That kind of sums it up: 9% Cut, 300 People, All Departments and Functions Impacted

There you go: The oil and gas industry is in a lower-for-longer commodity price environment, which requires Devon to transform the way it operates. The company must continue to sharpen its focus on core operations, increase its operating and... — read more 

My condolences to any and all impacted by the layoff- by reputation Devon is a great employer, and will try to do right be these folks, I hope so at least. Two interesting points of note- Nowhere did Devon cry in it's beer about how the Oklahoma GPT... — read more 

Can someone please tell us how are those affected by today's layoffs being notified?

What are the severance package details? Can I use personal holidays until I'm gone? What’s the policy about retirement and health plans during the last days at the company? Am I being let go with cause? Can I retire instead of being let go? Can I... — read more 

Anybody here knows what happens to your health insurance if you are laid off by Devon? I can handle being laid off, but I can't risk not being covered right now. Can anybody tell me what's the procedure in these situations? As if I didn't have enough... — read more 

DH releasing his 300 video.

All of you need to chill, we have no control over what things will happen.

https://twitter.com/TheLayoff/status/983449112841474048

These are the facts: 30 - 35% reduction in G&A. (Includes more than just a headcount reduction) Yes, there will be layoffs in Accounting, Supply Chain, and IT as well as reorganization. Management and staff will be reduced as well as departments... — read more 

Please post any layoffs related info here!

How do we know the cuts are coming this week? I know it was pretty much confirmed that more people will be laid off by Devon Energy, but I haven't seen a timeline anywhere else. Are we just guessing that today and this week are going to bring the... — read more 

Dreading tomorrow, and this week. I love my Job and do not want to leave. Good luck to.you all.

Has anyone heard if they are offering the same or somewhat comparable severance packages this go around? Or are we gonna just be kicked to the curb?

Accounting management has told many of their employees that a 35% cut is coming. Unsure if that’s company wide or just support functions. Haven’t heard any other discipline management telling their people anything besides the typical don’t buy... — read more 

It's awesome. For proof, see http://www.devonenergy.com/careers/our-work-life

That's the story. Tomorrow 30% of G&G, 10% of Engineers getting the axe. Dunno about any of the other roles.

I can't sleep tonight because I heard some guys at lunch today (they work for Devon, but don't know what they do) talking about Devon' s decision to outsource their accounting and possibly IT dept. Is that even possible with a company like Devon? I... — read more 

I got mine today

So Hager says he's selling everything outside of Stack, Rockies, and Permian. What's going to happen? Is he testing waters or have deals been made? Man I feel like sitting ducks waiting for a package. Who's gonna buy eagle ford? Who's gonna buy... — read more 

Too much paranoia in the tower given how Devon is struggling less and looking so much better than most of the competition. If you are a low performer you still need to worry and if you are employed by what ever company will be bought by Devon this... — read more 

I have not looked at thus site in a while because I was laid off from Devon back in Feb 2016, and it turned out to be the best thing to happen to me careerwise. It sounds like things have not improved at all and is probably even worse now than 2 yrs... — read more 

Waiting for everyone to be back from spring break

Am I paranoid or did I notice packing boxes being transported discreetly (surprised a worker bee in the parking garage) and the "NOT OPEN TO THE PUBLIC" rope-off signs being situated? Please tell me it was a surprise party for someone after hours.

After going thought 4 rounds of layoffs and a job loss, the best advice I can give is to be prepared. Devon is in the top quartile for G&A among it's peers, and a majority of G&A is in compensation. You can do the math. The signs are all there, for... — read more 

Mother of all layoffs will take place over a 3 month (May/June/July) period Up to 32% of FTE and contractors will be cut over a 3 month period.. DE wants to slim down. All L2 mgrs and their directors have been instructed to provide an excel... — read more 

Letters are ready, Names on a list. Next week another round. Project Managers will be hit hard. IT will be cut 15%

I’m hearing some of the same echoes regarding a major reorganization by end of Q1. Close friend is interviewing at Devon and he has been put on hold. Something is brewing. You can tell by the way HR acts and senior leadership, they know and it is... — read more 

It's been quite sometime since I was laid off from Devon. I completely understand that it was necessary as a cost reduction for people to be laid off. After having so much time to process everything and reflect, I'm not bitter anymore and have moved... — read more 

Why did I knowingly pour my sole into a company that threw me to the curb? Why did I sacrifice time with my family in order to position Devon for success? Why is my name on the highest piece of steel on that tower and my heart ripped out and stomped... — read more 

You know something bad is going to happen now that they have once again delayed the stock incentive award. Will February 16th be a repeat of 2016. Mostly likely .

To all of the Devonites, if you don't think a layoff will happen don't kid yourself it will. So save your money! It will happen by the end of Q1. I used to work there and my friends who still do have told me of looming asset sales, re orgs and... — read more 

My recommendation to anyone working at Devon is to not own any (or at least very little) Devon stock. If you have a lot of your money in DVN stock, and depend on it for a paycheck, you are putting all your eggs in one basket. If anything happens... — read more 

Devon has a reputation for hiring 6' 6 inch white male employees with athletic builds. Older employees or anyone overweight are ostracized by these athletic pricks. Very little diversity at Devon.

With the Chesapeake layoffs recently happening I hope that Devon doesn't hire any of their laid off geologists. Pretty much every geologist at Devon I have met that originally came from Chesapeake has been a f---ing retard. If anything, let's follow... — read more 

Anyone know anything?

yeah yeah more layoffs to come