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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People hired within last 2 years most likely to go in layoffs no matter their postition, unless they have created real quantifiable value for the company.
Rigs laying down where??
Releasing rigs immediately. Layoffs of contract staff. Early retirement packages. Then company wide layoffs.