Devon Energy laying off some Houston employees

Devon Energy said yesterday it is laying off some workers in its Houston-based offshore division as it finalizes the sale of that unit.
The sale is part of the company’s plans — announced in November — to divest all offshore and international assets to focus on exploration in North America.
Devon spokesman Chip Minty declined to say how many workers have been offered severance, Reuters said.

“Some of the workers have gone to acquiring companies and others are being offered severance packages as they leave the company,” Chip Minty, a Devon spokesman, said. “But Devon will continue to operate its southern division in Houston.”

Employees who work in Houston and focus on onshore operations in the southern areas of the U.S. will keep their jobs, Minty said.
Devon had as many as 1,000 workers in Houston in 2008. It began cutting jobs in March when it dropped 11 positions from its Houston offices at 1200 Smith St.

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