Chesapeake Energy Corporation (NYSE:CHK) has laid off over 1,200 jobs this year, amid accelerated cost cutting exercise initiated by its new CEO.
Following dozens of previous layoffs during the past weeks, the country’s second-largest natural gas producer laid off 800 workers.
Chesapeake's cost cutting drive
Mani is a Senior Financial Consultant. He has worked in Senior Management role in large banking, financial and information technology organizations. He has provided solutions for major banking and securities firms across the globe in the area of retail, corporate and investment banking. He holds MBA (Finance) and Professional Management Accounting Qualifications. His hobbies are tracking global financial developments and watching sports
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