Thread regarding Devon Energy Corp. layoffs

Very impressive!

Not sure how you are able to give up more exec seats and move the company headquarters to the smaller company but DVN was able to do it!


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| 1821 views | | 13 replies (last February 4) | Reply
Post ID: @OP+1kgg15h3v

13 replies (most recent on top)

I hear Hess Tower has vacancy…

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Post ID: @g1+1kgg15h3v

Wherever the office is (at a time when corporate offices are an absolute waste of money) it’ll be somewhere where homes average $1.8M on average or in an area that is complete dump along with the school system. Get ready to sink your entire net worth into a home if you don’t want to be an hour each way from wherever it is.

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Post ID: @ez+1kgg15h3v

@aj They way I understand, it's going to be in the abandoned Astrodome on Old Spanish Trail. They are just going to 42 doublewide trailers in and use the existing infrastructure for the gym and NEBU. No reason to sign a big lease on a fancy building just to wait 2 years for COP to buy them out.

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Post ID: @df+1kgg15h3v

@aj the Marathon tower isn't vacant, the new owner already has tenants in place

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Post ID: @d7+1kgg15h3v

I swear this just comes down to a certain exec wanting to hang out with his CEO pals. Nothing more nothing less.

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Post ID: @d4+1kgg15h3v

@an the people who make decisions do care

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Post ID: @az+1kgg15h3v

no one posting here makes enough money to possibly care about state level income taxes lmao

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Post ID: @an+1kgg15h3v

Chevron should just come behind and take it all.

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Post ID: @ak+1kgg15h3v

Personal guess the brand new, vacant Marathon Oil tower may be a perfect fit for Devon Houston headquarters.

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Post ID: @aj+1kgg15h3v

Devon has decamped to Houston, beguiled by Texas’s most persuasive argument: no income tax. Money, that most candid of counselors, has spoken plainly, and the C-suite has obeyed without hesitation.

Oklahoma, if she intends to keep her captains of industry, must act with resolve and strike at her own income tax. Hesitation will be costly. For capital is a migratory creature, and it flies toward fairer weather.

Otherwise, she will watch her prizes drift south, until only the Thunder remain to bear Oklahoma City’s standard—unless Austin, ever ambitious, decides it too fancies a storm of its own.

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Post ID: @ah+1kgg15h3v

Jokes on them, we have a world class taco bar at NEBU.

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Post ID: @ab+1kgg15h3v

Joke’s on them we have sports lab

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Post ID: @aa+1kgg15h3v

WINNING

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Post ID: @a7+1kgg15h3v

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