They just crush Devon all the way. Maybe Hamm could teach our leaders what to do.....?

I’ve heard from several people that the 2018 bonus payout will not happen. Any truth to this? How could this even be the case when we’re just finishing up Q1, seems a bit premature.

What do we make of this? Are we looking at more layoffs? Strong wells in Oklahoma and New Mexico helped boost first-quarter oil production at Devon Energy Corp. even as accounting charges led the company to post a $197 million net loss in the first... — read more 

For all the lucky ones that got laid off . When should we start applying for benefits ? Any advice ?

For those who were considering quitting Devon before the layoffs and are still here, here's a handy article to help you decide. 7 Signs You Should Quit Your Job Because Sometimes It's Better To Walk Away... — read more 

This is becoming really tiresome. Instead of the true dead weight in the company, Devon keeps laying off good people who actually know how to do their jobs and more than pull their weight around here. How exactly do they expect to see any... — read more 

Will a list ultimately be mailed out to those terminated, (as in 2016) showing age and positions? Read the agreement carefully. I'm sure that HR modified the legalese based on 2016 lessons learned. My prayers go out all of you. I was in your shoes... — read more 

So survivors and victims, when the next sh-- covered shoe drop? Bet senior management won't make it to December 31.

I was offered a position with Devon. Signing bonus, they pay relocation. If I quit within 4 years all has to be paid back. All within 2 year, half if 3 years. During layoffs I was given a letter that pretty much suggested Devon would prefer I resign... — read more 

Ok, just look at the 1 year stock chart, comparing CLR vs DVN. That says it all. Continental making steady gains, while Devon has peaks and valleys. Continental is lean and mean. Where Devon was 10 years ago. Continental still has their founding... — read more 

I heard from two sources that Wellcon is shuddering and BU geologists are going to steer their own wells as in the golden days - any truth? What about the DE's in Wellcon if true? All that data will be lost, or maybe just the geologists are affected.

Have all the 300 jobs that were announced by Devon for elimination cut in the past two days? Has the nightmare of constant anticipation and stress finally ended? Or do we have more of the same to look forward to next week? Please somebody tell me... — read more 

Devon is a founder of WEN in Oklahoma but finally got rid of the last two females in leadership in Delaware. Hear new org chart is coming... Let's count how many are left all together.

I’ve seen what they have allowed to continue.

i'm publicly asking the devon board to increase compensation for the exec team. DH's leadership, energetic speeches, and inspiring crystal-ball 2020 vision (full pun intended!) fully justify his 2017 $13M compensation (>50% increase from 2016). even... — read more 

The only good move Devon ever made was acquiring Mitchell Energy for the Barnett Shale. Also management... Mitchell discovered horizontal shale drilling and its success in the Barnett, Devon did not, so stop telling people that Devon discovered it... — read more 

Is it true that middle and upper management get to write, negotiate, and review their severance packages weeks before layoffs? My manager told me he had at least two jam sessions after hours with some of his peers so they could get on the same page... — read more 

So, OK, current management indicates that Devon has identified $5 billion in properties that could be sold. that is about 30% of our wells value wise. Does that really mean the employees are going to continue to be decimated after every divestiture?... — read more 

I thought this could be useful to post here today more than any other day. Laid off from work? 8 things to do the week after you're let go... — read more 

So far we know accounting got hit hard today. Anything else?

...when is this going to happen?

Well, I tried to get some sleep last night but I failed miserably. As if the stress of waiting to see if I am on the list is not enough, now I'm going to have to go through that on no sleep at all. It'll be a "fun" day, that's for sure. At least I... — read more 

Be careful what you say on social media. I know that there was at least on case from 2016 that Devon when after someone sharing too much info on their package. You just won the Devon lottery so don't complain. The Devon you loved is died years ago... — read more 

https://in.reuters.com/article/brief-devon-energy-says-ceo-david-hagers/brief-devon-energy-says-ceo-david-hagers-fy-2017-total-compensation-was-13-4-million-versus-8-8-mln-in-fy-2016-sec-filing-idINFWN1S20PT

Real story is when does fasslers open

For those in the know, how will the hundreds of supervisors and managers fit in the small number of projects remaining? This is a real problem that I thought executives would have gotten right in today’s management reduction. But as we witnessed... — read more 

Prediction: exodus of productive employeees who do not get a package this time around Once a few leave, it will snowball. Faith in managment is lost. Same thing happened at a few other peer companies last year. Once it starts, it is difficult to... — read more 

Doesn't look like much was done.

check your emails.

Do we finally know what the full package looks like?

How did RTO and their 5 managers fair?

Buckle up folks, it has definitely started. Today it's managers, tomorrow is the main dish - everybody else. I'm personally really happy it's finally happening, the whole waiting game was worse than the actual layoffs. I'm now at a point where I'm... — read more 

Several managers cut this morning. So it has started. Tomorrow will be staff.

There was no email, there isn't a chance layoffs are going to start today. I'm willing to bet good money on it. Go to work and relax. Save your health. You can start stressing out when it really starts happening (I know I will) which will most likely... — read more 

Warm regards today. Be safe and stay positive.

Any good stories from the tower that need to be told before you're gone?

No names, just positions.

Are we moving the predictions to tomorrow (Thursday and Friday are really not that likely,) or is it going to be the following week after all?

Life after Devon does exist. After being with Devon for almost 15 years I could no longer watch the current leadership take this great company that Larry Nichols built and reduce it to a laughing stock any longer. I left and it was the best choice I... — read more