Just when you thought it was safe, Chesapeake Energy CEO Doug “the ax” Lawler has done it again. Two years ago Lawler swung the ax and fired 800 employees in a single day (see The Great Chesapeake Massacre: Lawler Fires 800 People in One Day). He’s done it again. Citing low commodity prices for gas and oil, Lawler fired another 740 Chessy employees yesterday. Most of the employees fired worked at Chesapeake’s Oklahoma City headquarters–562 of them. However, the firings reach across the country. We’re aware of at least two Chesapeake employees let go at the company’s St. Clairsville, OH office in the Utica Shale. The firings (or layoffs, if you prefer) represent 15% of the entire Chesapeake workforce, which as of today now stands at around 4,000 people. No doubt the firings make Lawler’s boss Carl Ichan happy…
