Topics regarding layoffs at Devon Energy Corp.

Topics regarding layoffs at Devon Energy Corp.

Executive pay being cut?

So has there been an announcement about these executive leaders taking a pay cut to try and help the worker bees? What was I thinking?!!! All those guys care about is themselves. They rarely frequented the floors below 40 while I was there.

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| 2370 views | | 4 replies (last February 17, 2016)
Post ID: @OP+FZHqnrZ

Non core assets

I work in the field what exactly does it mean sell of non core assets And people being picked up by whoever buys them.... Sorry but we aren't getting much info

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| 2440 views | | 6 replies (last February 17, 2016)
Post ID: @OP+FZL6lJb

Park Harvey bar

Park Harvey Bar will be open starting noon this week. ;)

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| 1710 views | | 4 replies (last February 17, 2016)
Post ID: @OP+FZ6AESr

Layoffs are coming tomorrow and Thursday

I have a buddy that is pretty close to the CEO and he tells me it will start tom and end Thursday. This is a reliable source. Sorry to break the news to you all. God bless

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| 3200 views | | 6 replies (last February 17, 2016)
Post ID: @OP+FYJ1HHK

OFFICIAL NEWS RELEASE

http://www.koco.com/news/Devon-Energy-expects-layoffs-to-be-complete-by-Thursday/38025094

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| 1332 views | | 1 reply (February 17, 2016)
Post ID: @OP+FYxoGh0

Worked as an accountant for Devon over 12 years up to 2014. I left because what started as a great family oriented employee oriented turned

Into corporate hell. Great employees took ownership worked hard sacrificed family health and relationships andhelped drive them to success but soon went unappreciated. Myself and several others won EEOC cases based on age etc against the Devon... — read more 

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| 3130 views | | 5 replies (last February 17, 2016)
Post ID: @OP+FYJEFhC

Layoff Timeline: OFFICIAL

Tomorrow morning we will begin employee reduction notifications. Notifications will be conducted on an individual basis, and we ask that all Oklahoma City employees stay near their primary office location the next two days. Leaders and HR... — read more 

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| 10350 views | | 12 replies (last February 19, 2016)
Post ID: @OP+FYpdPTE

Additional G&A Cost Reduction Initiatives Underway

Devon also realized significant general and administrative (G&A) cost savings in the fourth quarter. G&A expenses totaled $194 million, or $3.10 per Boe. This result represents a 25 percent decline in G&A year over year, saving nearly $60 million... — read more 

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| 1320 views | | no replies yet
Post ID: @OP+FYdM1UQ

Wednesday

Wednesday will be mass exodus

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| 795 views | | 1 reply (February 17, 2016)
Post ID: @OP+FYFvmXL

Devon Tower Revisited

The IT techs, the HR staff, the Business professionals - these people must leave to make a world for Hooper; they were the aborigines, vermin by right of law, to be laid off at leisure so that things might be safe for the Energy Executive, with his... — read more 

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| 2126 views | | no replies yet
Post ID: @OP+FY0xRSe

The Crawfish Boil

Who thought it was a really good idea to assemble all the happy crawfish and announce there's gonna be a big crawfish boil in the first quarter and a whole lot of them are going into the pot. Most cajun cooks will tell you it's much better on the... — read more 

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| 2370 views | | 4 replies (last February 17, 2016)
Post ID: @OP+FYrMerg

Layoffs are hard

Man, I really feel for you guys. I was let go way back in 2008, but got a great package. I have a number of years over 40 and got a week for each one. plus a week for each increment of salary equal to 10k plus all the stock full vested. Worth almost... — read more 

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| 2620 views | | 4 replies (last February 16, 2016)
Post ID: @OP+FY3I9va

Find me an Attorney in OKC!

I would like to sue them and I need to find an attorney in Oklahoma City who will litigate. I am open for a class action as well. I am sick and tired of seeing them run away with millions while they terminate us, the folks who built this company... — read more 

Outsourcing

I've heard they are going to outsource all of IT and Finance. Very reliable source closed door meetings

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| 6790 views | | 11 replies (last February 16, 2016)
Post ID: @OP+FYruPIR

Faith, hope, and love

Faith, hope, and love.....we talk about these things all the time. Now is not the time to place blame, second guess, say angry words that cannot be taken back. Now is a great time to practice our faith, the belief in ourselves that we are valuable... — read more 

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| 2470 views | | 5 replies (last February 16, 2016)
Post ID: @OP+FYqNeWf

Artesia

Has anything happened in the Artesia abs SENN area. That upper management out there is an absolute joke. They wasted money with zero concern.

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| 1500 views | | 3 replies (last February 17, 2016)
Post ID: @OP+FYnbskb

Official Tuesday thread

Please share any updates, HR sightings, conspiracy theories and random conjecture for today's layoff activities.

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| 6650 views | | 11 replies (last February 16, 2016)
Post ID: @OP+FYsLaHk

**

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| 2260 views | | 3 replies (last February 16, 2016)
Post ID: @OP+FYNhMQJ

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