DH and gang are allowing the slow bleed to continue. Strategically removing the need to layoff anymore employees... that G&A number they planned at beginning of the year will be hit soon enough...
Comment! It's anonymous! Post information you know, rumors you heard, your experiences, or contribute to the discussion by answering or asking about layoffs at Devon Energy Corp.. The comment form is located near the bottom of the page.
Topics regarding layoffs at Devon Energy Corp.
As part of my sovereign duty to you, the workers of Devon. I would like to use my skills for everyone in the meeting to know when DH is fibbing. Yes this will be much like the political fact finding articles that are given say “One Pinocchio, Two... read more
I sure hope Dave opens his act tomorrow with, "there seems to be a whole open section over here for everyone coming in." I love that joke. It's a good one to get the crowd going. I also hope he introduces his new material on biases and how they... read more
I was getting really nervous watching our stock slide down once again for nearly a month, but that trend seems to be over and it is going up once again. I personally thinks this is really good news when it comes to layoffs. Strong stock means fewer... read more
I got my medical card in the mail yesterday and I’m headed to Colorado this morning. This weekend could not have turned out better. Happy Labor Day weekend everyone. This guy will be much more happy on Tuesday back at the glass house.
Anyone want to take the odds of 5:1 DH will drop another comment of less people in the room or 100:1 DH will attempt to be transparent and fail miserably about G&A plans?
Dread coming to work. The whole tower creates an illusion of wealth and success. But inside...a totally different thing. I feel afraid to even make a personal phone call.
I am hoping the day comes when I am offered a severance package. To think I made the stupid decision to move to this God forsaken state makes me scream. My home is up for sale, so I am getting ready to move home to Alabama.
With so many gone, I have wondered which floor has the fewest employees?
This whole company went to sh--. LN only waited one year to go to Executive Chairman, Bring in the Canadian loser, Terminate the Western Division in favor of the Central Division, 5 JV's all busted, Terminate BF, The loser from Canada is replaced... read more
Seriously, I would jump at the chance to be packaged out of this goofy high school. Can’t believe I relocated for this dog and pony show.
I expect this year’s campaign might fall a bit flat.
The DVN BOD seems to be the most patient in the industry. At what point do they find a team that can execute for gosh sakes? How simple must the organization be before it can be managed by those studs in their ties?
I got my doctors recomendation today for medical cannabis. I talked to my attorney last Friday and I am set. If they fire me, I’ll be leaving with a big bag of cash when I file my discrimination lawsuit. I just hope that I don’t suffer from some sort... read more
Can’t wait for dis retention to hit this month so I can jump
“So I am not saying there will be layoffs but I am not saying there won’t be layoffs....” classic
Dave hates engineers. Dave is the problem.
Earnings. After laying off 100’s and prices at historic unforeseen highs, we miss on revenue????? Vote of no confidence. To all the majors out there, please buy us. We don’t know wtf we are doing. We couldn’t make money if we tried. And once certain... read more
I keep having nightmares that I'm trapped in a town hall where our DH is on the stage yodeling for eternity in the exact same voice as that walmart yodeling kid on youtube. How do I make it stop?
Analysts are going to have a field day with these earnings
Should I dare hope we are looking at better days because there's been little if any chatter on more layoffs? Or is that too much to hope for?
DVN should ask CLR to get their old building back. Few months/years from now the almighty tower will be half empty. Seems like CLR is still hiring and getting bigger.
What’s up with the increased security today
Finally they are starting to get rid of dead weight. Thank goodness. No need to pay a babysitter millions a year If only they would cut deeper and remove the top tiers
I know so many good people who were laid off after decades with Devon just to be replaced with cheap, much younger employees who barely know what they are doing. They all worked hard, gave it their all, and for what? So that the company could use... read more
Get ready for the mass exodus. It’s already starting.
Several Accountant positions plastered on LinkedInm - Grab them while their hot, but remember, they just laid off everyone with half a brain. That means very little training to do the tasks of 3 formerly seasoned professionals. Remember a few years... read more
Wow, wow. Im just astonished. After all the layoffs, now i see an EHS position in Cuero, Artesia, and yes even Gillette! Does management have any clue what it costs to lay off good people, pay severance, throw away thousands in training costs, and... read more
Dear Devon, Once again, welcome to the club! Sincerely, Chesapeake Energy
I've finally decided to leave Devon. I've been on the fence for a while now, but to be honest the complete lack of job security pushed me to finally bite the bullet and accept the offer that comes with somewhat less pay but also with much less... read more
In reference to another post about looking at the financials of the various fields to see who gets sold next. Go to strata. Search core reports. Think you’ll be surprised to see the STACK. Enjoy
TL:DR..Coffee talk instills yet more distrust. Mass exodus deemed unworthy of correction. Was recently involved in a coffee talk with someone SVP and above. Not going to say who or exactly when as I’m sure big brother could narrow down who is posting... read more
Any rumors of next round, I have heard some fairly unreliable rumors that there will be another round before year end. Anyone else?
As of now we’ve lost 50+ technical staff (eng/geo/land) since the layoffs. They are quitting, going elsewhere. What is HR/mgmt doing to combat this? That’s right....nothing. This place is toxic. The ship is sinking. Majority of my team is... read more
Good luck to everyone who found out today. For many I suppose it will be a great relief. Keep your heads up.
Oops, i meant Annual Meeting, shareholders. What did we learn??
i dunno what to do every day
Does anyone one know when are we supposed to get the severance ?