More cuts are coming in February and probably for a year after plus salaries at MEG were higher. Seems like one of you guys should call Unifor? Even if they do fire you then you can negotiate a better package for retaliation. Just can't talk about it... — read more
Layoffs Updates Today
Hi, any word on today’s layoffs? I am on vacay this week, but kinda stressing. Anyone got updates? I heard it's not going to be pretty at all.
What's the layoff criteria?
I've heard this is not performance based, so what is it? How do they decide who to cut? Also, I hate that we have to wait until December to know if we still have a job or not. I don't get why they have to let us wait that long.
It has begun
I heard a rumor the layoffs have begun. I hope it's not true. If it is true, I'm very sorry to those affected. It's astounding they (Cenovus/Meg) were planning this in advanced, and couldn't at least have the decency to wait until after Christmas... — read more
“MEG’s ‘Improved Offer’ — a Dereliction of Fiduciary Duty”
The real issue isn’t whether the Vawn assets are “material” to Cenovus — it’s whether the special compensation or arrangements Strathcona received from Cenovus are material to other MEG shareholders. That’s the question investors deserve... — read more
Acquisition
I am really worried about what joining Cenovus means for our jobs. Will there be layoffs or restructuring? The uncertainty is stressful.
MEG Energy had layoffs during the oil & gas downturn, but now it's ok
Husky will turn things around I am sure. Good luck to all...