Thread regarding Chesapeake Energy Corp. layoffs

There are fewer and fewer reasons to stay here

This is no longer the same company I started working for a few years ago. I used to be really proud to have a job here. Not at all now. I see no reason to stay here other than not finding another option?

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| 2641 views | | 6 replies (last October 20, 2021) | Reply
Post ID: @OP+1dhPddvA

6 replies (most recent on top)

I remember all that worthless stock and worthless stock options given instead of cash. Great way to cut your total compensation.

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Post ID: @8kzd+1dhPddvA

“The company also unveiled a new compensation plan, in which long term incentives will be paid entirely in equity with 75% of the award value linked to total shareholder returns.”

So, basically your LTI is going to be worth less than the paper it’s printed upon.
Karmic cycle all over again.

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Post ID: @7ulk+1dhPddvA

Welcome to 2013.

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Post ID: @7twf+1dhPddvA

Depending on how you feel about it ( and if your department is on board ) at least you can work from home now.

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Post ID: @5znn+1dhPddvA

“... other than not finding another option”
That’s the reason, you addresses your own concern already

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Post ID: @2dcg+1dhPddvA

With deldumbo in as ceo. God help you all.

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Post ID: @1nck+1dhPddvA

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