Thread regarding Devon Energy Corp. layoffs

please cleanse us

Elliot mgmt, please cleanse us of TV, TM and WH’s sins. wash the taint. Please return us to being a real oil company, not a private country club for these sick cuuucks who have been running the company into the dirt.

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Post ID: @OP+114FX8dh

6 replies (most recent on top)

and TV gets to cling on for a plum "advisor" role for a few more months...the shuffling of the Titanic deck chairs continue...

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Post ID: @1exb+114FX8dh

Um, the current situation has all the earmarks of Elliott MGMT. Face it folks, we are in the early stages of a liquidation for the benefit of our favorite activist investor.

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Post ID: @1qvi+114FX8dh

Who’s the OP? DH?

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Post ID: @1suw+114FX8dh

Wish granted. Now for my next trick...staff reductions over the next 4-5 weeks.

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Post ID: @epz+114FX8dh

If you look into Elliot, you will realise you are trading one overlord for another. Elliot is only interested in one thing: maximizing their investment, by any means. Those any means usually revolve around piling on crushing debt, stripping and selling bits of a company, and staff reductions that would make any dictator proud. Elliot is a Private Equity firm, and they treat their victims (Read as acquisitions) the same way Uncle Joe Stalin or Chairman Mao did their loyal subjects.

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Post ID: @hum+114FX8dh

TV will retire soon, and he was DH's last whipping post. I'm glad I'm gone!

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Post ID: @ibs+114FX8dh

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