What’s the word around campus of layoffs in January?

Well boys and girls.....no comp improvement for anyone going fwd on EOY 1 on 1. Sorry kids, Daddy L's comp package has to be paid by someone.

In the Confirmation hearing?

Yesterday’s testimony was surreal, especially the afternoon session—Bradley Martin, the Chairman of the Board—the Frank Sinatra of Chesapeake. According to Brad’s testimony, in May while the Board was scheming to punt on voiding 3.8 billion in... — read more 

Wrong answers only

do you think chk will be around in december 2021? if yes tell us why? if no, why are you so negative?

?

If management could bring back a few of the people they kicked to the curb - people who were “top shelf” at their job, knew how to get the most out of themselves and their people, straight arrows who put the company ahead of their own selfish... — read more 

But the way the VP’s keep from firing managers is to fire the technical advisors, then make the managers the technical advisors. Seen it across the entire industry.

Will current management still be running the company post-bankruptcy?

Is there any?

What happened ?

A current employee told KOCO 5 that it's "like a bloodbath inside" and employees didn't have any warning of the layoffs. "The company itself has had some difficulties because of their extremely large debt,” said Dewey Bartlett Jr., chairman of the... — read more 

major company to takeover

Any news?

Read an article-expect out of bankruptcy in 2021 and company to “ to operate in a reasonably conservative approach for the foreseeable future.” Is this possible?!? No layoffs soon???

Happy Thanksgiving to all my chk family. Today should be a stress free day full of thanks. I’ll be forever grateful for what CHK has given to me all these years. I will forever love my work family & wish nothing but the best for all of you. — read more 

Kirkland and Ellis is charging around 3 million a month for legal services, with average hourly rates of $1,007.45. Their bill just for August was over 3 million and they get 80% of their bill paid once a month before the bankruptcy is completed. ... — read more 

CHKAQ = $2.61 😳

Why was that censored?

Curious what the CEO’s want as criteria and requirements were prior to his arrival? Must wear dress shirts from gap kids Must pretend to be a tough guy in town halls Ideal candidate will believe that simply stating analysts don’t understand him... — read more 

Tapstone

We all know when a company files for bankruptcy, layoffs are always involved. It's expected. But when you factor in all the complications regarding our bankruptcy, the scope could be much bigger than we expect. A lot of coworkers are anxious over... — read more 

Does the OSC exist anymore?

CEO Doug Lawler had been awarded $120.8 million in reported compensation since he began his tenure in 2013. What did shareholders get for that?

Anybody think there will be more voluntary layoff offers or layoffs with severance? Do you think they will happen before, or after, bankruptcy is final? Enquiring minds wanna know

Jim Henson’s..... Scratch that........ The “Lawler / Patterson / Del’Osso” Puppet show !!!

I’ve seen nothing about the fate of the Campus? It’s built for 5,000 - 6,000 employees. CHK or whatever it will be called in a few months will only need one-fourth of that space, at best. Can CHK be forced to sell and give the proceeds to creditors?... — read more 

Tapstone Energy is sure active in snapping up distressed assets?! After its attempt in Templar Energy, Tapstone is named as the stalking horse bidder for Chesapeake Energy's Mid-Con assets with a USD 85m bid, per notice filed today.

So, I now have a bunch of these sad junk CHKAQ stocks, since I have never sold any of my LTI CHK stocks, waiting for Santa Claus to manifest himself ..... Do you think that the Ch.11 proceedings will sweep then down to zero? Or you think there is... — read more 

Remember those days of fashion police? Where exposing tattoo, or wearing dress outside HR with certain pattern was not accepted, of course the ladies in HR would dress as if they are in a disco and ... Oh well when the focus of an energy company... — read more 

Check out some of the latest dockets. People owed by CHK requesting permission to pursue the debt, regardless of bankruptcy proceedings. You know what that foreshadows? A high likelihood of liquidation. Companies owed massive amounts of money will be... — read more 

My source says thousands and thousands will be laid off. They’re going to lay off everyone next Friday, then they are going to call everyone who has worked for Chesapeake in the past 10 years and lay them off from their current jobs, too. And... — read more 

No matter what position you are in, PXD has provided you and/or your family more pay than other peers. If you disagree, than you're stupid for even staying this long. And if your that stupid, don't even reply and I hope you're on the list. ... — read more 

Wonder why this thread was archived and can no longer be posted to ? Maybe the truth hit home ?

Unfortunately it’s not ridiculous at all. Again, my source confirmed today that Midcon and Rockies are essentially a done deal for divestiture. That alone may result in up to 300 cuts. Then, STX is being actively offered to some of the major... — read more 

I'm wondering if the folks who were cut in the past year were able to find a new job by now? This question especially goes for those who were cut since the pandemic - is it as bad as I fear or are there some opportunities available after all? I'm... — read more 

Curious why “local” management would cut two very experienced and trustworthy const foremen just to put someone with no knowledge of the job in their place. That seems to be poor management at its best or DD taking care of his friends. Oh, excuse me... — read more 

I've heard layoffs will continue for the next month or two and they are looking to get rid of a significantly larger amount of people than originally planned, is this true? I've heard people even mention 1000 folks will be cut which I think has to be... — read more 

Just read the revised leadership structure. Still looks mighty white. For the record, Donald Torres is not Hispanic. This may not look obvious to most but look at south Texas leadership vs management. Not too many Hispanic names.