In every battle, there are those who survive, for no known reason. Today, some lucky few were chosen to have liberty bestowed upon them. For the rest who remain, we salute you. Good luck, you poor b–tards.
Topics regarding layoffs at Devon Energy Corp.
Does anyone know what assets are up for sale soon? Heard the Anadarko is on the chopping block.
Anyone hear when the reorg’s happening?
The transformation to New Devon, a.k.a. Devon Hospitality, is nearly complete. Once Devon can divest the remaining oil and gas assets, they can focus on their core business of hospitality which is not as sensitive to commodity price... — read more
Canada, Barnett, Anadarko, what’s next? At what point will the Exec team admit that all we are trying to do now is stay afloat and get a life raft from a major?
Rumor going around that there will be an announcement soon about layoffs in ABBU. Anybody hear anything?
Will this one actually go for fair market value? The Canadian assets were let go for nearly $1B less than fair market value. Is this another desperation sale of assets from the clearance rack?
There will be a stock market collapse and recession within a year. Just like in 2008. Devon is not positioned well to weather the storm. Get out of this sinking ship now while companies are still hiring. Move to something more stable. Such pathetic... — read more
Worst company ever. Bp’s and Managers are technically weak but trying to make decisions when they don’t understand simple math/physics.
Still have 21 VPs. Need to cut. Can start with W-H, id–t that came over from marathon, claimed to be expert in STACK, sh*t the bed on well spacing.
I feel like a lot of people are always thinking about quitting their jobs, but how many people are actually out there submitting applications and doing interviews? If you left Devon, where would you like to work, or what would you rather do, or where... — read more
Does anyone know who the best employment attorney is in okc? That will be ok going up against this place?
Goodbye Dr M—ton, you were the greatest sweater wearing toker, in the history of Devon data science, Even when you flopped, you fabricated complex sounding bullsh** And the leadership you had knew nothing more And it seems to me,you lived... — read more
As you all know GS issued a sell rating in the wee early morning hours on 7/23/2019. How DARE they. This analyst DARES to question OUR numbers? We are ALWAYS right in our flawless self analysis. There can NEVER be someone who disagrees with how we... — read more
Will a rabbit pop out of a hat then? It seems the results to this point are to diminish the company, lay employees off, and reduce the stock price dramatically. As a stockholder, that seems counter-intuitive. Is something wonderful supposed to... — read more
The Canada sale closed today, DVN truly a shrinking violet. They could not get RD off website fast enough.
Canada sale finishes up at the end of the month. Hoping soon thereafter for an acquisition by a major, or a merger with a larger company. Worst part is waiting for something to happen. Folks are sick of the cost saving exercises that feel like part... — read more
Anyone in HR/Analytics able to share?
Between Northstar, Anderson, and the short lived BP Oil Sands deal, Devon spent well over $10B. Now they sell off the Canadian assets for $2.8B. Thanks for destroying value! The entire executive leadership team should be fired, but we have a do... — read more
Canada is gone, next item up for auction, Barnett.
Hurry up and get it done. Or start the restructure in Canada. Too many people keeping their thumbs warm waiting ever since the divestiture announcement. Make the changes already
Devon management is weak on articulating clear lines of authority and establishing strict accountability, in effect, many times promoting people they like and trusting them to figure out the job and do what what's right. Well, more than a few... — read more
Emergency Announcement- For Immediate Release. From under the superintendents desk, Widetrack has an important announcement for your safety. People of the tower, you have probably seen the minor event taking place at the tower. Rest assured my team... — read more
I feel that leadership will continue cutting personnel in OKC and slowly give each BU more autonomy because there won’t be enough OKC staff to perform the job when the cuts are done. I generally agree with a de-centralized command model but not if it... — read more
There has never been a better time to focus on learning new skills - it doesn't take a genius to figure out that both this company and this entire industry will continue to shrink. If you don't expand your skill base, you might find yourself in a... — read more
Anyone here that the Sushi guy at NEBU was laid off this week. I guess no ones safe around here.
14 in accounting laid off today plus several demotions.
Predictions: We have a buyer for Canada. Everyone part of the layoffs associated with Canada divest to be notified by end of this week. More details on layoffs that will occur later this year. No one cares about our company's earnings. Any other... — read more
...other than the restack. You heard it here first.
The republic has lost faith in our leader Darth Hager trying to bring us to the dark side of the force. Wade Skywalker is no longer Padawan and will follow the likes of Tony Maul. The Republic is losing hope...
A coworker once told me, “give Devon two years and it will s--- the life out of you.” Truer words have not been spoken here.
I think this leadership has proven in the last several months it has a vision for Devon that is leading us in the right direction. Just look at our stock YTD. I know a lot of people want to leave, but honestly, I think that would be a mistake right... — read more
I heard that layoffs may happen next week or they will be postponed until May. It’s messed up what ol’ butterfly is doing. Makes a statement about mid April and so far hasn’t followed through. Next week we’ll find out if he sticks to it. Another long... — read more
Any chance we will have the Accounting department sorted out by Summer?
You think Sandusky would have taken a 40% premium to current share price?
FOR SALE: Formerly great oil company. CEO and COO won't leave until someone buys. Comes with large building that could be used for... could be donated to Oklahoma City as a tax write off. — read more
How does that help our business?