Devon will layoff 200
4 replies (most recent on top)
Cut WH and everyone underneath except TL's group and you can get to your 90MM reduction in one swoop.
Regarding
Btw the exec's want attrition. They have literally said it and are encouraging it. Gonna be a fun ride. I can hang on for 2yrs to get a fat package and a lot of people are. Boy is it gonna s---. With them wanting attrition its gonna set up a diseased work force here. New Devon is going to fail in a horrible way. Pretty sad.
You have no idea the game playing that goes on because of this. Not worth waiting 2 years let me tell ya
Trolly Troll...you obviously dont work here or else you would know there have been, and will be, layoffs every week until March 15th. Last week Geo and RE, this week Comp+Prod+Drill+Land+IT, next week dont know dont care.
It's fun when they drag it out. Its great for morale.
Btw the exec's want attrition. They have literally said it and are encouraging it. Gonna be a fun ride. I can hang on for 2yrs to get a fat package and a lot of people are. Boy is it gonna s---. With them wanting attrition its gonna set up a diseased work force here. New Devon is going to fail in a horrible way. Pretty sad.
They announced 90 million reduction in non divestiture related G&A. It surely is going to be more than 200 employees. Can’t imagine an average employee cost of 450,000.