As a result of the recent cuts to its energy team, Chesapeake Energy announced that it is laying off 1,000 workers in the spring in Virginia and North Carolina.
According to the company, the pay cut of 20%, will apply to about 800 employees across the two states. That’s right, you read that right. Chesapeake Energy is saying that it has laid off 1,000 employees in the spring of 2015.
Chesapeake Energy is saying that it has laid off 1,000 employees across the two states.
So it must be true. How could it possibly be untrue? Well, for the last few months, Chesapeake Energy has been laying off employees on a massive scale. In fact, Chesapeake Energy itself has been running on just a few thousand bucks a day in its last few years. At one time, Chesapeake Energy was going for $250,000 a week, which is about $20,000 a day, and then they went even higher and made $10,000 a day.
I could go on and on about how many employees Chesapeake Energy has laid off, but I’m going to let the numbers speak for themselves. In 2011, they had 30,000 employees. In 2012 they had 21,300. In 2013 they had 19,800. In 2014 they had 14,900. Those are all layoffs. In 2015, they’re laying off even more.
We all know that this is a pretty bad year. We all know that we owe the United States a lot of money. It all comes down to our own survival instincts. I would like to think that’s a lot more a good thing than the fact that we lost a lot of money in that year.
Its good that we are all in the same boat. What are we going to do when we make it to the end? I know there are some people who are just going to lay down and be in a deep coma. They might just die from their own stupidity. Most people are going to start looking for a new job. I just can’t see that working out.
Chesapeake Energy recently announced that they would be laying off about 15% of their staff. While most of these laid-off employees are taking time off (like the ones who are taking a vacation), the rest of their work force is moving to other companies. While the lay-off numbers may seem a little far fetched, it is a huge economic hit. For the first time in a few years, the industry has a serious shortage of skilled workers.
As the lay-off numbers have risen, the layoffs have been smaller. That is because Cenovus has been the dominant force in the industry since 2008 and thus has taken most of the losses. In the past, this industry was dominated by large energy utilities like TransCanada (which took the brunt of the industry’s layoffs), Conoco (which took even more), and Dominion (which took the brunt of the industry’s layoffs).
While the layoff numbers have risen, the layoffs have been much smaller than a few years ago. The industry has had a shortage of skilled workers since 2008, and since the energy industry has been dominated by large energy producers, they have taken the brunt of the industrys layoffs. As a result, the layoffs have been smaller than a few years ago.
