14 in accounting laid off today plus several demotions.
Earnings Release Prediction Thread
Predictions: We have a buyer for Canada. Everyone part of the layoffs associated with Canada divest to be notified by end of this week. More details on layoffs that will occur later this year. No one cares about our company's earnings. Any other... — read more
No more accounting changes...
...other than the restack. You heard it here first.
In a galaxy not so far away...
The republic has lost faith in our leader Darth Hager trying to bring us to the dark side of the force. Wade Skywalker is no longer Padawan and will follow the likes of Tony Maul. The Republic is losing hope...
:(
A coworker once told me, “give Devon two years and it will s--- the life out of you.” Truer words have not been spoken here.
Have faith in leadership
I think this leadership has proven in the last several months it has a vision for Devon that is leading us in the right direction. Just look at our stock YTD. I know a lot of people want to leave, but honestly, I think that would be a mistake right... — read more
Devon layoffs in May?
I heard that layoffs may happen next week or they will be postponed until May. It’s messed up what ol’ butterfly is doing. Makes a statement about mid April and so far hasn’t followed through. Next week we’ll find out if he sticks to it. Another long... — read more
So the Ides of April have come and gone...
Any chance we will have the Accounting department sorted out by Summer?
CVX Takes Down APC
You think Sandusky would have taken a 40% premium to current share price?
Time to sell
FOR SALE: Formerly great oil company. CEO and COO won't leave until someone buys. Comes with large building that could be used for... could be donated to Oklahoma City as a tax write off.
One Million per month spend on Microsoft?
How does that help our business?
Accounting Employees
How much longer will accounting folks be left hanging. I think the waiting is worse than the actual event. Get this over with!!
AP Bots! Mega-Thread
Will management ever realize what an utter failure the bots have been and how much money we’ve sunk into them with minimal return? Obviously they know this, but it keeps getting pushed harder and harder. It’s past the point of no return. I have an... — read more
Job Market Keeps Slowing
https://www.cnbc.com/2019/04/03/payrolls-up-129000-in-march-way-below-wall-street-expectations.html Get out now. Run and never come back.
Artesia
Wtf?? Revolving door over there
Any word of New Layoffs?
Is it possible that nothing is at least rumored. Kind of strange given that they weren’t shy to announce that layoffs could continue throughout the year. At my office there hasn't been much talk in the las couple of weeks, everything is back to... — read more
housekeeping (DEEP voice)
fills my heart with fear every time I hear that word when I am on the pot
Why are we treated like butterflies? (Opportunities for cost savings)
The janitorial staff come into the bathroom every time I'm in there, multiple times a day. Do we really need them cleaning the bathrooms 5 times a day? Or cleaning up the break room area 5 times a day? Why do we need such nice, expensive paper towels... — read more
Tired
I’m tired of these know nothing VP’s blaming everyone above them and below them for all the problems. They’ve apparently learned from the guy at the top on how to be Teflon. Maybe they believe they can save the ship but they are just sinking it.
The Facts
Let's get the facts straight. 1) Devon is not a good long-term company to spend your career. What once was, is no longer. Those who still tout Devon as being an incredible company are blind. Don't listen to them and focus on doing what is best for... — read more
Numbers
What's the total headcount at Devon now?
Entitled Devon Employees
I have to assume most folks on this site are complete trolls or they are bitter from a sense of entitlement. For context, I've worked in several different companies across different industries and I've been at Devon for a little less than a decade... — read more
Top 100 company to work for?
Do they still keep the trophies out on the reception desk in the rotunda? I remember laughing about those the day I was laid off in 2016. Thinking Devon wont see any more of those anytime soon.
Were there any more layoffs these days?
I know the official announced part of the layoffs has finished, however, I donćt doubt for a second that they will continue unannounced for a longer period of time. So, were any Devon folks laid of these days and ig they were at what locations?
The job market
I heard a lot of opposing opinions on the topic of how strong or weak is the job market right now in our industry. How hard is to land a job at another company? I see a lot of people complaining how hard it is, but i didn't see many of them that... — read more
They keep doing the same thing
I keep wondering why is it that this company keeps believing that laying off experienced employees will solve problems that were created by inadequate upper management? Has this ever worked in the many previous attempts they've tried it? Nope. And... — read more
Jobs Jobs Jobs
For the IT folks there are jobs out here. You might have to move to Texas, but you may prefer to so you don't have to look at the "Big Drill" everyday in OKC. USAA has a big data center in Plano and their main office in San Antonio. I'm actually... — read more
Chief Accounting Officer doesn't want a big event
He would rather everyone comes to work fearing a layoff for a month. Another big win for morale, way to go.
Who is next to get cut?
I can;t be naive to that point to believe that the layoffs won’t continue and that what they announced is just a fraction of the workforce to get cut. I’m certainly curios what departments and what type of workers will they be targeting next.
Can’t believe they are doing this to the employees
My supervisor called me on the phone to come to a conference room. My manager, female HR for my dept, supervisor & security were all seated in the room. My manager read a script about how my position was eliminated, he appreciated my work & was so... — read more
How does getting laid off at Devon look like?
I don’t want to refresh bad memories of the folks that got laid off, or put salt on their wound, but if someone who went through the process could post what do the actual layoffs look like. Is zou manager present or just the person from HR? Do they... — read more
How are you surprised by this?
It's been announced for 3 years they will do these cuts years thru 2020. They are selling Canada and the N TX plays. If you're in these areas you are prime target. But also non degree personnel are also prime target. Why you don't have an exit plan... — read more
Our G&A is about to look hella good!!!!!
Remember, in order to be beautiful butterflies we have to cut the fat! “A group of scientists from Oregon have discovered that butterflies experience a great loss in body fat during metamorphosis.”... — read more
No more Sunday evening Devon dread!
Best I’ve felt about an upcoming Monday in so long. I didn’t realize how much that place drains your spirit and resolve. I feel bad for the ones not laid off, prepare to be over worked and under appreciated. Deuces Devon. ✌🏼
It’s the smart thing to look for other jobs
Devon wasn’t the best employer in the industry as it is, and with the manner in which they performed layoffs they have created so much uncertainty that could possibly never end. I get the people that don’t have a choice, but think the smart thing for... — read more
Who is next to get the ax?
Well you gotta wonder who will they be targeting in the next phase of layoffs. Will they be cutting a little from all of the departments or selectively , specific work positions?
Someone send DH home!
Someone needs to send DH home! He’s worthless to this company!!!
“Throughout the year” is a long time
There is no question that they will cut the workforce to a degree in which it’s barely possible to operate, but couldn’t have they just got it over with in a shorter amount of time or at least announce a more precise number of cuts that need to be... — read more