Chesapeake offers voluntary separation program to 275 employees Chesapeake Energy Corporation announced on its website that it has offered a voluntary separation program to certain Chesapeake employees as part of the company’s ongoing efforts to improve efficiencies and reduce costs. The voluntary program is being offered to approximately 275 employees who meet criteria based upon a combination of age and years of Chesapeake service. Eligible employees will have 45 days to consider the offer. Those employees who choose to accept the offer will separate from the company in February 2013. The company retains the right to temporarily delay key employees' departures from the company to ensure appropriate staffing levels to meet business needs. Reference Link
News For CHK From The Last 14 Days
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McClendon wants large slice of his new energy company, WSJ reports Former Chesapeake Energy CEO Aubrey McClendon is pitching Wall Street on his new energy company, American Energy Partners LP, and he wants to raise between $2B and $3B of "initial equity capital" for the exploration-and-production company. But this time It isn't clear he will get what he wants, reports the Wall Street Journal. Reference Link