Topics regarding layoffs at Devon Energy Corp.

Topics regarding layoffs at Devon Energy Corp.

There will be...

...more heads rolling in OKC than Houston, even after 6 layoffs Devon is still way over staffed by a bunch of su-k ups doing 20% of the work and drowning the small majority doing the other 80% of the work. If this offends you, you must have gotten... — read more 


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| 820 views | | no replies yet
Post ID: @OP+1kgqr6krh

Media's making predictions

Devon, Coterra Merger Confirms Layoffs https://www.upstreamonline.com/people/layoffs-on-horizon-after-58-billion-us-shale-merger/2-1-1938275 Devon Energy and Coterra Energy are merging in a $58 billion deal. Layoffs will occur at the newly... — read more 


Hoping for real change!!

I’m very satisfied with the outcome, especially seeing some leadership changes within DVN. Unfortunately, certain individuals were placed in leadership roles they were not prepared for. In Lea County specifically, the superintendent J.C has... — read more 


Welp

New CEO= no wfh,subpar bonus, less than inflation salary increase, AI psychosis and the most toxic work environment in the metro. Is Continental hiring?


Shout out to DVN on Jim Cramer

Lightning round! “Devon has been such a poor performer…It’s really been a nightmare frankly.” You reap what you sow.

Houston Office Layoffs

Devon is slowly axing departments in the small Houston Office after the GME Acquisition. Which department will be next? Or will the entire office be closed?

A tale of two cities

RM takes over and gives everyone a $10k bonus. CG steps into the role and takes away wfh. The only incentive to not apply elsewhere is gone now

For sale!

Actively accepting offers! Deeply discounted all assets priced to move!

Technical malfeasance

Ego-driven design: Elevating our "cool idea" over the needs of actual customers, often with the platitude "the customers will love it." No, they won't. And furthermore, the cool idea isn’t actually cool, nor does it work.

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| 980 views | | 3 replies (last December 7, 2024)
Post ID: @OP+1vO7p93j

Exit interviews

Does any real action come from these, or are they simply some “we listen to you” check-the-box activity to help hr and leaders feel better about themselves?

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| 1580 views | | 8 replies (last December 18, 2024)
Post ID: @OP+1vzMhdfc

The annual truffle shuffle

The land group doing the old truffle shuffle of leadership just in time to sc--w the individual contributors of the meaningful performance review or promotion they worked for all year. Well done.

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| 780 views | | 1 reply (October 16, 2024)
Post ID: @OP+1uZjfZXI

MERGE???

I hear today at one of our meetings in OKC that we looking into buy Permian resources out of midland tx. Any thoughts? Are they even worth to buy or merge?

Ohhhhh look out!

Mr. Podcast is back on tour again! Probably to tout the innovative GME acquisition. But what happens when they all see what a complete nightmare it is to be part of the dvn organization and instead take their packages.

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| 1070 views | | 5 replies (last October 4, 2024)
Post ID: @OP+1uI47dtG

Here’s looking at you, kid

Watching a company slowly but steadily implode. Here's why: Many of the key leaders under the execs are a toxic cancer cell with delusions of grandeur and a history of abusing people, but coddled because ?? Mission creep. In too many things. ... — read more 

Poor management decisions in the Permian!

New changes are having so many experience people leaving this company that it will hurt. Just because the wrong people are in power, The expectation of making a better company to work for ends down the toilet!! All this diversity bs and buddy system... — read more 

Considerations for the company

Exit interviews in toxic workplaces such as Devon are a sham. They mask the rot instead of fixing it. Think about it. Employees leaving are either too scared to tell the truth or too disillusioned to believe their feedback will matter. The worst... — read more 

TAKE. THE. PACKAGE.

Do yourself a favor and take the money and run. If you are given a choice, choose to exit with the cash and your life will be better for it. We know you are better than us, we saw it with WPX. All we will do is protect our jobs and push you to the... — read more 

Remember,

If your voice held no power, they wouldn’t try to silence you.

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| 820 views | | 2 replies (last July 14, 2024)
Post ID: @OP+1tca2jZP

Sad But True

https://www.reuters.com/markets/deals/how-devon-energy-missed-out-us-oil-gas-mega-deal-wave-2024-06-06/

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| 1130 views | | 4 replies (last June 25, 2024)
Post ID: @OP+1sTBRoc7

Offer

Who is next on the list for a bid?

M&A

At least the softball stadium is named after us

Food for thought

If you are a data management professional, I want you to ask yourself: how easy is it for your customers to answer questions they have? If I am a customer, how easy is it for me to get the information I want? how well is it communicated between... — read more 

Maybe

Just maybe, if we focused more on returning cash to the shareholders, instead of building more and more namesake monuments to the glory of Devon, our stock wouldn’t be in the toilet. Since our high over a year ago, it’s been one dividend slash after... — read more 

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