Thread regarding Devon Energy Corp. layoffs

I’m on this site because Accounting management has been silent since Dave’s big announcement. And now they are posting Accounting job openings externally! I guess that’s one way of getting people to leave on their own.

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I don't think anyone is disagreeing with the fact that upper mgmt isn't really liked and owns the majority of the fault. The point is, if you're just commenting on here with complaints and still at Devon, that's your own fault. Why don't you leave? Clearly some of us are grateful and happy with our jobs, you should be too. If you aren't, find somewhere where you are. Don't stir the pot and make everyone else around you miserable. Want to improve the culture? Get rid of toxic employees who do nothing but badmouth decision-makers all day thinking they are all knowing.

I concur with the difference in how management and leads turned, to save their own asses and not taking responsibility for themselves instead of pushing it along downhill. When you have people who tell you the train wreck is happening and you ignore it, but get rid off staff who are telling you. That’s an issue. Btw. Was there 8 years

So you are saying the stock buyback fiasco isn't money that could have been better spent elsewhere? I think you are missing what the employee grumbling is really about. It doesn't come from a sense of entitlement, it comes from watching a once proud company being driven into the ground by a group of half wits, more intent on buying back stock than reinvesting in the business to make it stronger. Hopefully the next round of reorganization, either later this year or next, will see the exit of the real villains behind this clustwrf**k, the CEO, CFO and Chief Accounting Officer.

Is this the new PR bot I've been hearing about?

Close, my argument is to stop acting like you are starving in China when all you got was an over cooked steak

To OP:

Your argument is equivalent to saying that because people are starving in China, I'm not allowed to complain that my steak is overcooked.

Well, my steak is overcooked. Also, f**k China.

The hand of the investors? You mean to increase profits as much as possible? Was that supposed to be a secret?

Being grateful to work in such an easy, well paying job doesn’t make you a shill. Devon owes me nothing except payment for the last two weeks I worked for them. If one of us decides to end that relationship, so be it.

No reason to get butt hurt. Assuming some of you complainers are still working at Devon, you’re proving my point. If it’s that bad, leave. If you can’t handle the fact that you might get laid off to increase the bottom line, leave. I work with some awesome people that I don’t want to leave but if they do, I’m sure we’ll get another awesome team member who doesn’t have this magic fantasy land perception of life beyond Devon.

Keep talking shill. When you have a $1 billion stock buybacks and layoffs in the same year, it's easy to see the hand of activist investors.

When Devon starting listening to the consultants and allowed them to steer the company from

Oil and gas to that of an automotive assembly line, is the day Devon lost its way. Bringing in knife hand ninjas and project managers with their foolish ideas moved the company to a state of paralysis.

You can be upset with upper leadership and still not act like you work in a sweatshop with weekly beatings......Devon's big mistake was treating people too well when times were good, stupidly doling out promotions, raises, and perks irresponsibly and then when it hit the fan leadership had to nut up and make cuts. No one wanted to do that, it's not fun for anybody. But the fact is that we have continually done more with less so clearly there was some room for necessary cuts.

The way Devon treated employees when times were good, was obviously very different when times were not so good.

When times were good... keep up the good work, you want a training class? You got it.

When times are bad... you're costing us too much money, what value are you adding? Nitpicking, finger pointing, defensive work environment and so on.

It's the inconsistent way Devon treated employees, changing the rules in the middle of the game, moving the goal posts and more, is what has a lot of us upset.