Topics regarding layoffs at Devon Energy Corp.

Topics regarding layoffs at Devon Energy Corp.

Very Few Looked At Invoices

Devon has been raped and pillaged by contractors over the last few years. It is now obvious the company was paying higher prices for the same services other companies were receiving for much less. Some Devon people were likely complicit in this. I... — read more 

by
| 2720 views | | 7 replies (last February 5, 2016)
Post ID: @OP+FLE2kKr

Ruthless tactics and absence of Integrity

Yesterday, management let go of one of the BEST employees in our field office. Honest and loyal to his core. They let him go for transferring personal data off of his computer. Not only did HR fire him over the phone instead of manning up and coming... — read more 

by
| 4370 views | | 13 replies (last February 5, 2016)
Post ID: @OP+FLNtBpK

Unemployment Benefits

All these reports that unemployment is way down is not true, the peoples unemployment benefits just ran out and most still can't find job. I know, I'm one of them!! After you reach a certain age you are up the creek without a paddle, no one wants to... — read more 

by
| 1890 views | | 4 replies (last February 4, 2016)
Post ID: @OP+FLLd9TD

vps are locked in their offices

people coming and going throughout the day. serious conversations going on in there. some managers come and go, stopping to talk to their boss, or old co-worker. some are holding paperwork and talking about something with an angry look.

by
| 2690 views | | 5 replies (last February 3, 2016)
Post ID: @OP+FLJWtrS

The thankless job

A few short years ago "peak oil" was inevitable and somewhere just over the horizon.. The whole world was feared to descend into chaos and war as the world's supply could no longer meet the demand.. Economies would grind to halts.. Fruits would rot... — read more 

by
| 1800 views | | 3 replies (last February 4, 2016)
Post ID: @OP+FLxgLDl

If Oil goes below $25

https://image-store.slidesharecdn.com/46effb12-d0ef-4bf9-823a-d12584bd317e-large.jpeg

by
| 1840 views | | 2 replies (last February 2, 2016)
Post ID: @OP+FKSoNgQ

Basically nothing yet

Enjoy the milk as long as the cow is alive, because she will be gone a long time when she goes. For the wise, contact a helpful doctor ASAP and go on disability. It might buy you a year or more.

by
| 700 views | | no replies yet
Post ID: @OP+FK3QwGv

The Oil Bust 2016 ! The next Disaster Movie

It is happening to every oil company. Devon will be laying off 53% of its workforce in Oklahoma City. I'm not sure how many people that will translate to, but the number i heard was 2300. They have to make a transition plan of some kind. Look for the... — read more 

by
| 2600 views | | 6 replies (last February 4, 2016)
Post ID: @OP+FK9AqzK

DVN Was In Decline Before Oil Fell

Devon had been running a slack operation for many years and the the sudden drop in prices only expedited its day of reckoning. Devon will forever serve as an example of what not to do when commodity prices are high. Priority was given to things other... — read more 

by
| 2660 views | | 6 replies (last February 9, 2016)
Post ID: @OP+FJ1SDgu

Layoff date

Any word on dates? Can managers man up and tell us all?

by
| 4230 views | | 11 replies (last February 2, 2016)
Post ID: @OP+FItg7g0

50/50

It's a 50/50 split. I out-work 50% of the older professionals in my position. A hard worker is a hard worker. The same badass experienced professionals, were badass young professionals. So just accept that there will be both young and old lost and... — read more 

by
| 3270 views | | 16 replies (last February 2, 2016)
Post ID: @OP+FIthBll

Young Professonals Incubated at Devon

The young professionals who have spent their entire career at Devon are going to be in for a rude awakening. I'm talking about those that interned at Devon and accepted their first job at Devon during the boom years. You are part of the reason why... — read more 

by
| 7450 views | | 42 replies (last February 5, 2016)
Post ID: @OP+FHqOmAG

BLACK SUV'S

WTF With all the black SUV'S in the parking lots this morning.

by
| 3860 views | | 6 replies (last January 29, 2016)
Post ID: @OP+FGU1Vta

10 Great movies to help you through the lay off

eep reading for a list of 10 layoff movies from the past three decades. Office Space (1999): The movie that brought “flair” and “a case of the Mondays” into the American vernacular takes a decidedly contemptuous view of modern office culture. A group... — read more 

by
| 1400 views | | 5 replies (last January 30, 2016)
Post ID: @OP+FGgaec7

So here's the updated plan

With an increased number of Devon employee's going on the list the upper snuff are trying find ways to transition the work. The good news I heard is Ben Williams will be out. This is making me very happy. There will not be an IT department anymore... — read more 

by
| 2850 views | | no replies yet
Post ID: @OP+FGpgFe0

Steps to successfully predict Layoff Day

Step 1: Say that the layoffs are going to happen TODAY every day. Step 2: Layoffs eventually happen. Step 3: Success! Say I told you so and injure arm while you pat yourself on the back.

by
| 943 views | | no replies yet
Post ID: @OP+FFiNpUf

DVN just released their SEC filings today and the Execs have been handsomely rewarded for all of their accomplishments!

Hager 99028 shares $2.653MM Vaughn 37720 shares $1.01MM Taylor 44,152 shares $1.183MM Rudolph 34560 shares $926K Richels 143648 shares $3.848MM Mitchell 17920 shares $480K Marcum 34560 shares $926K I'm sure these are in line with all of the rewards... — read more 

by
| 3630 views | | 8 replies (last January 31, 2016)
Post ID: @OP+FFuPZvh

"Oil Soars toward $34 on Possible production cuts"

Oil soared on Thursday after a Russian official said Saudi Arabia had proposed that oil-producing countries cut output by up to 5 percent each amid a massive supply glut in the world market that has depressed prices for a year and a half. The... — read more 

by
| 2320 views | | 6 replies (last January 29, 2016)
Post ID: @OP+FFCjVGO

Nebu

Just walked by nebu and there were a lot of HR people in there. It looks like they are installing self check outs.

by
| 375 views | | no replies yet
Post ID: @OP+FFAHxXh

40% Target, Dollars not headcount

Every 100-200k saves 1-2 jobs. Getting rid of perks, software, tools. Anything that is not a necessity. Jobs last resort after all other means.

by
| 351 views | | no replies yet
Post ID: @OP+FF9gRwD

Just for fun

Complete this sentence. Waiting to be laid off from Devon is like waking for...

by
| 2860 views | | 10 replies (last January 30, 2016)
Post ID: @OP+FFj5gia

Nigerian prince here to help

This is prince Imsofa King Wetoddit from Nigeria. My daddy died due to a heart attack in Nigeria when the oil prices fell. I need 15 lucky people to help transfer my dads $15 million dollar to my USA bank account I will give 20% if the sum to you for... — read more 

by
| 1260 views | | 5 replies (last January 30, 2016)
Post ID: @OP+FFA9Rj7

It'll only make Devon stronger.

Let's be honest there are a lot of low or average performers that need to be let go. Getting rid of them will only make us leaner and better prepared for when prices recover.

by
| 2740 views | | 11 replies (last January 28, 2016)
Post ID: @OP+FF1QVPE

Layoffs are confirmed

I have a buddy that is close to the CEO and he told him that Devon is doing layoffs this year. He thinks it may be in Q1. Sorry for the bad news folks.

by
| 3300 views | | 9 replies (last January 28, 2016)
Post ID: @OP+FFakvAe

Start a new thread - post a news comment, question or message:

: