Topics regarding layoffs at Cenovus Energy

Topics regarding layoffs at Cenovus Energy

Getting our kids to work here? I think not

No parent in their right mind would ever ever tell their kids to go into oil and gas let alone at Cenovus. Non stop layoffs, eight or nine rounds here alone. You have a very warped view because no student would go into school right now with an aim of... — read more 

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| 3134 views | | 7 replies (last January 11, 2021)
Post ID: @OP+18NoJz5t

Do they have a long-term strategy at all?

Voluntary layofffs / packages is the dumbest thing a company could do. Great for those that go voluntarily (usually the smartest and brightest), but what is left are not the smartest or brightest and would not be able to find a job anywhere... — read more 

Really Alex?

So lots of promotions and lots of duplication. We need. SVP of safety, an EVP of safety, and then two VPs of safety, and of course a director safety. Great job Alex. That’s a lean and mean structure for sure. All of that in place of one VP of EH&S... — read more 

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| 3503 views | | 8 replies (last January 7, 2021)
Post ID: @OP+18M2Omxe

Reverse Takeover My Ass

Where's that guy who said this was a reverse takeover, I have a bridge to sell you.

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| 1549 views | | 1 reply (January 17, 2021)
Post ID: @OP+18MC0387

Layoff Suggestion Box:

HR: could you please provide the option to volunteer for a severance package. I will 100% take one if offered. I didn’t get a retention bonus and I’m senior enough and have a certain sought after skill set, so I have options at our peers... — read more 

Upcoming Layoffs

Cenovus is bad. It's bad for your health. So much stress and non stop layoffs. Sick

All approvals in place

https://www.cbc.ca/news/canada/calgary/cenovus-buyout-husky-calgary-oil-petroleum-industry-1.5850688

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| 1443 views | | no replies yet
Post ID: @OP+18xMi64N

Compensation and Benefits at Cenovus

Question from a current Husky employee! Unsure if I will be with the new company in Calgary, but I am curious on the benefits and compensation at Cenovus, since eventually we will have to all be on the same system. Can anyone there provide some... — read more 

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| 4895 views | | 3 replies (last December 23, 2020)
Post ID: @OP+18wMEKKD

Merry Christmas Alex!!!

Thanks for the great holiday gifts. The anxiety, sleeplessness, and job insecurity went great with the side of COVID. Much appreciated!!! I just finished reading to my children the classic tale of Mr Scrooge, especially relevant this year I thought... — read more 

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| 2752 views | | 5 replies (last December 25, 2020)
Post ID: @OP+18wBL9B6

And the award for the most tone deaf SVP goes to..

The great soon to retire SVP and his “Ending 2020 on a high note”. This SVP gets to retire with millions of dollars and a $600k retention bonus while the average employee is laid off (2,000+) into the worst job market ever. But hey at least the... — read more 

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| 3213 views | | 5 replies (last January 13, 2021)
Post ID: @OP+18rOTzK5

Anyone else losing drive?

I find myself having a hard time being positive about any work with these layoffs coming. Every time I see a post I just think, wow Al is smiling and telling us what a great safety job that we all did but we are still going to lay a whole bunch of... — read more 

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| 3069 views | | 7 replies (last December 17, 2020)
Post ID: @OP+18pPWcXJ

No minimum staff at site

Why does cenovus feel it’s above the law? Alberta has mandated that only esential people are to be at the work place and we haven’t reduced any frontline workers on site. We were minimum staffed at the start of this pandemic, but we can’t... — read more 

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| 2105 views | | 3 replies (last December 16, 2020)
Post ID: @OP+18pMjnlw

Now Many Layoff Rounds Now?

I’m trying to remember how many rounds of layoffs this company has been through now since the split from ECA. Including this one I think we are at 5. (Maybe it’s 6). It started in 2014, so I think we are averaging one major round per... — read more 

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| 1933 views | | 3 replies (last December 17, 2020)
Post ID: @OP+18nc8H46

Stop wasting your time

I think there are only 10 guys on here stirring the pot everyday. Just go do your jobs and don’t create drama here. Everyone is stressed and worried, there’s way too much going on and every time one of you post something you’re affecting the mental... — read more 

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| 2403 views | | 5 replies (last December 11, 2020)
Post ID: @OP+18lc5QtA

F it, As an IMO team member I need to vent

I’m not getting a retention bonus so put the pitch forks away. The lists are being made. Female managers are given priority for safety. It seems as if there is an effort to rid the new company of ethnic minorities, the go list is very... — read more 

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| 3345 views | | 9 replies (last December 18, 2020)
Post ID: @OP+18l6FcA2

Retention Bonuses !!

