The only good move Devon ever made was acquiring Mitchell Energy for the Barnett Shale. Also management... Mitchell discovered horizontal shale drilling and its success in the Barnett, Devon did not, so stop telling people that Devon discovered it... — read more
Managers writing their own tickets
Is it true that middle and upper management get to write, negotiate, and review their severance packages weeks before layoffs? My manager told me he had at least two jam sessions after hours with some of his peers so they could get on the same page... — read more
Any chance we get new management?
So, OK, current management indicates that Devon has identified $5 billion in properties that could be sold. that is about 30% of our wells value wise. Does that really mean the employees are going to continue to be decimated after every divestiture?... — read more
What to do after being laid off
I thought this could be useful to post here today more than any other day. Laid off from work? 8 things to do the week after you're let go... — read more
What got hit?
So far we know accounting got hit hard today. Anything else?
So...
...when is this going to happen?
Today's gonna be fun on no sleep
Well, I tried to get some sleep last night but I failed miserably. As if the stress of waiting to see if I am on the list is not enough, now I'm going to have to go through that on no sleep at all. It'll be a "fun" day, that's for sure. At least I... — read more
News Media
Be careful what you say on social media. I know that there was at least on case from 2016 that Devon when after someone sharing too much info on their package. You just won the Devon lottery so don't complain. The Devon you loved is died years ago... — read more
"Do the right thing"
https://in.reuters.com/article/brief-devon-energy-says-ceo-david-hagers/brief-devon-energy-says-ceo-david-hagers-fy-2017-total-compensation-was-13-4-million-versus-8-8-mln-in-fy-2016-sec-filing-idINFWN1S20PT
Fasslers
Real story is when does fasslers open
Remaining management in the new org structure?
For those in the know, how will the hundreds of supervisors and managers fit in the small number of projects remaining? This is a real problem that I thought executives would have gotten right in today’s management reduction. But as we witnessed... — read more
cuts were weak
Prediction: exodus of productive employeees who do not get a package this time around Once a few leave, it will snowball. Faith in managment is lost. Same thing happened at a few other peer companies last year. Once it starts, it is difficult to... — read more
Management still intact?
Doesn't look like much was done.
Workforce Email Just In
check your emails.
Severance
Do we finally know what the full package looks like?
RTO
How did RTO and their 5 managers fair?
Prelude
Buckle up folks, it has definitely started. Today it's managers, tomorrow is the main dish - everybody else. I'm personally really happy it's finally happening, the whole waiting game was worse than the actual layoffs. I'm now at a point where I'm... — read more
Started
Several managers cut this morning. So it has started. Tomorrow will be staff.
Next week
There was no email, there isn't a chance layoffs are going to start today. I'm willing to bet good money on it. Go to work and relax. Save your health. You can start stressing out when it really starts happening (I know I will) which will most likely... — read more
Tough Day ahead for many!
Warm regards today. Be safe and stay positive.
Juicy stories
Any good stories from the tower that need to be told before you're gone?
Who would you most like to see gone?
No names, just positions.
So...tomorrow?
Are we moving the predictions to tomorrow (Thursday and Friday are really not that likely,) or is it going to be the following week after all?
It will get better
Life after Devon does exist. After being with Devon for almost 15 years I could no longer watch the current leadership take this great company that Larry Nichols built and reduce it to a laughing stock any longer. I left and it was the best choice I... — read more
Nothing happening, again!
It looks like today is not the day after all. Everything is quiet, we'd probably know if today was it by now. I'm not sure how many more of these false alarms I can take. This is starting to affect my health. I am starting to hate this management and... — read more
layoff rumors?
You guys hear anything about layoffs? I think it might really be happening this time.
Always do the right thing
The most important of our values, integrity, defines the core of every relationship we have. Whether inside the company or outside the company, integrity establishes the trust that is critical to the relationships that make our values work. Embracing... — read more
Are you sure it's today?
Husband just left for work and I couldn't tell who was more nervous, him or me. He seems convinced today is the day even if he couldn't tell me why he was so certain. Judging by posts here he might have been right but I still can't see why people are... — read more
Ready or Not
My stuff is boxed up and I've take most of it home. I'm hoping I won the Devon Lottery. Good luck to those left behind I can't say if you]re lucky or have the worst of luck.
No remorse
Come what may this week, I feel blessed to have worked at Devon. I enjoy the people I work with and the management team has always been more than fair to me. Oh, I didn't like every person or every decision, but what's new? On the whole, I'm proud to... — read more
D-Day, but your not Tom Hanks and this isn’t Normandy
As you read this, HR is busy prepping paperwork to explain your severance benefits to you. The decisions are made and your life journey will soon veer left. As the person sits in front of you talking, you won’t hear $hit. Your pulse will increase... — read more
Wyoming
Looks like Wednesday or Thursday we get a fly in visit from OKC gulp.
When’s it going to happen?
Still waiting, no email yet and no specific date. Anyone know any dates of when this is going down?
Contract workers vs. Employees
Anyone know if the contract workers are worked into the 300? Or are they considered a separate entity because we dont pay the benefits or employment taxes amd such?
Where to after layoff?
The entire industry is in shambles. Just look at the pages of other companies on this board. People have the exact same problems as we do at Devon. So my question is, where do we go from here if we are among the 300 who are slated to be laid off?... — read more
Union
Why doesn’t the oil&gas industry have a union that represents the workers? I’m younger so I’m not aware if this was attempted at some point before my time.
There is life after
The Devon you loved will be gone the day you are given your walking papers. It wont be Devon you miss but all the smart people. There is something special about working with them you may never find again.
Energy Walkout
The worst part of 300 people laid off is there go the only salaries in the state large enough to pay for teacher raises...dooh! Maybe the Oklahoma Educators Association will call a walkout on your behalf...
I'll leave this here.
https://i.pinimg.com/originals/35/44/9e/35449e339b33583382f89065bb699d40.gif