Topics regarding layoffs at Devon Energy Corp.

Topics regarding layoffs at Devon Energy Corp.

Bad BAD MOVE - >> Devon going down.

Devon Stock was just starting to recover, and now it is going down like a rock. How will they get stock prices back up? Layoff. massive layoffs

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| 1250 views | | 3 replies (last December 29, 2015)
Post ID: @OP+EUfCGww

Flash Back

The supervisor who was shot and killed at Trans-Coil International Thursday evening was gunned down in his office during a meeting with a disgruntled employee who then killed himself, Milwaukee Police Chief Ed Flynn said Friday. George Hites, 58, of... — read more 

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| 1740 views | | 4 replies (last December 12, 2015)
Post ID: @OP+ERrSM8A

Moral in IT Dept

I'm thinking about accepting an offer in the IT dept but wanted to get a better feel for overall moral in this dept first. My two interviews were depressing as hell and I got the sense no one likes working here anymore. What happened? This place used... — read more 

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| 1860 views | | 5 replies (last December 13, 2015)
Post ID: @OP+EP38Hq8

Merry Christmas!

Life at Devon is Great! Take your doom and gloom somewhere else.

by
| 904 views | | 2 replies (last December 23, 2015)
Post ID: @OP+EPgAXz8

Team Pumping

Is anyone else doing "team pumping" if so what do u think about it

by
| 1100 views | | 2 replies (last December 6, 2015)
Post ID: @OP+EOMkvuB

IT and Accenture

Is Accenture still running Devon IT? While upper management called it cosourcing and all those buzz words, they seem to be running IT. Welcome to the new world!

by
| 1480 views | | 5 replies (last December 9, 2015)
Post ID: @OP+ENrdBzZ

Per EK4fKxws post, don't hold your breath on Mgt. cuts.

Granted, there's a significant group of inept (Boyd, Buchanan, etc.) amongst the mid/upper Mgt. but once you're in that 'elite club', you're basically set. Don't expect any real changes to the core.

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| 876 views | | no replies yet
Post ID: @OP+EMO0U5G

Satellite office employees are getting snipped

whole departments are being liquidated. no one is safe. If you work in a field office, you need to spend every day proving your worth. THEY WILL CUT YOU IF YOU ARE NOT ADDING TO THE COMPANY.

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| 770 views | | no replies yet
Post ID: @OP+EKzwDrP

No one is immune inthis smarket.

AEP is laying off weekly too. Got my source from an employee. Work in AEP's bldg. less cars in parking lot, missing familiar persons in POPS's deli. Some went to Ascent, but still there are land and IT folks defiinitely laid off of late. And no... — read more 

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| 1203 views | | no replies yet
Post ID: @OP+EIRHtQQ

need to focus on making money

Devon needs to focus on making money and eliminate all other useless departments ( i.e. continuous improvement and the data management "experts" who know nothing about how we actually make money). Such groups are only a drag on the system. They not... — read more 

by
| 1250 views | | 2 replies (last January 6, 2016)
Post ID: @OP+EIIgyLl

continuous improvement

What are all these CI guys doing? Most of them were working out at Tinkler AFB before Devon. Why did Devon hire so many government employees? Was this a good idea?

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| 1320 views | | 6 replies (last January 6, 2016)
Post ID: @OP+EBcenHO

East TX Engineers

Devon just laid off an east TX production engineer. He was a younger guy and I forgot his name. Who is next? Could his job have been saved had Devon not run such a sloppy and haphazard operation in other areas (Delaware Basin) Enough fraud has... — read more 

by
| 1290 views | | 8 replies (last November 24, 2015)
Post ID: @OP+EytOW1L

Devon has a strong balance sheet and great assets

Devon has a strong balance sheet and great assets To this point they have held on to people, so I think they will give it until the end of the year before really putting any large scale layoff in place. I personally think if they had a Voluntary... — read more 

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| 810 views | | 5 replies (last November 19, 2015)
Post ID: @OP+Ex0Lmzl

25 Companies That Burn Most Cash (as of Nov 2015)

25 Companies that Burn the Most Cash : Anadarko Petroleum Corp. Chevron Corp. DuPont Co. Yahoo Inc. Leucadia National Corp. Freeport-McMoran Copper & Gold Inc. Occidental Petroleum Corp. Marathon Oil Corp. Amazon.com Inc. ConocoPhillips Hess Corp... — read more 

by
| 801 views | | 1 reply (November 19, 2015)
Post ID: @OP+ExXOdIn

When will it stop?

So oil goes under $40 for the first time since August. When will the bleeding stop? What will make it stop?

by
| 530 views | | 5 replies (last November 19, 2015)
Post ID: @OP+EwAQFK9

Haven't you also noticed the change in the people hired.

1) You have to be under 30. 2) If you're gay then this is even better. 3) No real mean. 4) Your looks have to a 9-10. 5) You have to wear tight pants. 6) If you're a women you have to wear F-Me shoes. 7) If you're a guy you must have hair. No bald... — read more 

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| 1270 views | | 24 replies (last November 22, 2015)
Post ID: @OP+EvIhdyT

OMG...Upper Management!

Seriously...upper management fix middle management! Directors have no clue what is going on in their organization. Managers are sucking ass to get ahead and supervisors are running around gossiping. This is the only way the staff can get messages to... — read more 

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| 1510 views | | 15 replies (last November 19, 2015)
Post ID: @OP+Ev1cWUz

Devon making discrete cuts.

Look out everyone! Devon HR is firing people without performance issues, without write-ups, and without any kind of due process. All in the name of cutting G&A. Basically, this means that management has been given free reign to remake their teams... — read more 

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| 1340 views | | 10 replies (last January 6, 2016)
Post ID: @OP+EvHrjZO

High school anyone?

As long as they run this company like a high school where the cool kids get promoted and the popular kids get the choice units, while the nerdy kids that actually get work done are treated as disposable, this company will never get ahead. At some... — read more 

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| 820 views | | 9 replies (last November 16, 2015)
Post ID: @OP+EsruoP1

High school anyone?

As long as they run this company like a high school where the cool kids get promoted and the popular kids get the choice units, while the nerdy kids that actually get work done are treated as disposable, this company will never get ahead. At some... — read more 

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| 530 views | | no replies yet
Post ID: @OP+Esd230G

How low does it go?

Any bets on how low OPEC lets oil prices go until they finally step in. My guess is $25 per barrel. It's going to be a brutal 4th quarter and first half of next year.

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| 570 views | | 5 replies (last November 17, 2015)
Post ID: @OP+Er1njy7

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