....which were developed and implemented in 2007, contain nine distinct behaviors that Devon leaders must demonstrate on a regular basis if they are to be successful. 1) INTEGRITY 2) Inspires a shared mission 3) Improves the business 4) Understands... — read more 

The reluctance to give employees any sort of timeline or additional information is seriously weakening employee perception of management as an effectual body with an actual plan. It is impossible to give any sort of real effort at work with this... — read more 

I said it before, I'll say it again: I'm so f*g ready for this to be over. What in the world is the point of announcing layoffs and then dragging it on for so long without notifying affected folks? Are they intentionally trying to kill all morale at... — read more 

What departments or areas are planning to be hit during the layoffs?

Been reading an advice column this morning about somebody's father being laid off, and one of the advice was to research employee rights in the specific state he is in, because some states offer significantly more options and protections for the laid... — read more 

I know nothing is happening today but I am still nervous as hell and have trouble sleeping. Most layoffs take place on Tuesday and until this whole thing is over I'm pretty sure I will be a nervous wreck every single one of them. Hopefully I only... — read more 

Welcome to the club. It’s only just begun. Sincerely, ~Chesepeake circa 2013

Listen up! I’m coming at you live and direct and maybe, just maybe I make this thread go away like the last three. I’m streaking like the downward nose dive of Devon Stock. The problem is, you can’t talk about catatonic execs, nepotism, c-walking in... — read more 

Looks like we can relax a bit (or worry even more, depending of your approach to the situation.) From everything I've been hearing in the office (and it seems to also be a consensus here on the board,) nothing is happening before next week. So unless... — read more 

I was reading an article today, and it said that while chances of renegotiating a severance are always slim, exceptions can happen in some cases where unique circumstances are present. It got me wondering, what could constitute unique circumstances... — read more 

I'm this close to just getting out and walking out on my own. The only thing keeping me here? Possibly missing out on a severance. Now tell me, how sad is that? That the only thing keeping me at this company is potential of getting laid off. Talk... — read more 

Right now the atmosphere at the office is ridiculous. You can cut the tension in the air with a knife. Hopefully, tomorrow we'll know what's going on, because this right now is unsustainable. Does somebody here know if tomorrow is the day or no? It's... — read more 

First, my thoughts and prayers go out to all the families affected by this! I was let go during the 2016 debacle, and I hate it that some of my friends and many other good people have been going to a job everyday that they can't trust because Devon... — read more 

So they rank eveyone based on their cost to the company including medical expenses. Then they will cut 9% from the top. A few critical people at the top will be exempt. Other than those everyone is at risk. It is all about playing the numbers game... — read more 

2016, they sent out email week before, so assuming they will do the same, next week we will receive email that it will happen the following Wednesday and Thursday. Yup, pretty much what @SGyPO0U-1psq said. The earliest we will know is the week after... — read more 

Who's in? Let's drown our sorrows and toast our miseries away. Freedom from the bondage of the ivory tower.

My group was told by our manager that volunteering is certainly an option. Several accounting groups have heard the same thing. Can somebody please confirm if this is the truth? We haven't heard anything from our manager about this option, and I... — read more 

Why is the only asset in the Devon portfolio that is incapable of producing oil, not even being discussed when talking about divestment? I assume it’s because no property management company is interested in purchasing office space in OKC. I’m not... — read more 

Is Tuesday the D-day on layoffs? I think there were several dates circling around, but April 17 was what the consensus settled on? In all honesty, I can't wait. I'll be happy if I'm on the list. I wish there was an option to volunteer, as somebody... — read more 

This guy made more in one year than most of you will make in a lifetime. Hager talks about wins, let’s do this Davey. Sinopec JV, that’s a loss. Sumitomo JV, that’s a loss. Hey, let’s invest in Michigan, San Angelo, Louisiana....damnit, there’s... — read more 

Why do we even need layoffs when people are leaving the company left and right on their own? I think I hear about somebody else who leaves on their own every single day. What's the point of hiring new people just to lay off somebody else doing the... — read more 

Asking the real questions...😀

WTF is the point of ~100 VP’s??? Devon’s board needs to do their job and get rid of our horrible upper management. 100 VP’s!? WTF do these people even do? There are VP’s with 1 report. Just as there are supervisors with 0 reports. Talk about... — read more 

For all of you who don’t appreciate the PMO and thing you know what’s going on and know what’s right. You dragged Devon into nearly 300 projects many the PMO never knew of. Every successful corporation, apparently Devon’s desire to accept PMO will... — read more 

Just wondering if we will once again see an overwhelming number of people in their late forties and early fifties dominate the layoffs list? It has been the case so far, some of the best people were shown the door in every layoff so far, so I don't... — read more 

Root cause analysis 101 ask why 5 times to get to the root of the problem... Example Your stock fell $15 in 2 days!! Why Dave? because we missed production targets mostly in Non Op properties and Canada. Why Dave? because wells sometimes go off... — read more 

It’s easy to cut staff to help “boost returns” and it seems easier to watch $8.24B of market cap erase as it has under Hager and Vaughn’s control. I wouldn’t even call it Leadership. At a fully burdened FTE rate of $200K, that’s enough to employ... — read more 

Once again, Continental takes the high road, with no layoffs. Their CEO doesn't use employees for scapegoats. If an exploration company can't make money and execute with $60 oil, and attract investors, something is wrong.

Layoffs generally are expected while an industry is contracting, but the recent cuts have occurred after oil prices surged more than 50 percent over the last half of 2017 and as most energy producers have swung to profitability.

Anybody here scared that the final number will be higher than 300? It wouldn't be the first time that the official number and what actually happens do not match. I think they usually report lower numbers to soften the blow, not cause too much panic... — read more 

I checked this site after I heard the recent news and thought I would post some first hand info on the Devon layoff experience for those who are curious/worried. I was laid off in the 2016 purge. I was in a support role in the company getting good... — read more 

So let me guess, this time we'll see even more veterans laid off? For a company that touts being veteran friendly, Devon certainly has no issues showing us the door when it wants to save a few bucks and employ cheaper employees with no experience to... — read more 

Please bring an option forward to volunteer. There are a large portion of us who would willingly volunteer

I heard the 17th. Any over/under takers? Or inside information?

Mr. Hager....you should be the first to go. Your lack of strategy and your ability to lead from behind is one of the MAJOR issues here. You announce your big 2020 plan. Not sure if you realize but you are setting out a 24 month plan. So, I guess... — read more 

I'll be happy as long as the project manager all get the boot, they are worthless and cost us alot of money.

At least you get a decent package. What is sad for us is the contracters all stay. They could reduce contactors and save money, but they dont

http://www.fox5ny.com/news/police-man-stabs-boss-after-being-fired-from-restaurant