Stockholm syndrome?
How can one respectfully request a severance?
Seriously, I would jump at the chance to be packaged out of this goofy high school. Can’t believe I relocated for this dog and pony show.
Give For Good
I expect this year’s campaign might fall a bit flat.
How long do The Ties get?
The DVN BOD seems to be the most patient in the industry. At what point do they find a team that can execute for gosh sakes? How simple must the organization be before it can be managed by those studs in their ties?
Discrimination lawsuits are coming
I got my doctors recomendation today for medical cannabis. I talked to my attorney last Friday and I am set. If they fire me, I’ll be leaving with a big bag of cash when I file my discrimination lawsuit. I just hope that I don’t suffer from some sort... — read more
Retention
Can’t wait for dis retention to hit this month so I can jump
Layoffs
“So I am not saying there will be layoffs but I am not saying there won’t be layoffs....” classic
Dave
Dave hates engineers. Dave is the problem.
Pathetic earnings. Awful.
Earnings. After laying off 100’s and prices at historic unforeseen highs, we miss on revenue????? Vote of no confidence. To all the majors out there, please buy us. We don’t know wtf we are doing. We couldn’t make money if we tried. And once certain... — read more
WHAT'S WRONG WITH ME???
I keep having nightmares that I'm trapped in a town hall where our DH is on the stage yodeling for eternity in the exact same voice as that walmart yodeling kid on youtube. How do I make it stop?
Get ready for the rough ride
Analysts are going to have a field day with these earnings
No chatter on layoffs
Should I dare hope we are looking at better days because there's been little if any chatter on more layoffs? Or is that too much to hope for?
DVN and CLR should switch buildings
DVN should ask CLR to get their old building back. Few months/years from now the almighty tower will be half empty. Seems like CLR is still hiring and getting bigger.
Security
What’s up with the increased security today
Finally the EC steps up
Finally they are starting to get rid of dead weight. Thank goodness. No need to pay a babysitter millions a year If only they would cut deeper and remove the top tiers
It's all for nothing
I know so many good people who were laid off after decades with Devon just to be replaced with cheap, much younger employees who barely know what they are doing. They all worked hard, gave it their all, and for what? So that the company could use... — read more
D&C Engineers
Get ready for the mass exodus. It’s already starting.
Devon: Highering several accountant positions.
Several Accountant positions plastered on LinkedInm - Grab them while their hot, but remember, they just laid off everyone with half a brain. That means very little training to do the tasks of 3 formerly seasoned professionals. Remember a few years... — read more
Rebuilding the EHS Empire
Wow, wow. Im just astonished. After all the layoffs, now i see an EHS position in Cuero, Artesia, and yes even Gillette! Does management have any clue what it costs to lay off good people, pay severance, throw away thousands in training costs, and... — read more
Welcome to the Club
Dear Devon, Once again, welcome to the club! Sincerely, Chesapeake Energy
Finally made the decision
I've finally decided to leave Devon. I've been on the fence for a while now, but to be honest the complete lack of job security pushed me to finally bite the bullet and accept the offer that comes with somewhat less pay but also with much less... — read more
Strata - report
In reference to another post about looking at the financials of the various fields to see who gets sold next. Go to strata. Search core reports. Think you’ll be surprised to see the STACK. Enjoy
Coffee talk
TL:DR..Coffee talk instills yet more distrust. Mass exodus deemed unworthy of correction. Was recently involved in a coffee talk with someone SVP and above. Not going to say who or exactly when as I’m sure big brother could narrow down who is posting... — read more
Next round?
Any rumors of next round, I have heard some fairly unreliable rumors that there will be another round before year end. Anyone else?
Losing good people
As of now we’ve lost 50+ technical staff (eng/geo/land) since the layoffs. They are quitting, going elsewhere. What is HR/mgmt doing to combat this? That’s right....nothing. This place is toxic. The ship is sinking. Majority of my team is... — read more
EHS just got slaughtered
Good luck to everyone who found out today. For many I suppose it will be a great relief. Keep your heads up.
Takeaway from the Annual Beating?
Oops, i meant Annual Meeting, shareholders. What did we learn??
whats everyone doing
i dunno what to do every day
Severance Package ?
Does anyone one know when are we supposed to get the severance ?
Voting
Those of you who own shares....voting is due June 5th. Non-voting automatically is counted as “for” in regards to executive compensation. I urge all voters to vote against executive compensation and vote against board appointments. Our leader made... — read more
Embolization, an Alternative to Severance
Isnt that a wonderful word! I am proposing this to Devon upper management and pray that they read this. Lets say you want to terminate large numbers of support people, like droves of lawyers. I know, i know, that is not a soft target. Here in is the... — read more
Accounting being outsourced?
Yes. Yes it is.
Are we Out of Eagle Ford?
After selling significant assets in Eagle Ford to Penn Virginia in 2017, what is left? We continue to buy high, then sell low. No wonder wallstreet doesnt reward Devon. The current rise in share price is only thanks to Trump for destabilizing the... — read more
Who will hire older workers?
Somebody asked in another thread for a list of companies that will hire older workers (I assume the person was asking about companies in our field) and I realized that there is literally nothing to put down. Every single energy company is getting rid... — read more
Anyone Challenging Their Termination?
I want a reason why I was put on the list. I had a good performance review and think it is because of my age. Im feeling emboldened. Get ready HR for some EEOC action.
Round 2?
So when is it? Before end of year? February 2019?
70 Rule
So, I'm about to hit the big seven oh, meaning I'm about to turn fifty and I have been with Devon for more than two decades. How much exactly will my chances of being a part of the next layoff increase due to this? From what I've been reading, I... — read more
Is it true that we get backrubs if we are laid off?
I just heard from someone at HR that Devon will be providing backrubs to anyone who is laid off? Is this true? That can't be right.
Perfect 2020 vision! Road to $100!
the layoffs was totally worth it! after the announcement the stock price went up a few dollars-->followed by immediate celebration by DH-->followed by stock price falling a few dollars... based on this logic, we should layoff 10% every Quarter, and... — read more