Dudes- have not heard what the worker B severance pay ia. How many moths? Vest? I. The dark

Value leak=letting experienced people go and putting people in jobs that they are not capable of doing. But none of that matters because the goal is just to pretty up the company for sale

It's a shame the cost of inexperience isn't factored in to layoff decisions. A Landman, who is still employed, took over an area with a well on the drilling schedule. The Landman did not do any due diligence until the rig was literally moving onto... — read more 

@2:02 where you be? I gotta get on that. Shoot me an email bro!

Hey it is obvious - new guys trying to put a bow on the company for sale. If you get a package feel lucky as the place will not be a good place to work. If you do not get a package use your time to polish up the résumé, talk to recruiters and find... — read more 

@4:25. Ditto, great post bro...u nailed. It

Chk can offer a great match, but I don't make enough to make it worth while . Some CHKers are delusional. But good luck, believing in Doug will set you free, one way or the other

HCE employee probably means the person is a middle level employee with roughly 130k base, 20-40k bonus which means that at most companies they only need ~10% match to max out

I don't call BS on the 401 k match , Devon does a much better, and several of the super majors do multiplier matches. I call you uneducated , bravo on the new job for the other person. Obviously a chk yes person out there but at least not totally... — read more 

I call BS on the 401k match. CHK is one of the best companies by far when it comes to matching. 1:1 to up to 15% is incredible. The rest I will say is plausible. CHK is not the best payer in the world. You came here for good benefits and the... — read more 

At a new job this past week, 401k match better than CHK since they have a multiplier I can get up to the 51,500 High compensation employee total, since they match 2:1. My base salary is 14,000 higher, and I only get one bonus per year which is bigger... — read more 

Decorations = value leakage; how many employees could have been given a decent severance? How much money could have been saved?...like rubbing salt in the wounds of those laid off. This restructuring is done with little thought and even less class.

APC core values 1. Integrity & trust 2. Servant leadership 3. People & passion 4. Commercial focus 5. Open communication

@9:40 good luck to you!

Yay! Hail bails and pumpkins to cheer us up!

@4:46 New hire = Jason Pig-guts mate from APC

@7:59, very true and really sad this is the way things have happened. 100% correct about the company no longer having a soul and you can really feel it. Nothing special or unique about this place anymore. And they better fcuking step up and increase... — read more 

@4:25 great post

@7:59 If it is about cost, whatever is being saved by releasing the "high cost" talent is being spent to bring in high cost executives from Anadarko. Agree just prepping to sell. CHK no longer has a soul, just a empty hull of what it used to be. My... — read more 

What I find reaaly disturbing is that the new managers and others picked to lead in the new structure freely admit to knowing more about the future plans, but have been told not to share anything. And then appear shocked to see that some people are... — read more 

7:25 it's not all based on cost. It's about getting the rights teams in place it get the nessasry things done. And done before the company is bought.

Value leak = what is left after your career if you choose to stay after the layoffs

@6:58. All choices are based on cost, not experience or need of the company. Where they can, older more expensive people are being replaced with younger 20 or 30 something's

Why did they let go of K Welch? Do they not need a Director of Recruiting? Or is it that he was over 50? Seems peculiar there are quite a few let go that are not the 30-somethings. Any attorney out there want to comment?

Nobody that works at Chesapeake Energy has any problems with improving things and strengthening the balance sheet. In fact most here are gladly willing to help. Nobody argues with the "what" has to be done. But the "how" everything is done and... — read more 

Fat cat execs from APC = Value Leak

Be return centric - the absolute best return on your time at Chesapeake is networking networking networking networking. Spend every moment of every day expanding your network. If you do not network you will not last long here

New hires still happening. One starting in 1G, 6th floor.

Here is what I am learning about the new management team and the new CHK 1 core values with management are just words. There is no open communication or integrity. The company should not have even started this open communication BS if they don't walk... — read more 

Another fat cat APC invader buying a rich ass house... http://www.oklahomacounty.org/assessor/Searches/AN-R.asp?ACCOUNTNO=R121901530

@ 12:45 & 1:01, thanks. I thought maybe there was another group inside called Access. RE: the story about the geo mgr. hiding in the bathroom to avoid being laid off, that probably came from a joke a (now) Sr. Geo and I made about hiding in the... — read more 

Access Midstream was removed from Outlook because they finally have their own system up and running. They were still sharing systems since the spin off in January No loss of employees.

@12:00AM Midsream

Gotta love the "manage by fear" routine. Talk about Old School! Where'd these idiots go to school? A$$#@!€$ R US?!

I agree cockiness reigns supreme. Not a smart way to lead.

Total joke on some of those promoted up. I have much better credentials and experience and now I have nowhere to move up in the company. A few of those promoted too early have now become cocky. This "I know it all attitude" by guys still living in... — read more 

Agree. 10-15% done. Many decisions being made on who the VP in charge likes the most - competency isn't necessarily the deciding factor. Very sad day for CHK and Doug is putting far too much faith in those remaining in senior management.

hellloooooo Christmas lights?????======total F#$&ing!Value Leakage if i ever heard of sucha thing. I sure hope that's a joke. please please please

Less Chiefs but same reporting structure. I bet 10-15% done with layoffs. What I don't think is that they will be finished by Nov 1. They have been very careful to say restructuring and not layoffs, RIF etc. There are still open management positions... — read more 

Is the story true about the geo manager hiding in the bathroom to avoid being laid off?