Seems like next week won't be the optimal time for them to do it with 4th quarter earnings 2/16. You think they'd want to announce a number in the shareholder conference call.

Seems logical that they would have the majority done by earnings release on 2/16 so they can announce a number to shareholders. If true, that would most likely mean next week...

How many times was rental equipment charged to a well when it wasn't even being used? How many VPs, managers, supervisors, and engineers had their head up their a$$ while this was going on? (You know who you are.) How many Devon employees in the... — read more 

Saw a lot more closed doors today. I have a feeling it could go down tomorrow.

How's everything up north of the border? All the fly in fly outs cant be worth the $ is it?

Devon has been raped and pillaged by contractors over the last few years. It is now obvious the company was paying higher prices for the same services other companies were receiving for much less. Some Devon people were likely complicit in this. I... — read more 

Here is the thread: @FLYOz8G

Yesterday, management let go of one of the BEST employees in our field office. Honest and loyal to his core. They let him go for transferring personal data off of his computer. Not only did HR fire him over the phone instead of manning up and coming... — read more 

All these reports that unemployment is way down is not true, the peoples unemployment benefits just ran out and most still can't find job. I know, I'm one of them!! After you reach a certain age you are up the creek without a paddle, no one wants to... — read more 

people coming and going throughout the day. serious conversations going on in there. some managers come and go, stopping to talk to their boss, or old co-worker. some are holding paperwork and talking about something with an angry look.

A few short years ago "peak oil" was inevitable and somewhere just over the horizon.. The whole world was feared to descend into chaos and war as the world's supply could no longer meet the demand.. Economies would grind to halts.. Fruits would rot... — read more 

https://image-store.slidesharecdn.com/46effb12-d0ef-4bf9-823a-d12584bd317e-large.jpeg

Enjoy the milk as long as the cow is alive, because she will be gone a long time when she goes. For the wise, contact a helpful doctor ASAP and go on disability. It might buy you a year or more.

Where it belongs! I hope it stays. Hahahahaha

is this true?

I tried to log in and check my Tuesday meeting schedule earlier and couldn't connect.

Yep

It is happening to every oil company. Devon will be laying off 53% of its workforce in Oklahoma City. I'm not sure how many people that will translate to, but the number i heard was 2300. They have to make a transition plan of some kind. Look for the... — read more 

Here is the main thread for them, it'll be bloody over there (The Woodlands, TX and other locations: &anadarko-petroleum

Devon had been running a slack operation for many years and the the sudden drop in prices only expedited its day of reckoning. Devon will forever serve as an example of what not to do when commodity prices are high. Priority was given to things other... — read more 

Any word on dates? Can managers man up and tell us all?

It's a 50/50 split. I out-work 50% of the older professionals in my position. A hard worker is a hard worker. The same badass experienced professionals, were badass young professionals. So just accept that there will be both young and old lost and... — read more 

The young professionals who have spent their entire career at Devon are going to be in for a rude awakening. I'm talking about those that interned at Devon and accepted their first job at Devon during the boom years. You are part of the reason why... — read more 

Seeing DVN sell legacy assets like Midland and East Texas at such depressed commodity prices is more of a tragedy than laying off the fat in OKC.

WTF With all the black SUV'S in the parking lots this morning.

eep reading for a list of 10 layoff movies from the past three decades. Office Space (1999): The movie that brought “flair” and “a case of the Mondays” into the American vernacular takes a decidedly contemptuous view of modern office culture. A group... — read more 

With an increased number of Devon employee's going on the list the upper snuff are trying find ways to transition the work. The good news I heard is Ben Williams will be out. This is making me very happy. There will not be an IT department anymore... — read more 

Step 1: Say that the layoffs are going to happen TODAY every day. Step 2: Layoffs eventually happen. Step 3: Success! Say I told you so and injure arm while you pat yourself on the back.

Hager 99,028 shares $2.653MM Vaughn 37,720 shares $1.01MM Taylor 44,152 shares $1.183MM Rudolph 34,560 shares $926K Richels 143,648 shares $3.848MM Mitchell 17,920 shares $480K Marcum 34,560 shares $926K Humphers 2908 shares $78K I'm sure these are... — read more 

Hager 99028 shares $2.653MM Vaughn 37720 shares $1.01MM Taylor 44,152 shares $1.183MM Rudolph 34560 shares $926K Richels 143648 shares $3.848MM Mitchell 17920 shares $480K Marcum 34560 shares $926K I'm sure these are in line with all of the rewards... — read more 

Oil soared on Thursday after a Russian official said Saudi Arabia had proposed that oil-producing countries cut output by up to 5 percent each amid a massive supply glut in the world market that has depressed prices for a year and a half. The... — read more 

Just walked by nebu and there were a lot of HR people in there. It looks like they are installing self check outs.

Every 100-200k saves 1-2 jobs. Getting rid of perks, software, tools. Anything that is not a necessity. Jobs last resort after all other means.