Everything posted here is speculation. No Truth.
Devon Canada - Grimm news
The association is now forecasting there will be 25,110 fewer jobs this year than last year -- a 50 percent decline in overall jobs in the sector. Its just too expensive. Devon will be selling all of it Canada interest. Layoff have already started... — read more
Devon Used to Be a Great Company
What went wrong peeps? It's so sad to read these comments...
It's happening.
Just got a mandatory meeting request from HR, and so did others on my floor. It was nice knowing you.
100s more to be cut in the weeks ahead. Just wait and see.
Our mammoth tower wil be half empty
So I was a day late.
It happened today 😳26 out the door
Severance
I was laid off this year from Devon, and for being there a pretty short period, I was given 3 months of severance, plus bonuses, and they vested all my stock. Honestly easy enough to get by a year on. So don't worry, getting laid off could be... — read more
some knowledge about layoffs required...
I guess most story tellers here never been managers or involved in layoffs, I have been there twice as a manager and as an employee, so here it is; It's not that easy guys! Most seperation papers include a clause where you cannot get re-hired if you... — read more
OMG OMG OMG
Did that even feel like a 3 day break? Went by so fast it's mind bottling. I mean it's not rocket appliances or anything but it just blue by.
Omg stop cleaning bathrooms after lunch
Why does the cleaning staff always have to clean the bathrooms after lunch? Im going to have a butt explosion after that Coney Dog........eek gads...hurry the f up!
This is Devon Management
Just messing with you about the 8th to scare your assess in to working harder!!!! Muhahaha muhahaha!!
Pot Stirring
Chk people are just spreading rumors here about Devon bc they have worn their page into the ground with a bunch of BS...plus it's not like they have any work to do. This site is full of garbage until layoffs actually happen. Best to believe it when... — read more
Tuesday will be tough day at work.
Tuesday will be tough day at work. It's not by choice, but economics. The stock price is under forty and dropping. I saw gasoline at the pump for $1.79. It's going to a rough couple of years in the Oil Industry. Devon as we know it today will not be... — read more
Cheer up Devon employees
Those still at Devon, cheer up. I was laid off from IT in April. Was very pissed. But after 4 months of receiving a biweekly paycheck as part of Severance (your mileage may vary), I am calm and happy to have been saved the stress of "when am I going... — read more
9/8
Why do we feel the 8th?
Meetings
Lots of upper managers and VPs from G&G meeting today.... Prepping for Tuesday?
Start with land and then just keep moving
John Raines and all his early 30's suck ups, then move to all the other departments and due the same. This company's heyday ended with John Nichols. Used to be a good company now it's a joke. Sure glad we got that building though
Someone with real information please answer these questions AND indicate if you have a reliable source or if it is an educated guess
What groups are to be part of the 9/8 layoff? Please indicate the respective percentages of these groups. Why hasn't there been any communication out about it similar to what COP released? Will the process be similar to the IT layoffs that took place... — read more
Enjoy the holiday
Enjoy the holiday - Changes coming on 9/8 to drive the cashflow and drive up the stock price. Could be significant layoffs and restructuring.
HUGE layoffs await and contractor cuts
When Devon Stock breaks below 35 Devon will be a ghost town. HUGE layoffs await and contractor cuts and I MEAN HUGE!!!! Projects put on hold and drilling stopped. It will be come a matter of survival. Then the question has to be asked will Devon be... — read more
Anyone with reliable info
Does anyone have any reliable news as to IF layoffs will happen? Also, what areas will be downsized? IT, engineers, geologist, drilling, HSE, admin services, land? Also, will it be confined to the main office or will the assets be hit as well. The... — read more
Devon stock to break 35. LOOK for big NEW!
When Devon Stock breaks below 35 Devon will be a ghost town. HUGE layoffs await and contractor cuts and I MEAN HUGE!!!! Projects put on hold and drilling stopped. It will be come a matter of survival. Then the question has to be asked will Devon be... — read more
Anyone else feeling the pressure?
Still at Devon, not sure for how much longer. Oil down to $37s today. Alot of people still seem to be in denial & think they're safe forever. Am I the only one feeling like the axe is about to fall?
Energy Jobs/Company Spending Is the New Housing Bubble
Let's face it, overspending, over investing, over hedging and over hiring was rampant over the past few years with the oil speculation bubble that has been around starting at the $100/barrell price fixing a few years ago. That bubble has finally... — read more
What positions were eliminated in Canada?
Why Canada? I thought it was all going to be regulated to OKC in the IT and Land departments. What positions were eliminated in Canada?
previous employee
The layoffs have already started in Canada, several people have been let go today or given 2 weeks notice if you are a contractor.
Cuts postponed until after Labor Day
The Devon Layoffs will be delayed until after Labor Day. Another 10% in IT and Land departments. In total about 80 people in Calgary and OKC.
WARN ACT
What about the WARN Act? Isn't it supposed to help the employees in knowing when massive layoffs are going to happen?
Devon is quietly reducing staff. iT lost about 20 people yesterday. Many with over 10 years. As with many corps they are kicking to the curve
Those with the most experience and cost. Shame on Devon. Snakes with no integrity
Depressing environment
It is hard to work everyday here not knowing when the hammer will come and BAM no more job. Feeling sad and depressed
Statement Missing
Did you ever stop and think that it's all just rumors? Most companies will issue some sort of statement when they lay off a massive amount of people. For example, Exxon, Shell, Baker Hughes, Marathon, and National Oil well all let there employees... — read more
Rumors of more
rumors of another round of cuts coming.
A snake like approach
Layoff employees without telling them in advance, is what snake would do, not a company like Devon Energy that touts its integrity and upstanding in the community.
Ben and Lane
You didn't have to work hard to let a handful of us go. Oil prices go up and down. Peoples lives are more important. Did the how many ever IT people you let go impact Devons bottom line? I hope Karma doesn't find you. You have not only hurt an... — read more
Devon logic
"I have mismanaged, therefore you must go. " - Ben Williams