Thread regarding Chesapeake Energy Corp. layoffs

Selling off Assests

2 business units under purchase and sale agreements. Feels more like a Chapter 7 bankruptcy now.

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| 4374 views | | 5 replies (last September 9, 2020) | Reply
Post ID: @OP+16FuUnd4

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Any idea what severance packages look like? If there is one?

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Post ID: @cgjx+16FuUnd4

Anything is for sale for the right price. In Chesapeck’s situation, everything is for sale for any price. It’s hardly up to management, this is more like ch 7.

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Post ID: @1yev+16FuUnd4

I thought maybe Sligo/Mansfield was on the block.

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Post ID: @nxi+16FuUnd4

Rockies and Midcon, farewell.
Massive 400-500 people lay-off will take place over the next 2-3 weeks.

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Post ID: @qdu+16FuUnd4

What is an assest?

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Post ID: @nzv+16FuUnd4

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