These folks need to go. Huge leadership issues.
Energy Editor Looking for Interview Subjects
Hello, I am the energy editor with PennEnergy.com. I am writing an article about how layoffs in the energy industry are affecting lives. I would like to know what your company gave you as far as severance and placement services, how long you have... — read more
Asset
How is asset looking? Any numbers?
Numbers
What groups got impacted the most?
Any dipshits in Supply Chain gone?
Have any of the idiots in Supply Chain been escorted out yet?
Devon used to be a great company....
We used to be a wel run company, then we built this tower as a symbol of the patriarchy and hired thousands on cisgender transphobes without working to make this company a safe space for our best people.
Well, I'm screwed (literally)
The HR VP I slept with just got laid off. I slept with him for protection but now I'm a sitting duck. I'm a good looking cisgender female, and if anyone knows someone of power who needs "convincing" let me know.
NAMES OF PEOPLE AS THEY ARE LET GO, POST HERE.
Please post names of the people as you find out.
Cowards of anonymity
It amazes me sometimes what people post because it is anonymous. I guess their real character is best shown when they can hide. Some of the posts on here indicate some people did not really deserve to be laid off....they should have been fired a long... — read more
How is Technology Group on 34 doing today?
I heard their VP, Hobbs, was let go. Anyone else? He was a terrible person.
Wednesday Thread?
Should we get one going before 8? Posting initials, business units, areas? Or just let it bet now that we know it's happening?
Building covered in plastic this morning
Pretty depressing.
Why Houston has so many companies and understand why they do, whereas OKC has Devon, Sandridge, Chesapeake, Continental...
Why Houston has so many companies and understand why they do, whereas OKC has Devon, Sandridge, Chesapeake, Continental, and some much smaller companies. I know certain "heritage companies" were formed in Oklahoma, just wasn't exactly sure what's... — read more
Remote Access???
Anyone else having remote access issues?
Does anyone know how long it takes to get Devon severance pay?
Please let me know
Executive pay being cut?
So has there been an announcement about these executive leaders taking a pay cut to try and help the worker bees? What was I thinking?!!! All those guys care about is themselves. They rarely frequented the floors below 40 while I was there.
Non core assets
I work in the field what exactly does it mean sell of non core assets And people being picked up by whoever buys them.... Sorry but we aren't getting much info
Park Harvey bar
Park Harvey Bar will be open starting noon this week. ;)
Layoffs are coming tomorrow and Thursday
I have a buddy that is pretty close to the CEO and he tells me it will start tom and end Thursday. This is a reliable source. Sorry to break the news to you all. God bless
Updated: Layoffs Information as of 4:55pm CDT for NYSE:DVN
Devon Energy Corp. announced earlier today in a email message sent to employees and staff the following: -Wednesday, February 17, 2016 between 8 a.m. and 12 p.m. (Supervisor layoffs) -Thursday, February 18, 2016 between 8 a.m. and 12 p.m. (Everyone... — read more
How do you guys feel today?
Just curious, how each of us is processing this from the emotional stand point.
Approximately 700 employees in Oklahoma City are directly impacted
Devon will reduce its headcount by approximately 20 percent in the first quarter, or about 1,000 positions. There will be up to an additional 600 employees impacted by the sale of non-core upstream assets. In most cases, we expect these individuals... — read more
OFFICIAL NEWS RELEASE
http://www.koco.com/news/Devon-Energy-expects-layoffs-to-be-complete-by-Thursday/38025094
Where is everybody meeting to booze?
With these layoff coming we gotta take the edge off.
Worked as an accountant for Devon over 12 years up to 2014. I left because what started as a great family oriented employee oriented turned
Into corporate hell. Great employees took ownership worked hard sacrificed family health and relationships andhelped drive them to success but soon went unappreciated. Myself and several others won EEOC cases based on age etc against the Devon... — read more
Layoff Timeline: OFFICIAL
Tomorrow morning we will begin employee reduction notifications. Notifications will be conducted on an individual basis, and we ask that all Oklahoma City employees stay near their primary office location the next two days. Leaders and HR... — read more
Additional G&A Cost Reduction Initiatives Underway
Devon also realized significant general and administrative (G&A) cost savings in the fourth quarter. G&A expenses totaled $194 million, or $3.10 per Boe. This result represents a 25 percent decline in G&A year over year, saving nearly $60 million... — read more
Wednesday
Wednesday will be mass exodus