHK was a burden that I didn't know I had until it was taken from me. I loved CHK and would have never left myself but once my career there had ended, years of stress and uncertainty... — read more 

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| 3110 views | | 5 replies (last February 4, 2021)
Post ID: @OP+19eGB6SC

Florence Italy!

years ago when several hundred Chesapeake employees were scheduled to receive their walking papers DL thought it would be a good idea to attend a conference in Florence Italy with his wife. The same day good loyal employees are having a terrible day... — read more 

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| 3100 views | | 7 replies (last February 5, 2021)
Post ID: @OP+19enDUW9

More layoffs....still no vision

Instead of taking a hard look at what kind of haircut we need. We just trim the mullet a little bit every quarter and wonder why we never get the girl. BoD is bout to tell us we need a burr when everyone would agree we would of looked hot with a... — read more 

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| 3880 views | | 3 replies (last February 3, 2021)
Post ID: @OP+19cZso7A

Wednesday

May the odds be ever in your favor.

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| 5980 views | | 14 replies (last February 3, 2021)
Post ID: @OP+19cf5Lw8

Why lay off?

Money’d up (credit), contracts renegotiated and far less debt, commodity market looking good and why lay off? Have to drill some more (way more than now) and everything that follows. Now is not the time to lay off, it’s time to make hole, get some... — read more 

New name

Anyword on what the new name will be?

401k

Do we have any chance to have our 401k restored? That was my main motivation to stick with this company, but now I M starting to feel hopeless

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| 3100 views | | 4 replies (last January 26, 2021)
Post ID: @OP+194hpmdD

Layoff Timing

Has anyone heard anything? One would imagine it would need to happen in the next week or two.

Chesapeake Energy Arena

At what point will Chesapeake Energy Arena be renamed? I mean it's hardly appropriate to keep the disgraced name of Chesapeake. C'mon OKC, you're better than this.

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| 2451 views | | 6 replies (last January 21, 2021)
Post ID: @OP+18Z66ffI

Transparency?

I don’t work here. I do watch this page sometimes as Chesapeake is a major part of OKC and I have friends who have worked there. Plus I check on a few other companies on the layoff as I own their stock. Does your company seriously not tell you... — read more 

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| 2680 views | | 4 replies (last January 19, 2021)
Post ID: @OP+18YhpvHo

What’s next?

What are the likely scenarios to play out after handing over ownership to senior lenders, particularly from a personal standpoint?

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| 2661 views | | 7 replies (last January 20, 2021)
Post ID: @OP+18YJd2Mm

How proactive are you in your job search?

I sent resumes to dozens of places, but getting called in for an interview is like finding a needle in a haystack. I’m still safe here, but I can’t stand the atmosphere in this company anymore. The labor market is very bad and I doubt it will get... — read more 

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| 2370 views | | 3 replies (last February 12, 2021)
Post ID: @OP+18Vr0TTZ

Management deserves to be complimented

Chesapeake managers "should not be criticized," said Jones, "they should be complimented," citing the energy market crash. "I reject the assertion that people threw caution to the wind." Our management did the best they could and this is a good... — read more 

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| 3101 views | | 8 replies (last January 19, 2021)
Post ID: @OP+18UL5xhj

New MT

what’s over under on a Anadarko cronies staying after bk?

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| 1770 views | | 2 replies (last January 14, 2021)
Post ID: @OP+18Rf3JQr

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