Thread regarding Devon Energy Corp. layoffs

Layoffs?

After Weds. news, any word on future layoffs.

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| 3131 views | | 8 replies (last May 15, 2017) | Reply
Post ID: @OP+N74K2E2

8 replies (most recent on top)

I heard they are only laying people off named Will.

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Post ID: @bkob+N74K2E2

What happened wednesday a week ago? Just the story of divestiture. Hey, thats the nature of the business. If i get back in oil and gas it will be midstream. So why this focus on stack and new mexico only?

I thought eagleford was the promised land of milk and honey?

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Post ID: @7vyb+N74K2E2

The paper work is done. Should start any day now. I expect it will be like last time, on a Tuesday. Could even happen tomorrow.

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Post ID: @5msr+N74K2E2

Probably won't be another official layoff, but with past trends and experience, they will continue to trim fat where they see needed. But if less then 10% of the staff it's not considered a "layoff"

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Post ID: @3hvu+N74K2E2

HMmm. . . A profitable quarter was just announced, though.

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Post ID: @3vvn+N74K2E2

It will be a quiet slaying this time. Wish I would have got the first round severance, the 2nd one is never as good. Been through it too many times. Dont make any major purchases this summer!

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Post ID: @2mjw+N74K2E2

1B Divest

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Post ID: @lfg+N74K2E2

What news?

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Post ID: @kst+N74K2E2

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