Thread regarding Devon Energy Corp. layoffs

PBTX Reservoir

they laid off a senior reservoir engineer today. He had been with the company a long time and was over the west texas waterfloods.

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| 651 views | | 5 replies (last November 12, 2015) | Reply
Post ID: @OP+EpoOY2j

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Any ideas on why they aren't going for the VRP? It was very popular years ago.

Maybe execs will consider it next spring when they realize prices aren't going to rebound as quickly as they think.

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Post ID: @1XvH+EpoOY2j

Yes

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Post ID: @1Cia+EpoOY2j

He was looking forward to getting a package as so many of the old folks are. I don't understand why they don't provide a voluntary early retirement package. They could save a lot of dollars as the old ones tend be the highest paid. And many of them are sticking around for it - hoping to get one. Seems more humane than letting people go that still want to work.

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Post ID: @1yRZ+EpoOY2j

Are you talking about little bald Bernie?

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Post ID: @bun+EpoOY2j

Sorry to hear this

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Post ID: @kpx+EpoOY2j

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