Thread regarding Devon Energy Corp. layoffs

Bloodbath Averted for Now

Based on the earnings announcement I doubt there will be a bloodbath (not great but could have been a lot worse) until next quarter once the low prices hit home after the hedges have long expired, etc.

http://www.devonenergy.com/news/2015/Devon-Energy-Reports-Third-Quarter-2015-Results

If you survived thus far don't expect anything at the end of the year if you aren't at the management / director level..

Those in the middle and the top will continue as always to get theirs come compensation / review time regardless of stock price, etc.

Look here for info:

http://www.insidercow.com/history/company.jsp?company=DVN&B1=Search%21

If you survived and still work for Devon be thankful that you have a job and get used to working twice as hard for the same pay...

Happy Holidays Losers!

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