Pros
The management is committed to treating employees with respect and dignity. The Executive Committee has made an extraordinary effort to be honest and transparent. The pay and benefits have always been among the best in the industry. Devon will use discretion in hiring during the downturn. The company will continue to hire critical positions to support operational needs and be prepared for increased production after oil prices recover. If you have the right skills, experience, and educational background, there is a place for you at Devon!
Cons
The current downturn in oil prices has taken a heavy toll on oil companies. There is uncertainty when the market will recover. The company has made difficult cuts in staffing and reducing operating expenses to help survive. The layoffs were done with compassion, and it was still a very painful process.