What are the layoff numbers looking like now folks? More?! Of course! So the total number of Devon employees is...872 right now?
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Convince store eh? Convenient that you don’t know how to spell convenience. DW
When will they realize that the upper management is a joke? And shouldn’t be in charge of a convince store. 🤦🏼♂️...oh wait they make the decisions lol... so they will continue to run the company in to bankruptcy
CEO's are allowed to be CRAZY. That is where the value is coming from. If they didn't take risks there would be no payoff. Also you do not understand, you are probably and engineer and think logically. Note, no engineers in government (congress, senate or presidency). Once you reach a certain "tier" of society you wealth makes you brilliant, has nothing to do with brains. You have more than the masses, who are arses. Also, the knee-jerk, can't make a decision until it is an emergency. Is the typical behavior model. Why? Because any decision is a good decision when there is no time left to think. Cuts out that disturbing need for discussion and board meetings.
CEO of the century award goes to......yup, anyone else
All managers on up are inept. They have zero technical understanding.
no direction? we've cut G&A 15 times and bought back $5B in stock at an average price of $40. CEO is mad! He's REALLY mad!
It's quite ironic that the worst run company in Oklahoma will not be the first to go bankrupt because others have worse debt from before 2016. How mad does the CEO have to get before he tries an actual strategy beyond layoffs and stock buybacks?
Sorry I almost forgot about the non-core divestitures going for less than market value.
Time for G&A cut #16. Who is left to layoff?
They will hire and fire flow backs because Devon is a poor example of a company that has no direction. And will go down in flames
So why is Devon getting in the Flow back business? They tried to use Devon employees for completion s. That lasted about three weeks and started calling consultants back. They will spend Hundreds of millions of dollars. Then have to hire flow hands.
100% lay-off coming after the buy out that’s in the works. No extra help will be needed. Thanks Dave Hagar fo running this company in to the ground...
I wouldn’t expect any reductions in workforce until 2021 when the hedges roll off.
This week or year?