Devon Energy Corp. Layoffs

Topics regarding layoffs at Devon Energy Corp.

Official 8/6/2020 Lay-off Checkin Thread

Someone hit me up if any of those hot revenue accounting chicks get slotted. I have some books that need straightening out 🙌🙌

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Post ID: @OP+16j7XmgF

How do we get there?

Gotta get to $100 million somehow... just headcount? benefits? (contributions to 401k, HSA, worse health insurance, etc) both? what do you all think? Hopefully it's quick to happen - s—s to have this hanging over your head for months... —  read more 

Provide Shareholder Value....

At the sake of the very employees (and soon ex-employees) that help you run a company. So glad to hear Devon is boosting the happiness of these shareholders, as I am sure that they give a sh– if Devon is still around next quarter. But hey! ... —  read more 

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Post ID: @OP+16iTgrle

Safety second

I would like to say thank you to those 20+ people that followed cdc guidelines and wore a face mask in a public setting. I dont know where you have been or who you have come in contact with. I know you realize that it takes 4-6+ days for symptoms... —  read more 

CHK a winner!

CHK, a near bankrupt co. curb stomping the rest of the shale stonk market. To the moon!

Layoffs soon

Another one is coming....

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Post ID: @OP+15kt1uv2

Thank You

As a former laid off employee. I'm glad i haven't had to experience the environment created by the last few years. But I knew the willpower and determination of the remaining few would prevail, so i invested at the low. You guys/gals did a great... —  read more 

MORE More Layoff

What are the layoff numbers looking like now folks? More?! Of course! So the total number of Devon employees is...872 right now?

German boy

What happened to the German? Why fired? Corp drilling. Too insensitive? Not enough diversity?

End of the Quarter!

Can't wait to see the dance JofH with his slides and sidekicks. How do you surpess the smell coming from his pants as he does the classic redesign the operation waltz? The Tower looks so beautiful this morning!

More Cuts

Devon Energy announced it was cutting Capex by an additional $300 million, citing weak oil prices.

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Post ID: @OP+14el9Cns

Day 5 Quarantine

Just putting the finishing touches on my day 5 working from home, doing a job that was previously said It was unable to be done outside the tower. Magic! This is the way.

Shelter in place

Hello to my friends at devon. Its ole wide here dropping in to let you know i will be self quarantining as i may have been around someone who is infected with the covid 19 virus. This extreme sacrifice stems from my compromised immune system. You... —  read more 

Financial Analyst Job - Closing Date: Never

How long will Devon Energy have to post the Financial Analyst job reporting to JP, aka Mr. CFA? This job has been repeatedly posted on Devon job board and LinkedIn for over a year now. Answer: Forever. No one wants to work under this person... —  read more 

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Post ID: @OP+13nWirWC

AP Lost 5 - When Will It Be Outsourced?

AP is pathetic. So many people laid off and on top of that people are starting to quit. They push automation down everyone's throats and everyone hates it. When will it be outsourced?

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Post ID: @OP+13kAepnV

Stock price

I guess the BOD is content to just sit back and watch DH destroy this Co. He has sold off everything he can, and yet the stock price still languishes.

The Deal with Dow

This says it all. Devon squanders the big Trump tax cut buy paying off debt. Then they use proceeds from Barnett sale to buy back stock rather than invest in new opportunities. And they wonder why they can’t get funding to drill and the stock price... —  read more 

Where is Devon headed?

Can someone explain Devon's long-term strategy, please? I don't get it. Dying on the vine doesn't seem like a viable plan, but it sure seems like that's the company's direction. Maybe it will just buy back all its own stock and the board of... —  read more 

J.C Anderson would be rolling over.

What has become of such a great company. When JC sold to Devon, just like all of us he envisioned his Co. was in good hands. The Canadian portion sold for pennies on the dollar. I was a Devon loyalist, and if it was what was best for Devon then so be... —  read more 

Devon deserves exactly what it is getting

having done business with CHK AND DEVON for decades and having been a long time oil producer in 8 states, my view is Devon has followed a similar path in operation style to CHK. Wasting money at every juncture, horrible high cost operations in the... —  read more 

Hedge Funds and Institutions Dumping Devon Stock

Follow the money. Chesapeake here we come. https://www.nasdaq.com/market-activity/stocks/dvn/institutional-holdings https://finance.yahoo.com/news/hedge-funds-selling-devon-energy-185559432.html "Heading into the third quarter of 2019, a... —  read more 

When will AP be outsourced?

This group could easily be outsourced and save the company several million a year. EASILY. I’ve heard everyone in AP wants out so it’s a win-win.

AP Rocks!

I’ve been in AP for several years and I LOVE it here!! I have had so many growth opportunities in AP and it really is the greatest, most rewarding group in the company! Every day I walk into work I am exhilarated for the new challenges! When... —  read more 

$19.80!?

Great googly moogly! If you're still there (and I seriously question why you would be), get out of there asap! Waiting for a severance package (and a Christmas bonus) ain't worth it!

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