Devon Energy and WPX Energy indicate they are approaching the stage in their merger of deciding which employees will stay and which ones will be a part of the new company.
“—one of the critical next steps is identifying how and when talent decisions will be made and communicated,” stated the two firms in their latest filing with the U.S. Securities Exchange Commission.
Leaders of the two companies say they have created what they call an “integration team” which will make the “important talent decisions.” The decisions will be monitored by HR business partners to ensure they are fair, comprehensive and consider the skills needed for “the team.”
Employees at the two companies are being asked to update information about their skills, work experiences and willingness to relocate.
“Our goal is to communicate to all OKC and Tulsa employees their specific status within 4-8 weeks after closing,” Devon’s David Harris and WPX’s Clay Gaspar in the SEC filing.
Click here for filing with SEC.