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ICYMI

According to this leaked email, big layoffs may be coming to Chesapeake Energy

3:00 AM EDT on September 17, 2013

chesapeake

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."

Here's the snippet where Chesapeake talks layoff numbers:

The layoff will affect certain employees working at the Company’s Oklahoma City Campus facility located at 6100 N. Western Avenue in Oklahoma City, OK. The layoff (when combined with subsequent layoffs which may occur within the next 90 days at the referenced facility) may affect at least 50 employees and one-third of the employees at the referenced facility or 500 employees at the referenced facility.