Topics regarding layoffs at Devon Energy Corp.

Topics regarding layoffs at Devon Energy Corp.

Devon layoffs in May?

I heard that layoffs may happen next week or they will be postponed until May. It’s messed up what ol’ butterfly is doing. Makes a statement about mid April and so far hasn’t followed through. Next week we’ll find out if he sticks to it. Another long... — read more 

CVX Takes Down APC

You think Sandusky would have taken a 40% premium to current share price?

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| 2500 views | | 4 replies (last April 16, 2019)
Post ID: @OP+YxanASp

Time to sell

FOR SALE: Formerly great oil company. CEO and COO won't leave until someone buys. Comes with large building that could be used for... could be donated to Oklahoma City as a tax write off.

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| 1800 views | | 2 replies (last April 13, 2019)
Post ID: @OP+YxXyvX5

Accounting Employees

How much longer will accounting folks be left hanging. I think the waiting is worse than the actual event. Get this over with!!

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| 2390 views | | 6 replies (last April 15, 2019)
Post ID: @OP+Ytgc4hS

AP Bots! Mega-Thread

Will management ever realize what an utter failure the bots have been and how much money we’ve sunk into them with minimal return? Obviously they know this, but it keeps getting pushed harder and harder. It’s past the point of no return. I have an... — read more 

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| 2730 views | | 7 replies (last April 20, 2019)
Post ID: @OP+YtXmsqN

Job Market Keeps Slowing

https://www.cnbc.com/2019/04/03/payrolls-up-129000-in-march-way-below-wall-street-expectations.html Get out now. Run and never come back.

Artesia

Wtf?? Revolving door over there

Any word of New Layoffs?

Is it possible that nothing is at least rumored. Kind of strange given that they weren’t shy to announce that layoffs could continue throughout the year. At my office there hasn't been much talk in the las couple of weeks, everything is back to... — read more 

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| 3650 views | | 8 replies (last April 8, 2019)
Post ID: @OP+YjeKBZY

Tired

I’m tired of these know nothing VP’s blaming everyone above them and below them for all the problems. They’ve apparently learned from the guy at the top on how to be Teflon. Maybe they believe they can save the ship but they are just sinking it.

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| 1800 views | | 2 replies (last April 4, 2019)
Post ID: @OP+YfsDBdM

The Facts

Let's get the facts straight. 1) Devon is not a good long-term company to spend your career. What once was, is no longer. Those who still tout Devon as being an incredible company are blind. Don't listen to them and focus on doing what is best for... — read more 

Numbers

What's the total headcount at Devon now?

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| 2600 views | | 9 replies (last March 29, 2019)
Post ID: @OP+YdLR1BV

Entitled Devon Employees

I have to assume most folks on this site are complete trolls or they are bitter from a sense of entitlement. For context, I've worked in several different companies across different industries and I've been at Devon for a little less than a decade... — read more 

Top 100 company to work for?

Do they still keep the trophies out on the reception desk in the rotunda? I remember laughing about those the day I was laid off in 2016. Thinking Devon wont see any more of those anytime soon.

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| 1990 views | | 6 replies (last April 5, 2019)
Post ID: @OP+YaYq8q5

Were there any more layoffs these days?

I know the official announced part of the layoffs has finished, however, I donćt doubt for a second that they will continue unannounced for a longer period of time. So, were any Devon folks laid of these days and ig they were at what locations?

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| 1990 views | | 5 replies (last March 21, 2019)
Post ID: @OP+Y9TEQQG

The job market

I heard a lot of opposing opinions on the topic of how strong or weak is the job market right now in our industry. How hard is to land a job at another company? I see a lot of people complaining how hard it is, but i didn't see many of them that... — read more 

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| 2410 views | | 4 replies (last March 14, 2019)
Post ID: @OP+Y4Y7LWK

They keep doing the same thing

I keep wondering why is it that this company keeps believing that laying off experienced employees will solve problems that were created by inadequate upper management? Has this ever worked in the many previous attempts they've tried it? Nope. And... — read more 

Jobs Jobs Jobs

For the IT folks there are jobs out here. You might have to move to Texas, but you may prefer to so you don't have to look at the "Big Drill" everyday in OKC. USAA has a big data center in Plano and their main office in San Antonio. I'm actually... — read more 

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| 1505 views | | 1 reply (March 14, 2019)
Post ID: @OP+Y3S0oh4

Who is next to get cut?

