Our approach is brutal. Announcing that there will be layoffs with no real timeframe etc. wow we will all be very productive while we wait for the grim reaper to walk down the hall. A good friend in HR confirmed that the numbers will be even higher... — read more
We are being swept away like trash..
This is horrible.. I feel like we are nothing but numbers.. This company has grown ice cold.. At a loss for representative words..
Please keep it civil here
I know it's hard for all of us and that many people are frustrated. Let's share this discussion space in a civilized manner and with respect to all who read this. I know there are many spouses, friends&family and children who are following the news... — read more
Devon Severance Pay 2016
Do we know if the severance payment terms will be changing for the folks that will be laid off in 2016. Heard rumors but nothing from HR
Yes, it's true
Despite some folks claiming that all is good, I have to tell you that Devon has started laying people off already. The cuts took place in IT, and this will continue at an accelerated pace over next few weeks - this has been in plans for a while and... — read more
Devon Irony
Ironically, Devon Energy just hired a new Exec VP (from outside the company) in the last week. In addition, several VP's were promoted to Exec VP's. Bad timing or bad decisions?
Does anyone know if the layoff announcement with affect Devon Canada?
There's not much about Devon Canada on here. Is there any news there?
Devon Information Technology Cuts
I still see some open jobs in IT - is this for real? I mean we are bleeding right now, would would anyone hire now
Put things into perspective - This is not the worst that can happen
My two cents, not trying to preach, just sharing my thoughts... Please read if you are interested... I have had friends losing their lives over the past months. Understand that the problem looks bigger when you stare at it long enough, and tunnel... — read more
https://twitter.com/TheLayoff/status/689926530827321344
https://twitter.com/TheLayoff/status/689926530827321344
Devon: The Extent of the Workforce Reduction - Not Disclosed
From the press release just published: To maintain our financial flexibility while oil and natural gas prices remain weak, Devon continues to thoroughly examine all options to lower the company's cost structure... After careful consideration, it's... — read more
Newsok.com article today regarding Devon layoffs.
http://newsok.com/devon-energy-plans-layoffs/article/5473721
So very sad
People are already starting to disappear. Six people from my floor where just called to HR. I have been told to expect The number to be around 1400 people. This is for all of Devon including the divestiture.
could cut 1000
They could cut 1000 out of the tower and the company wouldn't miss a beat. Way too much fat
Town Hall meeting at 2 p.m. with layoffs to follow
We can see lots of people making their way into the auditorium at Devon currently. Town Hall starting at 2 p.m. They layoffs coming. It's bad over there. PS: I wonder if they can sell the giant Christmas ornaments for some extra cash.
$20.11 per share
Down almost 15 percent today. Well, this is fun...
O&G Stocks Taking It On The Chin
Oil & Gas Stocks have been taking it on the chin since the beginning of the year. DVN was at $32 on December 31st. Right now it's about $21.28. That's a third of the value of the company gone in less than three weeks. Dear God in Heaven, how much... — read more
Best Places to Work 2016
Will Devon make the list this year?
Start Taking Those Sick Days
When you're laid off, you won't get hour-for-hour credit for sick time, if they give you any credit at all. I'd start taking those sick days now. At least that way you'll get paid for them.
Start Taking Those Sick Days Now
At least that way, you'll get paid for them. You won't get hour-for-hour credit in the severance package.
Start Taking Those Sick Days Now
When you get laid off, you won't get hour-for-hour credit for accrued sick time, if you get any credit at all. I'd start taking those sick days now. At least that way, you'll get paid for them. You've earned them, after all.
Food for though
Just to get some discussion going; what do you Devon employees and stockholders think about Iran entering the energy market? Iran is courting major oil companies to help them get started. Do you thing Devon should get a share of the action? Go
You will get caught
If you post to this sight while at work you will get caught and escorted out. Posting negative smack hurts the company and everyone you work with. If you work for Devon and post to this sight you will get caught. The IP addresses are logged and can... — read more
What the future looks like:
This will be CHK in 6month and Devon in 1 yr. SandRidge Energy Inc., an oil and natural gas exploration and production company based in Oklahoma City, announced Jan. 13 the closing of a large portion of its oilfield services subsidiary Lariat... — read more
Survivor Employees: What You Need To Know
"[surviving] employees do what they are told but have lost all commitment to the company and are no longer motivated to do good work. Disengagement is one of the leading after-effects of layoffs and leads to a workforce of the walking dead..."... — read more
Well this week should be interesting
Well this week should be interesting. US markets closed on Monday, which could mean a big selloff on Tuesday. Town Hall on Wednesday. IT Department call on Thursday. How much actual work do you think will get done?
Sell Sell Sell
http://oilprice.com/Energy/Oil-Prices/Forget-20-Oil-Prices-At-8-Per-Barrel-In-Canada.html
CEO of CHK and DVN should be working around the clock. If they're not, they're not doing his job. Shame on them; they're getting paid millions.
There are rumors of banks being told not to mark energy loans to market on their books. Means things are a lot worse than expected in the entire sector. Go ahead, call me names and say I am this and that without doing your own research. But mark this... — read more
Free Fallin !!! O what fun it is to ride.
Yippie Yippie Skippie, the world won't end but you can bet it won't be a party. Devon is in panic mode, but don't worry they have a plan. They're going to let you go!! LMAO See ya later:). Jan 26 is the first day and more will follow. Folks in OT... — read more
Town Hall on Jan 20th, Layoff the next Friday.
It will happen. They'll make the announcement next week. They're are a lot of things going on behind the top floor office doors. IT will take the large cut , projects will stop unless they can save money this year. Don't count on bonuses and expect... — read more
didn't take it seriously
It appeared that the company didn't take $50 oil very seriously. Now that we are seeing $30 oil we are going to regret not acting faster. There are still many, many opportunies to reduce cost in the tower and in the field. Our competitors have... — read more
Where's Scooter?
Anyone seen or heard from Scooter?
This is a sad state of affairsal
Devon - I hate that the world is killing you and me along with it. The economy is like a cancer for the oil industry. Down down we go. Today almost all training was cut due to economic reasons. We all know the the hammer is going to fall. Its coming... — read more