Devon Energy Corp. Layoffs

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Topics regarding layoffs at Devon Energy Corp.

Strategery

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...

Town Hall

‭‭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

Dave Hager...comedy genius

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

Devon stock moving up again, good news?

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

Perfect weekend

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.

Townhall

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?

Devon Tower has Creepy Look.

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.

Cannot Wait to Leave Oklahoma

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.

When JWN passed away.......

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

How long do The Ties get?

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?

Discrimination lawsuits are coming

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

Retention

Can’t wait for dis retention to hit this month so I can jump

Layoffs

“So I am not saying there will be layoffs but I am not saying there won’t be layoffs....” classic

Dave

Dave hates engineers. Dave is the problem.

Pathetic earnings. Awful.

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

WHAT'S WRONG WITH ME???

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?

No chatter on layoffs

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 and CLR should switch buildings

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.

Finally the EC steps up

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

It's all for nothing

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

Devon: Highering several accountant positions.

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

Rebuilding the EHS Empire

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

Finally made the decision

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

Strata - report

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

Coffee talk

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

Next round?

Any rumors of next round, I have heard some fairly unreliable rumors that there will be another round before year end. Anyone else?

Losing good people

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

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