CHK is laying off. Right this minute according to my channel 5 mobile app.
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http://m.koco.com/news/sources-layoffs-happening-at-chesapeake-energy/35554482
They are saying about 1,000 affected.
CHK is laying off. Right this minute according to my channel 5 mobile app.
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How do you guys think the ETE purchase of Williams will affect Tulsa and Oklahoma City employees?
Based on the language in the merger announcement, there will be a meaningful presence in Tulsa. What that means is anyone's guess.
If I had to speculate, I would say most if not all shared services are gone. Accounting, legal, IT, those types of functions. I would think, the operations type functions would have a better chance of survival.
It is impossible to know how this will eventually play out. If there is duplications in roles, the "satellite" offices will probably lose.
What are you guys thinking? How has the Williams / Access merger played out?
This is an interesting site. It seems to be accurate and timely.
https://www.thelayoff.com/chesapeake-energy
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