It's been announced for 3 years they will do these cuts years thru 2020. They are selling Canada and the N TX plays. If you're in these areas you are prime target. But also non degree personnel are also prime target. Why you don't have an exit plan... — read more 

Remember, in order to be beautiful butterflies we have to cut the fat! “A group of scientists from Oregon have discovered that butterflies experience a great loss in body fat during metamorphosis.”... — read more 

Best I’ve felt about an upcoming Monday in so long. I didn’t realize how much that place drains your spirit and resolve. I feel bad for the ones not laid off, prepare to be over worked and under appreciated. Deuces Devon. ✌🏼

Devon wasn’t the best employer in the industry as it is, and with the manner in which they performed layoffs they have created so much uncertainty that could possibly never end. I get the people that don’t have a choice, but think the smart thing for... — read more 

Well you gotta wonder who will they be targeting in the next phase of layoffs. Will they be cutting a little from all of the departments or selectively , specific work positions?

Someone needs to send DH home! He’s worthless to this company!!!

There is no question that they will cut the workforce to a degree in which it’s barely possible to operate, but couldn’t have they just got it over with in a shorter amount of time or at least announce a more precise number of cuts that need to be... — read more 

who works for Devon - for a lengthy time. does not know if they will be employed in march. needless to say, past upper management made some big mistakes. no reining in of expenditures. no long term planning. no strategic planning and organizing. it's... — read more 

“ just throw more money at it that’s sure to fix it”

Devon is the fourth of seven stocks have done THE WORST in the current 10-year bull market. The article is here: https://www.cnbc.com/2019/03/06/these-seven-stocks-have-done-the-worst-in-the-10-year-bull-market.html Devon is in 4th, but moving up, It... — read more 

How many and from which groups?

With so many layoffs, huge attrition, very few people being hired to fill the vacant positions - who does Devon thinks will do the actual work if it continues like that? It is already at a point where people are doing the work of two or three people... — read more 

Think that this scenario is at least a big possibility. They will need some time to figure out where to cut after the company takes its new shape, but cuts are coming. The only thing I’m not sure about is what form will the cuts have and what areas... — read more 

Just wanted to check with everybody that usually gets food catered on Thursday mornings by vendors to see if there will still be food along my regular route tomorrow? A comment on this thread is fine—I’ll be watching to know what floors will have... — read more 

Seriously, why cut 200 people and then say that's it, FOR NOW? Leave the rest of us worrying and wondering when the ax is going to fall once again. What's the point? Just get it over with so we can stop stressing and focus on our work once again!... — read more 

Is this the real life? Is this just fantasy? Caught in a layoff No escape from the ax for me Open your eyes Look up at the lies and see I'm just a poor boy, but they have no sympathy Because we're easy come, easy go Nobody high, just us below... — read more 

I imagine that most of you noticed in the company statement regarding the layoffs of 200 employees that the statement has been worded in a rather diplomatic tone, using word like: for now, layoffs would continue throughout the year, layoffs will be... — read more 

Somebody said execs want attrition and are encouraging it - okay, I can see why that's a good thing for them, less money to pay out. But why would anybody leave voluntarily amid ongoing layoffs when severance is a realistic option? Even those who... — read more 

Devon will layoff 200

Ladies and gentlemen, this is New Devon Number 5! 1, 2, 3, 4, 5 More people gotta go to keep the dream alive They say, we’ll grow and turn the corner But you know they really just wanna, Sell out like Kerr McGee Oh wait, I think I just spilt the tea... — read more 

How would you ask for a package without getting let go with nothing?

Give me some money, Davey Give me some money, Davey Alright stop. We got investor friction Put Devon on track with some G&A restriction, Severance, I think about nightly, Just give me the dough or ya might as well fight me Will it ever stop? Yo, like... — read more 

New week “New Devon.” How’s everyone feeling about “New Devon” after last week?

Can something like this happen to us?

Give Devon a dollar, they make you a penny. Pretty much everyone else is better at ROI / capital. In O&G, if you're not making 10% ROIC, you're a loser. Unless oil breaks $65, Devon's best bet is selling off the DB acreage, lord knows that the only... — read more 

Doesn't seem to be much going on as far as layoffs are concerned...

ABBU EHS has a dream that you will not be judged by the size of your lobes but by the size of your light bulb head and the placement of your authenticated hard hat stickers. One day our EHS professionals will succeed in the effort to save millions in... — read more 

No information forthcoming from management (no surprise there,) very little available to read here... This is absolutely nerve wrecking! Please, if you know what's going on, let us know. I'd like to get my blood pressure back to normal sometime today... — read more 

Are we done with layoffs, at least for today?

Is it just my imagination or is this wave of layoffs smaller than we expected? We know HR and Recruiting are being hit, but I haven't heard anything else in the office or read anything else here. Are any other departments and locations being hit... — read more 

Does anyone know what exit packages are being offered for those that volunteer to leave?

It is so obvious there is no future for anybody at Devon. Nobody is safe. The only way those on top know how to solve a problem is with more layoffs. Never mind that that didn't help at all any of the previous times, the strategy stays the same. Cut... — read more 

Lots of people are thinking JH ithe issue! Your thoughts?

How does management actually come up with their list of who they are laying off? Do mid-level managers have a say? Age? Salary? Performance? All the above? Asking for a friend.

IMHO, DVN should have an Ops test given to each employee covering basic oilfield operations and fundamentals. Anyone scoring below 75% should be released from duty. That should get us down to the desired headcount in OKC. No doubt DVN has some... — read more 

DEVON ENERGY TO SELL CANADIAN OILFIELD ASSETS. How is Canada doing? What's it like up there?

Does anybody have info or can you at least guess how many folks were cut in February so far? Also, I would like to get some opinions regarding what could be the final number of cut people when February ends? I know it's hard to determine, but any... — read more 

Help a Devon newcomer out, please. What happened for the last several years in March?

Remember when Devon had guts, and the stock price was $120? It was not so long ago, either. Clearly the rank and file are responsible for this plunge (sarcasm alert).

Purge 3.0