Chesapeake Business Practices

[soonerguru]

Interesting about the gym and restaurants -- makes perfect sense.

Wonder if the restaurants will open to the public?

It will be so pleasant dining in a former commissary that looks like a 21st Century recreation of a mental institution.

[soonerguru]

They should meet with state employees who have survived multi day per month furloughs and full on RIFs on numerous occasions over the last two decades, as well as with those who are now elsewhere.

You left out "state employees, who haven't had a pay raise since 2006 and are constantly told every day that they are burdensome leeches to the 'job creators' and taxpayers" by our governator.

[Pete]

It will be so pleasant dining in a former commissary that looks like a 21st Century recreation of a mental institution.

They have several restaurants and they all look very nice to me, especially the two newest: Skyline and Creekside.

[bradh]

If they make their running track public I'd be there running several times a week.

[Pete]

Here are the five (!) Chesapeake restaurants:

[Pete]

If they make their running track public I'd be there running several times a week.

It's not locked up, at least when I've been there.

[warreng88]

If they make their running track public I'd be there running several times a week.

Yeah, it was never locked up when I was there and I would go running around it Saturday morning and a lot of times after work. There are some other calisthenics type of machines there were people can workout without weights.

[bradh]

good to know, i never knew that. didn't want to be the lone non-CHK guy just wandering on to get a few sprints in

[warreng88]

good to know, i never knew that. didn't want to be the lone non-CHK guy just wandering on to get a few sprints in

There were so many people there that I wouldn't know who was and wasn't a CHK employee. You don't have to check in at the receptionist's desk to work out on the track so it wouldn't surprise me if there were non-CHK people out there. I would guess Nichols Hills has some people who go to it every once in a while.

[Easy180]

Here are the five (!) Chesapeake restaurants:

Just a tad over the top. Guessing they will be scaling these down to a couple of delis and vending machines

[Libbymin]

Talked to a friend of mine over there who said the morale sucks right now and no one is being productive at all. Land Title Dept. will probably be cut altogether. The rumor is that the layoffs are being done every other Tuesday to coincide with the pay periods. Since there was one last Tuesday, there will probably be a big one next Tuesday. This time with all of the worker bees.

The bad thing, from CHK's standpoint, is that they're going to lose some of the good people who would be worth keeping. Some of those guys are throwing out resumes to other companies already.

[bradh]

It's a tough position to be in, leave now and lose a potential severance package (but get to other employers before others) or wait it out, pass on other potential offers, and maybe get left looking around after everyone else who lost a job has been picked up.

[PhiAlpha]

Talked to a friend of mine over there who said the morale sucks right now and no one is being productive at all. Land Title Dept. will probably be cut altogether. The rumor is that the layoffs are being done every other Tuesday to coincide with the pay periods. Since there was one last Tuesday, there will probably be a big one next Tuesday. This time with all of the worker bees.

The bad thing, from CHK's standpoint, is that they're going to lose some of the good people who would be worth keeping. Some of those guys are throwing out resumes to other companies already.

A lot of guys over there have been throwing out resumes for a few years now.

[Libbymin]

A lot of guys over there have been throwing out resumes for a few years now.

True, but I think that has definitely accelerated within the last few months. The bad thing about coming from the Land or Land Admin Dept at CHK is that they have a reputation for specializing everyone over there. So when Landmen try to move from CHK to another company, prospective employers will say "well this candidate isn't really a Landman, he's a 'Title Specialist'".

[PWitty]

I saw Jeff Mobley said the other day during a presentation that CHK has roughly 6,000 employees that fall directly under the CHK umbrella and work for the actual E&P division of the company. That means the other 6,000 of the total 12,000 employees are all employed by the various service companies CHK owns, which seems about right. Using the E&P employment numbers puts them a lot closer to their competition than I think most people would realize. For instance Devon is listed as having 5,700 employees, only 300 less than CHK's E&P totals. But most people will point to CHK's 12,000 total when they compare the two, which isn't necessarily fair since Devon doesn't have all the extra affiliates that bulk up their employment numbers (at least not that I know of).

[Bellaboo]

One of my wife's girlfriends just resigned from CHK. Said she was bored to death, had been there a year and hardly did anything. She told her that two others in her section had quit earlier, but they replaced their positions with just one person.

[kelroy55]

One of my wife's girlfriends just resigned from CHK. Said she was bored to death, had been there a year and hardly did anything. She told her that two others in her section had quit earlier, but they replaced their positions with just one person.

I hope she had a new job to go to before she quit.

[Bellaboo]

I hope she had a new job to go to before she quit.

She does, but it was all about moving to be closer to her boyfriend.....

[Libbymin]

One of my wife's girlfriends just resigned from CHK. Said she was bored to death, had been there a year and hardly did anything. She told her that two others in her section had quit earlier, but they replaced their positions with just one person.

There are two common complaints you hear from employees at that company. On one side you have those who are overworked. On the other side, you have a lot of people (particularly in Land) doing the same thing. Not only that, but they have a much narrower scope of responsibilities than a normal Landman.

I've heard people say that they think it's crazy for anyone to leave a company with the kinds of benefits they have (or had), but sometimes it's just not worth it if you have to spend 8 hours a day staring at your screen and looking for something to do.

[onthestrip]

There are two common complaints you hear from employees at that company. On one side you have those who are overworked. On the other side, you have a lot of people (particularly in Land) doing the same thing. Not only that, but they have a much narrower scope of responsibilities than a normal Landman.

I've heard people say that they think it's crazy for anyone to leave a company with the kinds of benefits they have (or had), but sometimes it's just not worth it if you have to spend 8 hours a day staring at your screen and looking for something to do.

Heard the same. I know someone who quit a few months ago for this reason, there was nothing to do. You can only have so much water cooler talk before your work life gets too boring. And on the opposite end, I know some in accounting that work through lunch and put in extra hours because of the workload.

[lasomeday]

I heard from quite a few friends this week that work at CHK, that there will be more layoffs next week. Most of the layoffs so far have been management and above and this layoff will be the first to hit the ones that don't have any direct reports.... so it could be massive.

[BG918]

Heard the same. I know someone who quit a few months ago for this reason, there was nothing to do. You can only have so much water cooler talk before your work life gets too boring. And on the opposite end, I know some in accounting that work through lunch and put in extra hours because of the workload.

Yep, I know someone there who works in Land. They all have "areas" that they focus on, and if there is not any activity in that area they literally do nothing for months at a time. She would come to work, play on the internet, work out at the fitness center, and then leave early everyday. She has some work now but maybe a couple hours a day of actual work. All the while pulling in 65K a year..

[MadMonk]

I know a guy that works there, but hasn't been directly affected yet. According to him, the mood is quite grim as you can imagine.

[Libbymin]

I heard from quite a few friends this week that work at CHK, that there will be more layoffs next week. Most of the layoffs so far have been management and above and this layoff will be the first to hit the ones that don't have any direct reports.... so it could be massive.

A friend in Land at CHK told me that Tuesday is expected to be the big day when all of the "worker bees" get let go. Supposedly a lot of conference rooms are booked for that day. The idea is that they want everyone to be situated with their new groups and positions by November 1.

[Easy180]

A friend in Land at CHK told me that Tuesday is expected to be the big day when all of the "worker bees" get let go. Supposedly a lot of conference rooms are booked for that day. The idea is that they want everyone to be situated with their new groups and positions by November 1.

I was part of a have to let you go party in a conference room a few years back...The douche led off with a joke