Oklahoma City, Oklahoma-based Chesapeake Energy Corporation, and shale oil and gas production company, has announced a major post-bankruptcy restructuring that will reduce its headcount by 15%. Approximately 220 employees, located mainly at the company's Oklahoma City headquarters, will be targeted.
According to company CEO Doug Lawler, the company is “resetting our business to emerge a stronger and more competitive enterprise. Approximately 220 employees are affected by this action, and I would like to personally thank them for their service to our company."
A spokesperson adding, “As we prepare to conclude our restructuring, we continue to prudently manage our business and staffing levels to adapt to challenging market conditions and position Chesapeake for sustainable success,"
Change is coming. There will always be a tomorrow, no matter how much you may try to ignore it. There are no guarantees in life or promises for a bright future. Just because something bad hasn't happened yet, doesn't mean it won't. It can happen to anyone, anytime, anywhere. No one is guaranteed to wake up tomorrow and still have a job by evening. Are you now wondering, Am I Next?