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Chesapeake Energy Planning Cuts

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Chesapeake announced plans to eliminate all but 40 of the 225 jobs at its Charleston, West Virginia office last week. Chesapeake announced plans to eliminate all but 40 of the 225 jobs at its Charleston, West Virginia office last week.

News On 6

OKLAHOMA CITY, OK -- Plunging oil prices spell cutbacks for Chesapeake Energy.

The Oklahoma City-based company says it's cutting oil and natural gas production about 7% because of declining prices.

Chesapeake announced plans to eliminate all but 40 of the 225 jobs at its Charleston, West Virginia office last week.

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