I can;t be naive to that point to believe that the layoffs won’t continue and that what they announced is just a fraction of the workforce to get cut. I’m certainly curios what departments and what type of workers will they be targeting next.

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| 1720 views | | 3 replies (last March 13, 2019)
Post ID: @OP+Y3g3RQF

Can’t believe they are doing this to the employees

My supervisor called me on the phone to come to a conference room. My manager, female HR for my dept, supervisor & security were all seated in the room. My manager read a script about how my position was eliminated, he appreciated my work & was so... — read more 

How does getting laid off at Devon look like?

I don’t want to refresh bad memories of the folks that got laid off, or put salt on their wound, but if someone who went through the process could post what do the actual layoffs look like. Is zou manager present or just the person from HR? Do they... — read more 

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| 3100 views | | 9 replies (last March 20, 2019)
Post ID: @OP+Y1MI0sP

How are you surprised by this?

It's been announced for 3 years they will do these cuts years thru 2020. They are selling Canada and the N TX plays. If you're in these areas you are prime target. But also non degree personnel are also prime target. Why you don't have an exit plan... — read more 

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| 1850 views | | 2 replies (last March 31, 2019)
Post ID: @OP+Y1a5AMC

Our G&A is about to look hella good!!!!!

Remember, in order to be beautiful butterflies we have to cut the fat! “A group of scientists from Oregon have discovered that butterflies experience a great loss in body fat during metamorphosis.”... — read more 

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| 1420 views | | no replies yet
Post ID: @OP+Y1WC8U2

No more Sunday evening Devon dread!

Best I’ve felt about an upcoming Monday in so long. I didn’t realize how much that place drains your spirit and resolve. I feel bad for the ones not laid off, prepare to be over worked and under appreciated. Deuces Devon. ✌🏼

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| 1451 views | | 1 reply (March 12, 2019)
Post ID: @OP+Y1rdaOY

It’s the smart thing to look for other jobs

Devon wasn’t the best employer in the industry as it is, and with the manner in which they performed layoffs they have created so much uncertainty that could possibly never end. I get the people that don’t have a choice, but think the smart thing for... — read more 

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| 1780 views | | 3 replies (last March 11, 2019)
Post ID: @OP+Y0xbFwT

Who is next to get the ax?

Well you gotta wonder who will they be targeting in the next phase of layoffs. Will they be cutting a little from all of the departments or selectively , specific work positions?

“Throughout the year” is a long time

There is no question that they will cut the workforce to a degree in which it’s barely possible to operate, but couldn’t have they just got it over with in a shorter amount of time or at least announce a more precise number of cuts that need to be... — read more 

whats up

who works for Devon - for a lengthy time. does not know if they will be employed in march. needless to say, past upper management made some big mistakes. no reining in of expenditures. no long term planning. no strategic planning and organizing. it's... — read more 

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| 2030 views | | 7 replies (last March 9, 2019)
Post ID: @OP+XYB2sEN

We're #4! Finally, something we excel at!

Devon is the fourth of seven stocks have done THE WORST in the current 10-year bull market. The article is here: https://www.cnbc.com/2019/03/06/these-seven-stocks-have-done-the-worst-in-the-10-year-bull-market.html Devon is in 4th, but moving up, It... — read more 

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| 1590 views | | 1 reply (March 12, 2019)
Post ID: @OP+XXgIyFu

Who will do the work?

With so many layoffs, huge attrition, very few people being hired to fill the vacant positions - who does Devon thinks will do the actual work if it continues like that? It is already at a point where people are doing the work of two or three people... — read more 

Catering Orders Tomorrow

Just wanted to check with everybody that usually gets food catered on Thursday mornings by vendors to see if there will still be food along my regular route tomorrow? A comment on this thread is fine—I’ll be watching to know what floors will have... — read more 

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| 2144 views | | 2 replies (last March 7, 2019)
Post ID: @OP+XXkvBCa

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