Purge 3.0
T Boone Says it Better
“If you aren’t replacing your assets, you’re liquidating.” So, this “new” plan revealed yesterday is supposed to increase shareholder value. Shedding Canadian assets may make sense, but taking the Barnett cash cow to market and leaving it there if no... — read more
3:30 CST 2/19/19.
One hour until big news. Grab your ankles!
Is anybody actually surprised by this?
Wait so there’s gonna be a February layoff? Shocking... haven’t we been doing rounds since 2016? The new executives/VPs come in from different companies, and are hopefully told some direction from the higher ups on budgeting etc. if not then they’re... — read more
Things that make you go hmmm...
CEO put in position who has been through large sale in past (Kerr-McGee) CEO brought out of retirement (age 61 now and will one day retire again with nice nest egg) Has worked to whittle down senior mgmt to only four Anybody who doesn't tow the line... — read more
Layoffs 2/28
End of feb layoffs across the board Topheavy strategy not working
How’s that working out for you?
We spent $50,000 to try to prevent SQ788 and now it has been almost 12 months since people have a license and could acquire stuff. Where are all the incidents, people stumbling around, people sleeping at their desks and in the stairwell. They must... — read more
Bye BW and MS
No one will miss you except Microsoft. You single handedly wasted enough time and money to successfully acquire a successful company.
New Layoff rumors starting
With oil prices and stock prices dropping look for move layoff in the fall.
sh-- bonus
f-you devon
Elliot management?
They will get the company sold or at least get rid of the ceo and his crew and lots of others.
Blood is in the air!
February will be short more than just days by golly. Good luck to the newly unemployed!
Why do furloughed government employees get public sympathy and LAID OFF private sector employees get none?!
They're opening up food banks, allowing rent, mortgage and utility bills to be put on hold. Only for furloughed government workers who will RECEIVE BACK PAY!!!! No public sympathy or help for private sector employees LAID OFF in droves!!
Delaware assets up for sale
Rumor is DVN has all of its Delaware Basin assets up for sale ?
Bonuses or Raises
Two - Three weeks away from performance review results. Anyone hearing any news through the departments? Usually there are rumbles around this time.
2019 almost $20.20
Looking back on 2018. The rise and fall of WTI and stock. The layoff, mass exodus of the best and brightest, random Sandusky speeches, and prompt exits of SVP’s seem to be the new norm. The short sided $20.20 vision was almost a success a year and a... — read more
Not knowing, Bad
It's not what is going to happen that is so bad, "It's not knowing what's going to happen". As an open plea to HR, legal and management, please move swiftly and fairly! Don't feel by lying and stringing us along you are making things better. Finally... — read more
Vision $20.20: We're almost there!
We're close to achieving our Vision $20.20 two years early! So continue taking those 90-minute Well breaks, Don't forget to arrive at 9ish and leave at 4ish, and above all, make sure you take EVERY Friday off-or if you must make a token showing on... — read more
Devon MF’in Energy
Guys & Gals lets make this short and sweet. We are entitled, Arrogant, id--ts on the same sinking ship. Our “contractors” deserve a lot more credit without them we would literally all be drowning. Sandusky needs to go down faster than our stock is... — read more
What's the name of that Petty song again?
Didn't Tom Petty write a song once about Devon's performance? Freefallin'? Vision $20.20 is certainly within our grasp now. Good thing the palatial windows on 46 are sealed shut, unless, of course, this is part of some grand super-secret master plan... — read more
More layoffs at Devon in early 2019
Yes there are credible resources that early 2019 there is another round of layoffs. That is the sole intent for the optimization and automation robots. Natural attrition, forced attrition, and non replacement of employees as they leave. Even HR... — read more
Future bloodbath schedule?
I have a house for sale in Yukon and my realtor is hinting I should drop the price before the spring blood letting begins. Are there really hints that Devon is going to downsize again?
2018 bonus?
Does anyone know what the 2018 bonuses will look like?
Haircut boy
Slick back haircut boy is gone, who is next? He was a good speaker but like most 40-somethings In management, didn’t know much.
KL
One of the very few good ones at that level. The die is cast. WH is the CEO in waiting. Sandusky need only complete his final round of layoffs, and he’ll get his golden parachute. This is not a good place to work. And it’s going to get worse.
It's all about dividend
The only people being tricked are the shareholders. I'd say Devon is a multiple trick pony. Pathetic that with the kind of buybacks being performed along with the production increases being seen that the stock continues to dwell at the bottom of the... — read more
Time for a Merger or Acquisition?
We have been trying this vision 2020 thing for some time now and don't have much to show. Unfortunately it seems that wall street misinterpreted it to be a vision for a $20.20 share price and so with that in mind we are rapidly reaching our goal... — read more
Smell the coffee
I don’t get why people don’t read between the lines... Devon is slashing assets to sell the company, that’s the 2020 vision. Executives and managers are being retained to get a nice golden parachute when it’s all said and done. The best way out of... — read more
Cost savings
Who forgot to pay the AC bill??
Your move
You going to layoff or terminate us employees who participate in the medical can--bis program and have their license? Product will be legal according to the State this weekend if we grew it ourselves. We have done everything according to the State... — read more
Chevron is buying Devon?
Who else has heard this rumour? Is there any validity behind it?
More people jumping ship!
The ship is going down .... who else is jumping!?
E&P recovers
All E&P companies recover from last week, with the exception of Devon which is down yet again. Sad what has happened here.
More layoffs at Devon
Devon is on the verge of bankruptcy and laying off again the last few days Any more info on Devon layoffs last week? Are we going to see any more this week?
Devon Canada - Gas
Sounds like gas assets being shut in and layoffs shortly. Continue on with picking people off and keeping everyone on edge. When will heavy oil be sold? Not soon enough...feet are getting wet on this aimless, sinking ship
Honest opinions on AP and automation
Anyone have honest thoughts or opinions on the AP automation progress? Is it really a good thing or is it just a way to get the counts down just in time for layoffs?
How???
How has the axe not fallen on Sandusky yet????
Interesting ruling
I would love to be a fly on the wall when our legal team is discussing the recent federal judge ruling in Connecticut on medical weed. The reality of our future lawsuits are starting reveal themselves if we continue our stance.