A grassroots organization focused on the intelligent and sustainable development, preservation and revitalization of Tulsa.
 
Welcome, Guest. Please login or register.
Did you miss your activation email?
March 28, 2024, 09:37:01 am
Pages: 1 ... 6 7 [8]   Go Down
  Print  
Author Topic: Chesapeake Struggling?  (Read 28920 times)
Conan71
Recovering Republican
T-Town Elder
******
Offline Offline

Posts: 29334



« Reply #105 on: March 18, 2013, 03:24:27 pm »

Quote
OKLAHOMA CITY - Chesapeake Energy Corp. spent more than $170 million buying up office properties outside of its core campus over the past several years, but its spending spree appears to have run out of gas after company founder and CEO Aubrey McClendon announced his impending departure earlier this year.

Local real estate market observers are keeping a watchful eye on the natural gas company to see what it will do with the vast amount of office space it holds.

A recent report released by the real estate firm Grubb & Ellis/Levy Beffort, estimates Chesapeake controls about 7 percent of the city's office market.

Although Chesapeake's appetite for office space has been insatiable in recent years, the company has slowed the pace of its acquisitions and has even begun to unload some of its real estate assets at a loss.


Read more from this Tulsa World article at http://www.tulsaworld.com/business/article.aspx?subjectid=49&articleid=20130318_49_0_OKLAHO332601
Logged

"It has been said that politics is the second oldest profession. I have learned that it bears a striking resemblance to the first” -Ronald Reagan
Townsend
T-Town Elder
******
Offline Offline

Posts: 12195



« Reply #106 on: September 17, 2013, 07:52:42 am »

http://www.thelostogle.com/2013/09/17/according-to-this-leaked-email-big-layoffs-may-be-coming-to-chesapeake/

Leaked email warns of big layoffs at Chesapeake Energy

Quote
If you work for Chesapeake Energy, it may be time to polish up your LinkedIn profile. We have obtained through the Ogle Mole Network a Chesapeake email that suggests the company could layoff 500 employees or more from its OKC campus within the next 90 days. The email was sent to the personal email accounts of several laid off employees in order to comply with the federal Worker Adjustment and Retraining Notification Act (“WARN”). According to the Department of Labor, WARN “protects employees, their families, and communities by requiring most employers with 100 or more employees to provide 60-day advance notification of plant closings and mass layoffs of employees.”
Logged
Townsend
T-Town Elder
******
Offline Offline

Posts: 12195



« Reply #107 on: October 08, 2013, 02:59:06 pm »

Chesapeake Energy Corp. lays off 800 company-wide, 640 in Oklahoma City

http://www.kjrh.com/dpp/money/business_news/chesapeake-energy-corp-lays-off-800-company-wide-640-in-oklahoma-city#ixzz2hANFmeSY

Quote
OKLAHOMA CITY (AP) -- Chesapeake Energy Corp. is laying off 800 workers across the company, including 640 at its home base of Oklahoma City.
The company says the Tuesday layoff announcement is necessary to keep the oil and natural gas specialist competitive.
Chesapeake CEO Doug Lawler told The Oklahoman (http://is.gd/h6HZS9 ) that he's working to keep the company vibrant for "decades to come"
About 1,200 people have left jobs with Chesapeake since the start of 2013.
Lawler says Chesapeake has spent the last several months examining all aspects of its business. He says that process is now over and the company will continue with exploration and production.
Logged
Gaspar
T-Town Elder
******
Offline Offline

Posts: 10964


Connoisseur of fine bacon.


WWW
« Reply #108 on: October 08, 2013, 03:42:21 pm »


Yeah, they have a developer I want.  Fortunately for him and unfortunately for us, they are keeping him. . .at least for the time being.
Logged

When attacked by a mob of clowns, always go for the juggler.
heironymouspasparagus
T-Town Elder
******
Offline Offline

Posts: 13214



« Reply #109 on: October 09, 2013, 04:40:36 pm »

Yeah, they have a developer I want.  Fortunately for him and unfortunately for us, they are keeping him. . .at least for the time being.

If you want him, go after him.  He is really puckered up right now, worrying about the next round.  Perfect opportunity for some cherry picking!!  Unless of course, you also do business with Chesapeake....then not so much.
Logged

"So he brandished a gun, never shot anyone or anything right?"  --TeeDub, 17 Feb 2018.

I don’t share my thoughts because I think it will change the minds of people who think differently.  I share my thoughts to show the people who already think like me that they are not alone.
Pages: 1 ... 6 7 [8]   Go Up
  Print  
 
Jump to:  

 
  Hosted by TulsaConnect and Powered by SMF 1.1.21 | SMF © 2015, Simple Machines
 

Mission

 

"TulsaNow's Mission is to help Tulsa become the most vibrant, diverse, sustainable and prosperous city of our size. We achieve this by focusing on the development of Tulsa's distinctive identity and economic growth around a dynamic, urban core, complemented by a constellation of livable, thriving communities."
more...

 

Contact

 

2210 S Main St.
Tulsa, OK 74114
(918) 409-2669
info@tulsanow.org