Well, leadership completely lied when they said there were no retention bonus. Many employees out there, probably all those on the IMO get a retention bonus of 6 months and a year. It’s in the IC document. Check out the Husky posting for the... — read more 

Trust Leadership?

So here is a poll. Who here trusts our leadership to do the right thing when it comes to the merging of the two companies? My bet is our mgmt gets beat out by Husky. Their reputation for cutthroat managers is legendary and the corporate culture over... — read more 

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| 1965 views | | 3 replies (last December 4, 2020)
Post ID: @OP+18ejDh6V

Idea

So we complain here and nothing comes off it. The incompetence continues. So how about we use this space productively. If you see interesting job opportunities, put them here so that people can apply!

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| 962 views | | no replies yet
Post ID: @OP+18esiwLb

I’m Leaving when I get my LTI payout

Respect the new leadership and what the company is trying to do with the new portfolio but I’m looking and planning to leave to another role/ industry like many currently are in the company/ finance team after we get our LTI payout. Seems like... — read more 

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| 2406 views | | 4 replies (last December 4, 2020)
Post ID: @OP+18dQwmRM

LKS is the new owner

LKS will be the owner of this new entity before to long. His family will run all decisions in a heartbeat. The name will change and management will shuffle, but this is LKS firm at the end of the day.

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| 1782 views | | 4 replies (last December 2, 2020)
Post ID: @OP+18cneP8S

Who decides these announcement?

The “org” announcement today is the biggest non-announcement ever lol. Who is that for? What value does it even add??????? What a completely useless non-announcement. Like anybody is surprised by or didn’t know where the boxes would be.

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| 1945 views | | 3 replies (last December 1, 2020)
Post ID: @OP+18bFM28I

What a joke

How many assets is CVE buying that aren’t worth anything on paper right now? Refineries are hemorrhaging cash and not making any profit. The Husky Thermal projects are low tier. Husky corporate culture is brutal from what the employees over there... — read more 

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| 2489 views | | 3 replies (last December 2, 2020)
Post ID: @OP+18andApQ

UNIFOR

I’m hearing they are back on both sides... Any truth to this news?? Makes sense given managements disregard to staff well-being and mass layoffs very soon..

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| 1922 views | | 1 reply (November 27, 2020)
Post ID: @OP+18888htQ

Have good holidays folks

Don’t spend money, because layoffs and don’t visit family, because Covid. This can get real really fast and affect your mental health. Take care and take the time to do solitary fun things to take your mind off the big boulder sitting on your chests... — read more 

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| 1844 views | | 2 replies (last November 26, 2020)
Post ID: @OP+187atosI

New organization

So is it really to be assumed that the talent portal is actually going to be used. Are we really going to assume that HR is going to review ~8000 profiles in a few weeks and make a decision on everyone or is that just for legal show?

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| 2117 views | | 5 replies (last November 26, 2020)
Post ID: @OP+187hF2VW

Clean up.

You should probably clean your space at the office, collect pay stubs, etc. as the deal will close sooner than one may expect.

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| 1488 views | | 3 replies (last November 25, 2020)
Post ID: @OP+1863Sxbt

I'm giving new Cenovus 5 years max

Given the management team put in place I give Cenvous an absolute max of 5 years before they have to sell themselves. This is proving to be a combining of inadequacy rather than a synergistic blending of talent.

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| 1973 views | | 3 replies (last November 23, 2020)
Post ID: @OP+183zEmvt

Leadership team announced

Well - here was the first opportunity to lead by example and shrink the size of the CLT. Instead, there are now 11 members, 5 of the former Husky members “have agreed to take on other leadership roles within Cenovus”, and only 2 of the separate... — read more 

What the merger tea leaves are saying

You guys see the IMO list? I laughed at the note that this is not the future org chart. Looks very much like who’s on the future org chart to me!!! DZ and his buddies. The sponsor VPs are all just there to actually make the work happen via their... — read more 

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| 2685 views | | 7 replies (last November 17, 2020)
Post ID: @OP+17OEAf6X

Is it safe to be in the office?

Frankly I am not sure... I think it is airborne though. Canada quietly updates COVID-19 guidelines on risk of airborne spread Canada quietly updates COVID-19 guidelines on risk of airborne spread... The Public Health Agency of Canada (PHAC)... — read more 

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| 1990 views | | 9 replies (last January 28, 2021)
Post ID: @OP+17OezEDc

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