Seriously, why cut 200 people and then say that's it, FOR NOW? Leave the rest of us worrying and wondering when the ax is going to fall once again. What's the point? Just get it over with so we can stop stressing and focus on our work once again!... — read more
Layoff Rhapsody
Is this the real life? Is this just fantasy? Caught in a layoff No escape from the ax for me Open your eyes Look up at the lies and see I'm just a poor boy, but they have no sympathy Because we're easy come, easy go Nobody high, just us below... — read more
How much more than 200?
I imagine that most of you noticed in the company statement regarding the layoffs of 200 employees that the statement has been worded in a rather diplomatic tone, using word like: for now, layoffs would continue throughout the year, layoffs will be... — read more
Why would anybody quit?
Somebody said execs want attrition and are encouraging it - okay, I can see why that's a good thing for them, less money to pay out. But why would anybody leave voluntarily amid ongoing layoffs when severance is a realistic option? Even those who... — read more
Announced on KWTV today
Devon will layoff 200
New Devon Number 5!
Ladies and gentlemen, this is New Devon Number 5! 1, 2, 3, 4, 5 More people gotta go to keep the dream alive They say, we’ll grow and turn the corner But you know they really just wanna, Sell out like Kerr McGee Oh wait, I think I just spilt the tea... — read more
How would you ask for a package without getting let go with nothing?
How would you ask for a package without getting let go with nothing?
Yo, Devonites! Let's kick it!
Give me some money, Davey Give me some money, Davey Alright stop. We got investor friction Put Devon on track with some G&A restriction, Severance, I think about nightly, Just give me the dough or ya might as well fight me Will it ever stop? Yo, like... — read more
Monday
New week “New Devon.” How’s everyone feeling about “New Devon” after last week?
Hear CHK is going private, taking it off Wall Street
Can something like this happen to us?
J.H. Business Model
Give Devon a dollar, they make you a penny. Pretty much everyone else is better at ROI / capital. In O&G, if you're not making 10% ROIC, you're a loser. Unless oil breaks $65, Devon's best bet is selling off the DB acreage, lord knows that the only... — read more
Anything happening today?
Doesn't seem to be much going on as far as layoffs are concerned...
ABBU EHS Dream
ABBU EHS has a dream that you will not be judged by the size of your lobes but by the size of your light bulb head and the placement of your authenticated hard hat stickers. One day our EHS professionals will succeed in the effort to save millions in... — read more
Can people please share info?
No information forthcoming from management (no surprise there,) very little available to read here... This is absolutely nerve wrecking! Please, if you know what's going on, let us know. I'd like to get my blood pressure back to normal sometime today... — read more
Is it done?
Are we done with layoffs, at least for today?
What else is being hit?
Is it just my imagination or is this wave of layoffs smaller than we expected? We know HR and Recruiting are being hit, but I haven't heard anything else in the office or read anything else here. Are any other departments and locations being hit... — read more
Exit Packages being offered
Does anyone know what exit packages are being offered for those that volunteer to leave?
No future here for anybody
It is so obvious there is no future for anybody at Devon. Nobody is safe. The only way those on top know how to solve a problem is with more layoffs. Never mind that that didn't help at all any of the previous times, the strategy stays the same. Cut... — read more
Is JH the main cause?
Lots of people are thinking JH ithe issue! Your thoughts?
method to the madness?
How does management actually come up with their list of who they are laying off? Do mid-level managers have a say? Age? Salary? Performance? All the above? Asking for a friend.
Opinion: Ops test for rentention
IMHO, DVN should have an Ops test given to each employee covering basic oilfield operations and fundamentals. Anyone scoring below 75% should be released from duty. That should get us down to the desired headcount in OKC. No doubt DVN has some... — read more
Canada
DEVON ENERGY TO SELL CANADIAN OILFIELD ASSETS. How is Canada doing? What's it like up there?
How many people were hit by layoffs in February so far?
Does anybody have info or can you at least guess how many folks were cut in February so far? Also, I would like to get some opinions regarding what could be the final number of cut people when February ends? I know it's hard to determine, but any... — read more
What is the March purge?
Help a Devon newcomer out, please. What happened for the last several years in March?
Those were the days, my friend
Remember when Devon had guts, and the stock price was $120? It was not so long ago, either. Clearly the rank and file are responsible for this plunge (sarcasm alert).
Beware the ides of march
Purge 3.0
T Boone Says it Better
“If you aren’t replacing your assets, you’re liquidating.” So, this “new” plan revealed yesterday is supposed to increase shareholder value. Shedding Canadian assets may make sense, but taking the Barnett cash cow to market and leaving it there if no... — read more
3:30 CST 2/19/19.
One hour until big news. Grab your ankles!
Is anybody actually surprised by this?
Wait so there’s gonna be a February layoff? Shocking... haven’t we been doing rounds since 2016? The new executives/VPs come in from different companies, and are hopefully told some direction from the higher ups on budgeting etc. if not then they’re... — read more
Things that make you go hmmm...
CEO put in position who has been through large sale in past (Kerr-McGee) CEO brought out of retirement (age 61 now and will one day retire again with nice nest egg) Has worked to whittle down senior mgmt to only four Anybody who doesn't tow the line... — read more
Layoffs 2/28
End of feb layoffs across the board Topheavy strategy not working
How’s that working out for you?
We spent $50,000 to try to prevent SQ788 and now it has been almost 12 months since people have a license and could acquire stuff. Where are all the incidents, people stumbling around, people sleeping at their desks and in the stairwell. They must... — read more
Bye BW and MS
No one will miss you except Microsoft. You single handedly wasted enough time and money to successfully acquire a successful company.
New Layoff rumors starting
With oil prices and stock prices dropping look for move layoff in the fall.
sh-- bonus
f-you devon
Elliot management?
They will get the company sold or at least get rid of the ceo and his crew and lots of others.
Blood is in the air!
February will be short more than just days by golly. Good luck to the newly unemployed!
Why do furloughed government employees get public sympathy and LAID OFF private sector employees get none?!
They're opening up food banks, allowing rent, mortgage and utility bills to be put on hold. Only for furloughed government workers who will RECEIVE BACK PAY!!!! No public sympathy or help for private sector employees LAID OFF in droves!!
Delaware assets up for sale
Rumor is DVN has all of its Delaware Basin assets up for sale ?