Chesapeake has cut about 10 pct of its workforce
HOUSTON Oct 8 (Reuters) - Chesapeake Energy Corp has eliminated about 1,200 jobs, or 10 percent of its workforce since the start of the year, a company spokesman said on Tuesday.
Chesapeake's new CEO Doug Lawler has pledged to relentlessly focus on costs to improve profits and had initiated a broad review that aims to shrink the oil and gas company by year's end.
Lawler replaced former chief executive Aubrey McClendon in June.
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