Topics regarding layoffs at Devon Energy Corp.

Topics regarding layoffs at Devon Energy Corp.

New hire worries...

I'm a recent new hire and now I'm feeling like a total piece of crap for believing mgmt lies about a new turnaround. Should I be worried or not considering they just hired me? Or does that mean I'm safe? Freaking out right now.

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| 3060 views | | 13 replies (last January 16, 2016)
Post ID: @OP+FqXnGp4

ummm Enron had new building, ummm Devon has new building

Maybe Devon can resize to fit in old building, donate new building, all company vehicles, and cell phones to state, state then allocates new building, vehicles and phones for low income housing which can be used for laid off employees, Devon gets a... — read more 

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| 1890 views | | 3 replies (last January 19, 2016)
Post ID: @OP+Fo0WjHC

New Great Depression - Next Round Layoffs Jan 26th

The new Great Depression is here. There are no energy jobs left in Oklahoma, unemployment is rampant, and both of the top Oklahoma football teams played like panty-waist pussies in their bowl games. Throw in Tulsa's pathetic bowl game and you have a... — read more 

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| 3130 views | | 10 replies (last January 13, 2016)
Post ID: @OP+FlFK0sj

Devon Leadership Toxic

Devon is too heavy with expensive, ignorant leadership. So far, The only answer has been layoff the staff? How about layoff the leadership that make bad decisions and don't understand the cost of their ridiculous demands.

Cobra

Anyone know if you can still keep health insurance for a while if you get let go and the price?

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| 346 views | | no replies yet
Post ID: @OP+FjuvMFp

Outsourcing IT Dept???

I'm hearing rumors they may outsource most if not all of the IT dept. Is that true or just BS? Surely they couldn't outsource everything....wouldn't core groups have to stay?

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| 1760 views | | 4 replies (last January 8, 2016)
Post ID: @OP+Fjfbcvt

kris goforth

Does she even know what she is doing? Is she qualified to be a VP?

2016 Layoffs

What is 2016 looking like? Did Devon mange to re-hedge at $50/bbl? How many more will Devon have to lay off to survive?

LTI

I was hired in 2015 and given LTI that don't vest for 2-4 years. What happens if I get laid off before they vest? Are they still mine? Didn't think about getting laid off as I was getting hired.

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| 1560 views | | 3 replies (last December 31, 2015)
Post ID: @OP+FcHF8qS

2016 The Year Devon grew up

This will be the year everything at Devon changes. As oil prices drop and the stock price goes under $20 dollars - look for drastic changes in management. This will have to happen to make the shift in the stock price. New leadership from companies... — read more 

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| 3590 views | | 25 replies (last January 2, 2016)
Post ID: @OP+F29eala

Midland Business Unit Gone

The Midland Business Unit has been sold, or a significant portion of it. Thanks for nothing Andy Coolidge and Peter McDonald. Your fixation on one artificial lift method and inability to understand how to economically maintain base oil production... — read more 

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| 4270 views | | 8 replies (last January 4, 2016)
Post ID: @OP+F0fhEOB

Bad BAD MOVE - >> Devon going down.

Devon Stock was just starting to recover, and now it is going down like a rock. How will they get stock prices back up? Layoff. massive layoffs

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| 1250 views | | 3 replies (last December 29, 2015)
Post ID: @OP+EUfCGww

Flash Back

The supervisor who was shot and killed at Trans-Coil International Thursday evening was gunned down in his office during a meeting with a disgruntled employee who then killed himself, Milwaukee Police Chief Ed Flynn said Friday. George Hites, 58, of... — read more 

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| 1740 views | | 4 replies (last December 12, 2015)
Post ID: @OP+ERrSM8A

Moral in IT Dept

I'm thinking about accepting an offer in the IT dept but wanted to get a better feel for overall moral in this dept first. My two interviews were depressing as hell and I got the sense no one likes working here anymore. What happened? This place used... — read more 

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| 1860 views | | 5 replies (last December 13, 2015)
Post ID: @OP+EP38Hq8

Merry Christmas!

Life at Devon is Great! Take your doom and gloom somewhere else.

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| 904 views | | 2 replies (last December 23, 2015)
Post ID: @OP+EPgAXz8

Team Pumping

Is anyone else doing "team pumping" if so what do u think about it

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| 1100 views | | 2 replies (last December 6, 2015)
Post ID: @OP+EOMkvuB

IT and Accenture

Is Accenture still running Devon IT? While upper management called it cosourcing and all those buzz words, they seem to be running IT. Welcome to the new world!

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| 1480 views | | 5 replies (last December 9, 2015)
Post ID: @OP+ENrdBzZ

Per EK4fKxws post, don't hold your breath on Mgt. cuts.

Granted, there's a significant group of inept (Boyd, Buchanan, etc.) amongst the mid/upper Mgt. but once you're in that 'elite club', you're basically set. Don't expect any real changes to the core.

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| 876 views | | no replies yet
Post ID: @OP+EMO0U5G

Satellite office employees are getting snipped

whole departments are being liquidated. no one is safe. If you work in a field office, you need to spend every day proving your worth. THEY WILL CUT YOU IF YOU ARE NOT ADDING TO THE COMPANY.

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| 770 views | | no replies yet
Post ID: @OP+EKzwDrP

No one is immune inthis smarket.

AEP is laying off weekly too. Got my source from an employee. Work in AEP's bldg. less cars in parking lot, missing familiar persons in POPS's deli. Some went to Ascent, but still there are land and IT folks defiinitely laid off of late. And no... — read more 

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| 1203 views | | no replies yet
Post ID: @OP+EIRHtQQ

need to focus on making money

Devon needs to focus on making money and eliminate all other useless departments ( i.e. continuous improvement and the data management "experts" who know nothing about how we actually make money). Such groups are only a drag on the system. They not... — read more 

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| 1250 views | | 2 replies (last January 6, 2016)
Post ID: @OP+EIIgyLl

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