Topics regarding layoffs at Devon Energy Corp.

Topics regarding layoffs at Devon Energy Corp.

It's happening.

Just got a mandatory meeting request from HR, and so did others on my floor. It was nice knowing you.

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| 760 views | | 9 replies (last September 15, 2015)
Post ID: @OP+Du2Ozpu

Severance

I was laid off this year from Devon, and for being there a pretty short period, I was given 3 months of severance, plus bonuses, and they vested all my stock. Honestly easy enough to get by a year on. So don't worry, getting laid off could be... — read more 

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| 730 views | | 7 replies (last September 15, 2015)
Post ID: @OP+DoUMDOs

some knowledge about layoffs required...

I guess most story tellers here never been managers or involved in layoffs, I have been there twice as a manager and as an employee, so here it is; It's not that easy guys! Most seperation papers include a clause where you cannot get re-hired if you... — read more 

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| 700 views | | 7 replies (last September 12, 2015)
Post ID: @OP+DnYVhGq

OMG OMG OMG

Did that even feel like a 3 day break? Went by so fast it's mind bottling. I mean it's not rocket appliances or anything but it just blue by.

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| 940 views | | 6 replies (last September 9, 2015)
Post ID: @OP+DnTB6VH

Omg stop cleaning bathrooms after lunch

Why does the cleaning staff always have to clean the bathrooms after lunch? Im going to have a butt explosion after that Coney Dog........eek gads...hurry the f up!

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| 553 views | | 1 reply (September 9, 2015)
Post ID: @OP+DnAEgyp

This is Devon Management

Just messing with you about the 8th to scare your assess in to working harder!!!! Muhahaha muhahaha!!

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| 630 views | | 1 reply (September 8, 2015)
Post ID: @OP+DnatgOt

Pot Stirring

Chk people are just spreading rumors here about Devon bc they have worn their page into the ground with a bunch of BS...plus it's not like they have any work to do. This site is full of garbage until layoffs actually happen. Best to believe it when... — read more 

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| 620 views | | 3 replies (last September 9, 2015)
Post ID: @OP+DnSbaqE

Tuesday will be tough day at work.

Tuesday will be tough day at work. It's not by choice, but economics. The stock price is under forty and dropping. I saw gasoline at the pump for $1.79. It's going to a rough couple of years in the Oil Industry. Devon as we know it today will not be... — read more 

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| 780 views | | 2 replies (last September 8, 2015)
Post ID: @OP+DmQGgqW

Cheer up Devon employees

Those still at Devon, cheer up. I was laid off from IT in April. Was very pissed. But after 4 months of receiving a biweekly paycheck as part of Severance (your mileage may vary), I am calm and happy to have been saved the stress of "when am I going... — read more 

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| 680 views | | 2 replies (last September 8, 2015)
Post ID: @OP+Dj0ydJb

9/8

Why do we feel the 8th?

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| 572 views | | 3 replies (last September 4, 2015)
Post ID: @OP+DihMFSB

Meetings

Lots of upper managers and VPs from G&G meeting today.... Prepping for Tuesday?

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| 520 views | | 4 replies (last September 4, 2015)
Post ID: @OP+DiVd1zm

Start with land and then just keep moving

John Raines and all his early 30's suck ups, then move to all the other departments and due the same. This company's heyday ended with John Nichols. Used to be a good company now it's a joke. Sure glad we got that building though

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| 1520 views | | 6 replies (last September 16, 2015)
Post ID: @OP+Di1CWWX

Someone with real information please answer these questions AND indicate if you have a reliable source or if it is an educated guess

What groups are to be part of the 9/8 layoff? Please indicate the respective percentages of these groups. Why hasn't there been any communication out about it similar to what COP released? Will the process be similar to the IT layoffs that took place... — read more 

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| 920 views | | 16 replies (last September 3, 2015)
Post ID: @OP+Dgp4NSK

Enjoy the holiday

Enjoy the holiday - Changes coming on 9/8 to drive the cashflow and drive up the stock price. Could be significant layoffs and restructuring.

