just curious. will they rent out the other floors?

We are not sure why they only exited a paltry amount of people. Much more is needed and will absolutely happen in the future.

Now that operations has been impacted, accounting should follow suit 2-3 months later. Christmas gift of freedom maybe?

I would assume by now that DH has posted a heart-felt video saying how "difficult" this is for him. Makes you wonder how many takes it took for him to actually appear sincere. Fortunate for him, he did hire the best acting coach shareholder money can... — read more 

Don’t forget to put on your hard hats boys!!!

CNRL got the assets for a song and a dance. Market realizes that and DVN stock flat/punished. Sad, went from a decent company to a POS. Next on the auction block, DVN Energy.

https://twitter.com/TheLayoff/status/1179049481716654080?s=20

Get excited folks. Anyone who gets a pink sheet today wins the lottery! May the odds be forever in your favor PS: Contractors are also not safe...

When’s it going down? Pull the trigger already.

Wow, what a monumental announcement they just made. There’s likely to be hundreds of people laid off in the next month. And it now looks like a whopping 3 of them will be VP level or higher. It is a New Devon, after all. I just pray we can survive... — read more 

I know everyone is wondering why the layoff didn't happen yesterday. I have it on good authority that the Board wanted it pushed into October so it could be rolled into the Devon Spooktacular™ festivities. So use this reprieve to get your... — read more 

T Boone Pickens once said “If you’re not replacing your assets, you’re liquidating.” Smart man.

Our company just spent two weeks dancing and making absolute fools of themselves. What happened to a professional work environment? Meanwhile Continental, EOG, ConocoPhillips, etc are working hard, growing, and creating value. I doubt they announce... — read more 

6 days ago, I hit it again. It’s pretty weird to be so glad that I no longer work for a company that I was so happy to have me hire, but there you have it.

Any idea when those layoffs are supposed to take place? What rumors are out there?

Elliot mgmt, please cleanse us of TV, TM and WH’s sins. wash the taint. Please return us to being a real oil company, not a private country club for these sick cuuucks who have been running the company into the dirt.

Now that all of AP’s supply chain contacts are laid off, more problems will plague the group. PO integration will get worse, more invoicing issues, etc. Several people in the group are close to leaving Devon. No one likes the current invoicing... — read more 

In every battle, there are those who survive, for no known reason. Today, some lucky few were chosen to have liberty bestowed upon them. For the rest who remain, we salute you. Good luck, you poor b–tards.

Does anyone know what assets are up for sale soon? Heard the Anadarko is on the chopping block.

Anyone hear when the reorg’s happening?

The transformation to New Devon, a.k.a. Devon Hospitality, is nearly complete. Once Devon can divest the remaining oil and gas assets, they can focus on their core business of hospitality which is not as sensitive to commodity price... — read more 

Canada, Barnett, Anadarko, what’s next? At what point will the Exec team admit that all we are trying to do now is stay afloat and get a life raft from a major?

Rumor going around that there will be an announcement soon about layoffs in ABBU. Anybody hear anything?

Will this one actually go for fair market value? The Canadian assets were let go for nearly $1B less than fair market value. Is this another desperation sale of assets from the clearance rack?

There will be a stock market collapse and recession within a year. Just like in 2008. Devon is not positioned well to weather the storm. Get out of this sinking ship now while companies are still hiring. Move to something more stable. Such pathetic... — read more 

Worst company ever. Bp’s and Managers are technically weak but trying to make decisions when they don’t understand simple math/physics.

Still have 21 VPs. Need to cut. Can start with W-H, id–t that came over from marathon, claimed to be expert in STACK, sh*t the bed on well spacing.

I feel like a lot of people are always thinking about quitting their jobs, but how many people are actually out there submitting applications and doing interviews? If you left Devon, where would you like to work, or what would you rather do, or where... — read more 

Does anyone know who the best employment attorney is in okc? That will be ok going up against this place?

Goodbye Dr M—ton, you were the greatest sweater wearing toker, in the history of Devon data science, Even when you flopped, you fabricated complex sounding bullsh** And the leadership you had knew nothing more And it seems to me,you lived... — read more 

As you all know GS issued a sell rating in the wee early morning hours on 7/23/2019. How DARE they. This analyst DARES to question OUR numbers? We are ALWAYS right in our flawless self analysis. There can NEVER be someone who disagrees with how we... — read more 

Will a rabbit pop out of a hat then? It seems the results to this point are to diminish the company, lay employees off, and reduce the stock price dramatically. As a stockholder, that seems counter-intuitive. Is something wonderful supposed to... — read more 

The Canada sale closed today, DVN truly a shrinking violet. They could not get RD off website fast enough.

Canada sale finishes up at the end of the month. Hoping soon thereafter for an acquisition by a major, or a merger with a larger company. Worst part is waiting for something to happen. Folks are sick of the cost saving exercises that feel like part... — read more 

https://www.cnbc.com/video/2019/06/19/devon-energy-ceo-david-hager-oil-crude-gas-commodities-squawk-box.html

Anyone in HR/Analytics able to share?

Between Northstar, Anderson, and the short lived BP Oil Sands deal, Devon spent well over $10B. Now they sell off the Canadian assets for $2.8B. Thanks for destroying value! The entire executive leadership team should be fired, but we have a do... — read more