Thread regarding Chesapeake Energy Corp. layoffs

401K Match / Profit Sharing

Anyone notice how leadership has driven right by this. So they acknowledged that they took it too far going from a 15 to 6 percent 401K match and developed the profit sharing program which has paid out nothing in the past two quarters, what a joke. How about cutting out the frivolous spending, trips, overstaffing, etc. and providing a meaningful benefit again…

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| 2081 views | | 5 replies (last December 7, 2023) | Reply
Post ID: @OP+1pF6iIDI

5 replies (most recent on top)

Lay offs involved only the fake advisors that could not calculate terminal descending velocity for Timmy’sracing pigeons

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Post ID: @iecm+1pF6iIDI

We must pay for The Narcissist - it’s the Chesapeake way.

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Post ID: @gwlb+1pF6iIDI

Did they lay off all of the fake advisors or just the fake advisors that didn't choke TB's chicken?

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Post ID: @9zgr+1pF6iIDI

15% 401K match sounds great for recruiting, but as we veterans learned the hard way, 15% of worthless stock equals zero financial value. Shame on Nic. He and TB can eat a bag of deeks.

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Post ID: @2zhb+1pF6iIDI

They should make you invest in their worthless stock like last time.

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Post ID: @2qsh+1pF6iIDI

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