With a decent severance to bridge me over, I’d take it. I’ve had enough of this company. After some time here you eventually hit a wall without even realizing it, and there’s no real path forward after that. The job market isn’t great right now, but staying here doesn’t feel like much of a boon anymore. Whatever the rumors turn out to be, I truly hope those who need the job get to keep it. But for me, walking away and leaving this place in the rearview would be a relief.
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@rp Go read labor law before you said so……IOL basically has to give you the same notice period (3 to 4 weeks for each year of services). And you think XOM or IOL will let you stay on that long to do any damage or to steal information for that long…..use common sense.
Go ask someone who got the experience back in 2021.
Gah I felt that exact way since 2020 Canada study! I stayed on and was miserable!
I’m with you.
The reality is Canada is not a growth market for O&G, there are no big projects in the books to grow earnings. We’ve stopped R&D so IOL isn’t going to be making new products or tech any time soon. The only way for Imperial to keep up ever-increasing dividends is to keep slashing OPEX.
Just left my job at IOL after 6 years. Rumors are running rampant across the company. People are talking about sales of assets, layoffs, closure of Calgary office, and many many more. What we do know is... a lot of NDA's are being signed. VP's are attending private meetings at the Houston office. Trust me, we know nothing. Whatever the announcement is, it is going to be big.
There have been a lot of changes in the 6 years I was there, and most not for the better of the employee. Benefits are being slashed for January 2026, causing large amounts of retirements. Budgets for things like Christmas parties has been slashed from $150 a head to $60, then back up to $90. Per diem for travel was just slashed to $50 a day. Penny pinching, penny pinching, penny pinching. Though Mr. Brad Corson total compensation increased $12.8 million dollars in the 4 years he was with the company. My raise last year was $0.14/hr. As always, sh*t rolls downhill.
Not if they give you working notice ..
@gn This is true and not true. In the end, everyone will find a place that suit them. Just the process is a bit painful. The pain comes facing the reality and true self.
@gf Anyone career employee who declined the relocation with the head office move from Toronto to Calgary and was separated from the company was given severance. Same with other groups like ESC if people declined a relocation and were separated from the company. They can move you around to other similar roles locally, but if they say you need to relocate to Edmonton, you'd get severance if you decline the relocation and get separated from the company because they don't have a job for you left in Calgary.
@gn Such as?
The sad irony is that there are many in corporate departments who have been promoted way in excess of their capabilities and competency. These individuals, with fancy titles, have been priced out of the market and woth limited competitive skills have no other place to go. Unfortunately, many of these corporate jobs can be ported and performed overseas at a fraction of what it currently costs the company.
@fz That’s not what happened when they moved ESC engineers and forced them to be “co-located” at sites, or when they moved the HQ from Toronto to Calgary.
I get the feeling there's a lot of people who would happily take a package to leave Imperial these days. Don't expect any voluntary buyouts, though. Pretty much any downsizing at IOL/EM, the company picks who goes.
No one can force you to move. That is called constructive dismissal and they would owe you severance if you choose not to move.
Except they’ll probably do something sinister like they did for Sarnia research - stay until the bitter end and train your foreign replacement in order to get severance 3 yrs from now, or if you leave early for another job opportunity you forfeit any payout.
Or alternatively like they’ve done for other downsizing in this company- we’re relocating the office to a new location. Your job is now in XYZ-location, either uproot your family and move there or quit. But if you quit, no severance.