Thread regarding Chesapeake Energy Corp. layoffs

Do this sound familiar? CHK has $10 Billion in debt . . .

“When you’re cursed with all this debt ($5 Billion), there’s no way you can grow or invest or compete anymore,” said Howard Davidowitz, a retail consultant who worked with Toys ‘R’ Us in the 1980s and 1990s. “Now they’re running up and down the halls trying to pick up the pieces, but there’s no way around it: This is a very bad situation.”

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| 1992 views | | 4 replies (last March 17, 2018) | Reply
Post ID: @OP+ScaN2fO

4 replies (most recent on top)

And yet the EC has us attend more culture training. Just plain stupid when we should focus on the basics of the oil business. Oh wait - they don't have a clue what that is! No wonder.....

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Post ID: @2ume+ScaN2fO

Makes me all warm and fuzzy inside

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Post ID: @2cdn+ScaN2fO

2x the problem of Toysrus which is in process of liquidation

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Post ID: @phk+ScaN2fO

Yes, why yes it does...

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Post ID: @zun+ScaN2fO

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