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| 640 views | | 8 replies (last September 4, 2015)
Post ID: @OP+DgHT7ns

HUGE layoffs await and contractor cuts

When Devon Stock breaks below 35 Devon will be a ghost town. HUGE layoffs await and contractor cuts and I MEAN HUGE!!!! Projects put on hold and drilling stopped. It will be come a matter of survival. Then the question has to be asked will Devon be... — read more 

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| 880 views | | 3 replies (last August 29, 2015)
Post ID: @OP+Dc3uPyj

Anyone with reliable info

Does anyone have any reliable news as to IF layoffs will happen? Also, what areas will be downsized? IT, engineers, geologist, drilling, HSE, admin services, land? Also, will it be confined to the main office or will the assets be hit as well. The... — read more 

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| 570 views | | 4 replies (last August 27, 2015)
Post ID: @OP+Da83sno

Devon stock to break 35. LOOK for big NEW!

When Devon Stock breaks below 35 Devon will be a ghost town. HUGE layoffs await and contractor cuts and I MEAN HUGE!!!! Projects put on hold and drilling stopped. It will be come a matter of survival. Then the question has to be asked will Devon be... — read more 

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| 760 views | | 10 replies (last August 28, 2015)
Post ID: @OP+DafkGLf

Anyone else feeling the pressure?

Still at Devon, not sure for how much longer. Oil down to $37s today. Alot of people still seem to be in denial & think they're safe forever. Am I the only one feeling like the axe is about to fall?

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| 570 views | | 2 replies (last August 25, 2015)
Post ID: @OP+D9PKMBv

Energy Jobs/Company Spending Is the New Housing Bubble

Let's face it, overspending, over investing, over hedging and over hiring was rampant over the past few years with the oil speculation bubble that has been around starting at the $100/barrell price fixing a few years ago. That bubble has finally... — read more 

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| 710 views | | 5 replies (last August 28, 2015)
Post ID: @OP+D3YgsAR

previous employee

The layoffs have already started in Canada, several people have been let go today or given 2 weeks notice if you are a contractor.

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| 580 views | | 3 replies (last August 22, 2015)
Post ID: @OP+D2p37PO

Cuts postponed until after Labor Day

The Devon Layoffs will be delayed until after Labor Day. Another 10% in IT and Land departments. In total about 80 people in Calgary and OKC.

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| 690 views | | 8 replies (last August 18, 2015)
Post ID: @OP+D0QWInw

WARN ACT

What about the WARN Act? Isn't it supposed to help the employees in knowing when massive layoffs are going to happen?

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| 741 views | | 3 replies (last August 17, 2015)
Post ID: @OP+CV4nswf

Depressing environment

It is hard to work everyday here not knowing when the hammer will come and BAM no more job. Feeling sad and depressed

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| 740 views | | 8 replies (last August 13, 2015)
Post ID: @OP+CUwtnuC

Statement Missing

Did you ever stop and think that it's all just rumors? Most companies will issue some sort of statement when they lay off a massive amount of people. For example, Exxon, Shell, Baker Hughes, Marathon, and National Oil well all let there employees... — read more 

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| 850 views | | 7 replies (last September 2, 2015)
Post ID: @OP+CSI9o49

A snake like approach

Layoff employees without telling them in advance, is what snake would do, not a company like Devon Energy that touts its integrity and upstanding in the community.

Ben and Lane

You didn't have to work hard to let a handful of us go. Oil prices go up and down. Peoples lives are more important. Did the how many ever IT people you let go impact Devons bottom line? I hope Karma doesn't find you. You have not only hurt an... — read more 

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| 2370 views | | 4 replies (last September 2, 2015)
Post ID: @OP+BogDEUK

Devon logic

"I have mismanaged, therefore you must go. " - Ben Williams

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| 614 views | | 1 reply (August 23, 2015)
Post ID: @OP+BlOE2BZ

Being laid off is tougher than anticipated...

Even with the 'dignity' that Devon laid me off from my IT role, it feels terrible. It is not as terrible as losing a loved one, and my health is intact, but it is its own beast. Other than being prepared for a layoff financially, there is no way I... — read more 

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| 1843 views | | 4 replies (last July 24, 2015)
Post ID: @OP+BjXn3TK

If you were CIO...

In retrospect, It's easy for everyone to give their opinions anonymously. But if you were in charge how would you have handled things differently?

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| 960 views | | 4 replies (last May 1, 2015)
Post ID: @OP+BgbZbVl

Accenture for back office work, Devon for business facing work

If your work requires managing IT server infrastructure, databases, SAP, server administration, etc., Accenture has ready to place consultants that are less G&A than full time employees. Business facing IT support and projects are more probably going... — read more 

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| 822 views | | no replies yet
Post ID: @OP+Bf9aI1P

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