Topics regarding layoffs at Devon Energy Corp.

Topics regarding layoffs at Devon Energy Corp.

The person who claimed to be in HR was not. I am, though. Unfortunately his/her numbers were not that far off. the number is currently

1429 after a few more were added today from HR (they obviously couldn't put them on the official list since we in HR have access to the list). A big chunk will be let go next Tuesday, with another major round next Thursday. Sorry to be the bearer of... — read more 

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| 4080 views | | 9 replies (last January 22, 2016)
Post ID: @OP+FzROsNv

For the best or for the worse?

My opinion, I think it's best for the areas that are up for sale.. East Texas, Midland Basin, Mississipian areas.. Hopefully someone will buy that is willing to drill and recomplete some of these wells in these areas.

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| 1310 views | | 2 replies (last January 22, 2016)
Post ID: @OP+Fz04nOE

If you're reading this, and you're currently working for Devon

Stop worrying about layoffs, and start focusing on how you can add value to the company. My favorite Devon core value is "hire the best people" I started working here last year, I love my job, and the people I work with. We are the best, and will... — read more 

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| 370 views | | no replies yet
Post ID: @OP+FzGGA0C

the waiting is the hardest part

Thanks for the heads up Uncle Dave, however, iI feel like I am just waiting for the axe to fall. When will we know something? Am I supposed to sit here in silence and wait until I either get ejected or the end of the first quarter? Double you tee f... — read more 

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| 3430 views | | 5 replies (last January 22, 2016)
Post ID: @OP+Fy38Uee

Not Optimistic

I just bought 150 DVN put contracts expiring 1/29 at 19.50 strike. I guess you could say I'm not optimistic.

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| 1570 views | | 6 replies (last January 22, 2016)
Post ID: @OP+FyT9EUB

13 Quick Devon Layoff Guiding Principles

Keep: Under-forty white males Keep: India males Keep: Young girls with short skirts. Let go: The mature people Let go: The farting grandpas that fall asleep in the afternoons. Numbers: The number is 1400 across all of Devon. Contractors (Ciao):... — read more 

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| 4330 views | | 9 replies (last January 22, 2016)
Post ID: @OP+FyK2CHZ

OKC will be the next Detroit with the oil bust.

Kevin Durant is leaving after this season then Rusell Westbrook to follow. There will be increase in bankruptcies, foreclosures, huge drop in home values and divorces. To top it all off OKC just needs a tornado outbreak this spring as most of the... — read more 

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| 2300 views | | 6 replies (last January 24, 2016)
Post ID: @OP+FyJOTTU

What about DO?

Does anybody know if DO is getting cut? If so, what business units?

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| 1600 views | | 3 replies (last January 22, 2016)
Post ID: @OP+FyuxxZv

As long as they clean out the land department.

Way too many slap sticks in Those groups. Hard to get anything from them that makes sense. Sometimes the geo's just fill they make stuff up and look at their management way too many brown noisers. Monkey could do managements job

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| 1550 views | | 2 replies (last January 21, 2016)
Post ID: @OP+Fynqw8F

Who seriously advertises on this site?

WTF peloton......eat a bag of dicks. Wellview is just a polished turd anyway. I think I could replicate it in MSAccess in a week with 1 Indian, 1 Ukrainian, and 1 North Korean developer

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| 1230 views | | 4 replies (last January 22, 2016)
Post ID: @OP+Fyw2FHh

Devon Coffee Shop

Any talk that the Devon coffee shop will close? I love that place.

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| 1420 views | | 2 replies (last January 21, 2016)
Post ID: @OP+Fy3ijYs

Devon Number of Employees

How many employees do we have? 6k? So, 1.5k cut would eliminate 25% - that would be the largest one time O&G layoff ever (in the history of the industry - percentagewise and affecting Fortune 500 companies)

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| 1526 views | | 1 reply (January 21, 2016)
Post ID: @OP+FyLWOZV

Please keep it civil here

I know it's hard for all of us and that many people are frustrated. Let's share this discussion space in a civilized manner and with respect to all who read this. I know there are many spouses, friends&family and children who are following the news... — read more 

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| 2080 views | | 6 replies (last January 21, 2016)
Post ID: @OP+Fy2xKJ9

Devon Severance Pay 2016

Do we know if the severance payment terms will be changing for the folks that will be laid off in 2016. Heard rumors but nothing from HR

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| 4460 views | | 10 replies (last January 21, 2016)
Post ID: @OP+Fx8J4G7

Yes, it's true

Despite some folks claiming that all is good, I have to tell you that Devon has started laying people off already. The cuts took place in IT, and this will continue at an accelerated pace over next few weeks - this has been in plans for a while and... — read more 

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| 4000 views | | 10 replies (last January 23, 2016)
Post ID: @OP+FxIRR7c

Devon Irony

Ironically, Devon Energy just hired a new Exec VP (from outside the company) in the last week. In addition, several VP's were promoted to Exec VP's. Bad timing or bad decisions?

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| 2530 views | | 7 replies (last January 23, 2016)
Post ID: @OP+Fxis5fC

So very sad

People are already starting to disappear. Six people from my floor where just called to HR. I have been told to expect The number to be around 1400 people. This is for all of Devon including the divestiture.

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| 4190 views | | 16 replies (last January 21, 2016)
Post ID: @OP+Fxy16zZ

could cut 1000

They could cut 1000 out of the tower and the company wouldn't miss a beat. Way too much fat

Town Hall meeting at 2 p.m. with layoffs to follow

We can see lots of people making their way into the auditorium at Devon currently. Town Hall starting at 2 p.m. They layoffs coming. It's bad over there. PS: I wonder if they can sell the giant Christmas ornaments for some extra cash.

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| 4450 views | | 10 replies (last January 20, 2016)
Post ID: @OP+FxzJT9R

$20.11 per share

Down almost 15 percent today. Well, this is fun...

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| 692 views | | no replies yet
Post ID: @OP+Fxg5yMW

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