Has anyone else been future fired? At least one of us will be shown the door in October.

How much of the Devon staff is kept from Past acquisitions? WPX for starters….

How long do yall think before anadarko and Marcellus basins both get sold after the merger? Kimmeridge and Toms Capital are both very vocal on Devon leaving these assets behind, and Kimmeridge was supposedly a big factor on forcing Coterra into... — read more 

I wonder how long this will last. I’m guessing two years to avoid severance pay. Having accounting folks in Houston seems like they had no choice because they were totally against it originally. Thoughts????? Hopefully the new mgmt is better... — read more 

Is there any news about layoffs I should know about?

Word is those that get a package have to sign an NDA, any insights on this.

This week we find out our fate in Houston? Let us all know.

The Wall Street Journal evaluates how leading US corps stack up in 6 areas: AI readiness, innovation, talent readiness, financial fitness, resilience and agility. Devon Energy ranks #264 overall with an Overall Score of 49.0, placing it 11th out of... — read more 

Seems like fewer folks than originally thought actually want to move to OKC. It will be 50/50 Permian staff in OKC and Midland. Seems like they are favoring continuity over cutting folks.

Ahhh, gotta love the glorious anticipation that we are all subjected to while expected to ignore it and keep working. Not the first one of these I’ve been through here, but the angst is palpable. Wish we had a date to prepare for.

So it begins! 35% - 40% reduction in force is what’s been being whispered in the halls.

Prepare for the meeting invites.

This is what is being repeated in the tower. How accurate is that?

Any news on the June 18th announcement? Does anyone have any more info on how big the layoffs are or how long they expect people to stick around and "transition"?

First Marcellus, then what?

What, exactly, did they pay a consultant millions of dollars for? Let the incompetence continue

Costs are on the rise and there is plenty of work in West Texas. What will Devon do to retain their talent? News of Houston and OKC retention bonuses will only further ruin field morale.

Layoffs can't happen now because we need retain employees to develop all this new acreage we got today!

Well well well looks like Devon bit off more than they could chew. 1 year salaries being offered to select groups in Houston to stay on in the Houston office because OKC can’t absorb it.

For the Devon side - this one should sound familiar. “Many managers actively avoid confrontation or honest feedback because it requires emotional maturity. Rather than doing the job they are paid for, these individuals let problems fester until they... — read more 

$1B is a shitload of "synergies." I've heard ~$300M of that will be G&A cuts (sic, layoffs). Doing some back of the envelope math, $300M divided by an average total comp burden of like $150-200k works out to like 1,500-2,000 jobs. He-l, even if it's... — read more 

There are no jobs, economy is going under, the entire world is in a crisis... How is that a good time to lose your job?

Let’s get the severance going as fast as the business combination. KthxBye

Despite moving hq to Houston will CG be courtside during playoffs? Commitment runs deep!

If you're getting transferred, laid off or have proof other people are, please reach out: rachel.nostrant@houstonchronicle.com I'm the oil and gas reporter, trying to keep an eye on how many people might be affected.

Rumors here in the tower is that the layoffs have begun. Seen couple folks packing up and being escorted out by security.

Let the circus begin. The Coterra name was removed already so priorities are clear

Here we go! Time to start trimming the fat. Hang on, because the ride is about to get interesting!

Coming in hard with that little d. Who doesn’t capitalize their own name. Hope y’all are ready to come join us in H Town.

I heard from reputable source, that although marketing VP GH is stationed in OKC… marketing jobs are expected to relocate to Houston office for better commercial exposure. Sorry for the facts, just want to keep people in the know so there’s no... — read more 

What’s the over/under on Kimmeridge getting all their demands? Seem to have a good track record with influencing other institutional investors

THE RULES: (1) Post 1 piece of trash talk about the "other" company. (2) Post 1 piece of trash talk about your own company. That's it.

Seeing updates about the technology the company will be using, but nothing about when people will receive updates about jobs or locations. Isn’t closing in 2 weeks? The communication on this from leadership is completely lacking.

Will Dvn keep this. Ctra didn’t want to give it to most employees

Someone said recently that anyone working Permian assets will have to move to Midland and all of the other Basins will be run out of OKC. Is this true?

Anyone very interested in the severance?

Anyone have anything new?

Today’s updates for ctra lol.

Clay was only worried about numero uno. He got the CEO and literally gave up everything else. Once the deal is done, expect him to check out and not make any tough decisions while letting the new exec team of 5 Coterra people and 3 Devon people... — read more