Somebody mentioned that Husky could avoid laying people off by instituting a pay cut across the board, and it got me wondering if that's something people might prefer to layoffs? I know there are those who consider themselves safe, but I honestly... — read more 

Am I the only one who thinks corporate layoffs are coming next week? I haven't heard anything concrete, but it's a lot of small thing that seem to be coming together to indicate it. Personally, the sooner they get it over with, the better. I... — read more 

From what I understand, some folks have already been notified about their layoff. I'm curious if this is a part of the 300 that are supposed to be cut in the following weeks or if this is something separate? Is there anybody who knows more about what... — read more 

Quieter around the office this week with less approval meetings. Seems to be that something will happen soon. One big layoff day for the whole company, too many people to dismiss using the usual disappear a few each week. Hope to see a few VPs go as... — read more 

Just heard from someone whom I may not name, 300 full time staff would lose their jobs on October 6, or October 20, 2020. Packages are all made and HR is fully ready at this point.

Just heard the rumour ? Has anyone seen it in his/her team ?

Layoffs, suspension, mothball, sale of business unit? I am told moral is low and tense waiting for the shoe to drop. Their debt is rising and needs to get under control.

Now that most of us in the Calgary HO are back in the office, there is talk that the primary reason we are all back–and why Husky was so eager to have us back–is to prepare for another round of layoffs next month. Word is that folks from Hutchison... — read more 

Many of our peers are staying at home with the ongoing covid crisis - while we all have to go back to the office!!. Leadership just doesn't trust our value what we do. Investors beware!!!. This is a very very very poorly run company and expect... — read more 

We should not see any large job cuts or freezes. The federal government will need to step up to the plate and help the oil and gas industry in Alberta. Alberta is the engine that powers “literally” the rest of the country. I believe we will see... — read more 

Husky are laying off another 10% of employees/contractors. They are not renewing contractors contracts this year. In the last week alone I have seen 4 people leave the office with all of their belongings. Many more cuts to come over the next... — read more 

Seems most companies have had salary/benefit cuts; contractors terminated; layoffs - temporary and permanent. What are we doing?

What's next

Well, not a great start to 2020 for Husky. Company is looking to cut ~$1B in 2020 spend following the oil market collapse today. Planned to spend ~$3B in 2020, so this is significant and I am guessing we will see another round of layoffs. Good luck... — read more 

Not surprising me that most of the Oil & Gas Companies failing in Calgary, Alberta. All due to bad bad bad management. Management spent millions to resource IT, then decided to bring it in house costed tens of millions more in a short time... — read more 

Any chance we'll get blindsided like this again any time soon?

Their president Rob Peabody has destroyed the Company. Ruthlessly throwing people into the streets. While under his watch the company spewed millions of barrels of oil into a Saskatchewan river, Spilled oil offshore NFLD, was sanctioned for not... — read more 

That's what I am hearing. They are not disclosing numbers but internally I am hearing that over 400 people got the axe. Not sure if this is true but it surely feels like several hundred, this is a big round of cuts and no matter what they do they... — read more 

Here is the coverage by The 660 so far: Hundreds of layoffs at Husky https://www.660citynews.com/2019/10/22/hundreds-of-layoffs-at-husky-reports/ The full statement from Kim Guttormson with Husky Energy is as follows: Today we did have to... — read more 

what a horrible way to treat their loyal employees... this could have been handled so much better...

Any ideas on how many total are being shown the door? And has everybody been notified and/or scheduled for a meeting or are notifications still going out? I'm personally hoping they get it over with today. I've been stressing more than enough... — read more 

Big Layoffs coming on Tuesday. Good luck everyone.

this low commodity environment worries me a lot. Every day I come to work, I do my best. I see the stock going down, why?

is this now costing more than it has saved?

Is this ever going to stop?