Topics regarding layoffs at Devon Energy Corp.

Topics regarding layoffs at Devon Energy Corp.

Houston Office Layoffs

Devon is slowly axing departments in the small Houston Office after the GME Acquisition. Which department will be next? Or will the entire office be closed?

A tale of two cities

RM takes over and gives everyone a $10k bonus. CG steps into the role and takes away wfh. The only incentive to not apply elsewhere is gone now

For sale!

Actively accepting offers! Deeply discounted all assets priced to move!

Technical malfeasance

Ego-driven design: Elevating our "cool idea" over the needs of actual customers, often with the platitude "the customers will love it." No, they won't. And furthermore, the cool idea isn’t actually cool, nor does it work.

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| 980 views | | 3 replies (last December 7, 2024)
Post ID: @OP+1vO7p93j

Exit interviews

Does any real action come from these, or are they simply some “we listen to you” check-the-box activity to help hr and leaders feel better about themselves?

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| 1600 views | | 8 replies (last December 18, 2024)
Post ID: @OP+1vzMhdfc

The annual truffle shuffle

The land group doing the old truffle shuffle of leadership just in time to sc--w the individual contributors of the meaningful performance review or promotion they worked for all year. Well done.

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| 781 views | | 1 reply (October 16, 2024)
Post ID: @OP+1uZjfZXI

MERGE???

I hear today at one of our meetings in OKC that we looking into buy Permian resources out of midland tx. Any thoughts? Are they even worth to buy or merge?

Ohhhhh look out!

Mr. Podcast is back on tour again! Probably to tout the innovative GME acquisition. But what happens when they all see what a complete nightmare it is to be part of the dvn organization and instead take their packages.

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| 1070 views | | 5 replies (last October 4, 2024)
Post ID: @OP+1uI47dtG

Here’s looking at you, kid

Watching a company slowly but steadily implode. Here's why: Many of the key leaders under the execs are a toxic cancer cell with delusions of grandeur and a history of abusing people, but coddled because ?? Mission creep. In too many things. ... — read more 

Poor management decisions in the Permian!

New changes are having so many experience people leaving this company that it will hurt. Just because the wrong people are in power, The expectation of making a better company to work for ends down the toilet!! All this diversity bs and buddy system... — read more 

Considerations for the company

Exit interviews in toxic workplaces such as Devon are a sham. They mask the rot instead of fixing it. Think about it. Employees leaving are either too scared to tell the truth or too disillusioned to believe their feedback will matter. The worst... — read more 

TAKE. THE. PACKAGE.

Do yourself a favor and take the money and run. If you are given a choice, choose to exit with the cash and your life will be better for it. We know you are better than us, we saw it with WPX. All we will do is protect our jobs and push you to the... — read more 

Remember,

If your voice held no power, they wouldn’t try to silence you.

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| 820 views | | 2 replies (last July 14, 2024)
Post ID: @OP+1tca2jZP

Sad But True

https://www.reuters.com/markets/deals/how-devon-energy-missed-out-us-oil-gas-mega-deal-wave-2024-06-06/

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| 1130 views | | 4 replies (last June 25, 2024)
Post ID: @OP+1sTBRoc7

Offer

Who is next on the list for a bid?

M&A

At least the softball stadium is named after us

Food for thought

If you are a data management professional, I want you to ask yourself: how easy is it for your customers to answer questions they have? If I am a customer, how easy is it for me to get the information I want? how well is it communicated between... — read more 

Maybe

Just maybe, if we focused more on returning cash to the shareholders, instead of building more and more namesake monuments to the glory of Devon, our stock wouldn’t be in the toilet. Since our high over a year ago, it’s been one dividend slash after... — read more 

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| 590 views | | no replies yet
Post ID: @OP+1swKR0aj

Know Your Audience

Mr. Podcast on the move again! Glad they realized he’s only worth the B circuit. When will anyone tell him he has no clothes?

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| 780 views | | 2 replies (last April 20, 2024)
Post ID: @OP+1s64QeDY

DM Job Description is Hilariously Misleading

The current opening for a data management professional has me laughing so hard at the posting, because if you were to read each portion in opposite land, you’d have the true nature of the job. But it’s all smoke and mirrors and written by the same... — read more 

Where are we now?

Limerick about a company in oklahoma city that spent so much time and money building a ugly green office building that looked like a phallic symbol that they went under. There once was a firm from OKC, Whose building design caused a spree. With... — read more 

Ohh nooooo

IT does such a terrible job at their ONE job, that groups are now posting positions to handle things themselves. Mr podcast and his queen must be throwing a FIT. How dare they supplant us?! Haha

Latest predictions ahead of earnings call

Doesn’t look good atm. Predictions are $1.39 per share earnings, which would be a year-over-year decline of 16.27%. Latest revenue estimate is $3.87 billion, almost 10% down from the prior year Q. Guess we have to wait till 27th, but I wonder what... — read more 

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| 920 views | | 3 replies (last February 16, 2024)
Post ID: @OP+1qWnf06V

Big Money

It has to be right? I’m referring to what we spent to buy our way onto the JUST 100 list. It certainly is good for a laugh, but at the end of the day, we certainly approach our public image with intentionality, because no one who works here, or... — read more 

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| 700 views | | 1 reply (February 7, 2024)
Post ID: @OP+1qWNqIqO

Devon baseball

The swing of the kid at the end of the baseball commercial couldn’t capture the soft, wannabe winner mentality of leadership any better. Nicely done

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| 811 views | | 2 replies (last February 5, 2024)
Post ID: @OP+1qTUmTV2

Just checking in

IT ever start doing their jobs? Or still gatekeeping and stonewalling?

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| 930 views | | 3 replies (last February 2, 2024)
Post ID: @OP+1qPl8Xmc

New Year, New Devon?

Bets on if management will take steps to clean up the pollution in the tower?

There is a disease that eventually ki-ls companies

The inability to have honest conversations. When you cannot give critical feedback to a leader, when you can't question a decision that's been made, when disagreements are frowned upon, when it's unpopular to point out problems. The worst thing of... — read more 

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| 1290 views | | 2 replies (last December 19, 2023)
Post ID: @OP+1q4feGaa

I came across a principle the other day

Conway's Law is an adage that states organizational design systems mirror their own communication structure. It is named after the computer programmer Melvin Conway, who introduced the idea in 1967, and was never learned by our technology... — read more 

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| 920 views | | 1 reply (November 29, 2023)
Post ID: @OP+1pOTz7YT

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