Thread regarding Cenovus Energy layoffs

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, a good start to $600M in savings. I’m sure all those promotions to VP and Directors were all revenue neutral right???

So once again it’s the workers that take it for the team.

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| 3512 views | | 8 replies (last January 7, 2021) | Reply
Post ID: @OP+18M2Omxe

8 replies (most recent on top)

And they just showed a video of another husky building going poof up in smoke. Nice purchase Alex.

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Post ID: @1aug+18M2Omxe

Husky assets like to go boom. its needed

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Post ID: @1lok+18M2Omxe

Uuhhh have you not seen husky’s safety record? THAT’s why it’s so heavy on the safety side.

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Post ID: @1jaj+18M2Omxe

Big Al looks full.

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Post ID: @1nef+18M2Omxe

hmm... well assuming both companies had approx the same number of execs, wouldn't a 25% drop in the combined count still mean there are 50% more execs?

say 20 execs per company = 40 total

then 0.75 (20 + 20) = 30 which is still more than either company alone. no great savings there

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Post ID: @1iou+18M2Omxe

Does the 25% cut include all the SVP promotions?

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Post ID: @quy+18M2Omxe

It seems the rich people keeps on getting richer. Justice and fairness sometimes to me are just words. So in light on what's happening all around us (our home, workplace, city, province and the world), I'm sharing the below poem, to give us a bit of perspective this 2021. Be safe everybody.

We All Feel It
by Catherine Pulsifer, © 2020

In life we all feel it
The times when we have to bit our lip
We feel like throwing up our hands
Or digging in our heels and taking a stand.

Frustration is the feeling that I'm talking about
The times we feel annoyed or put out.
We can stay frustrated and let the stress mount
Or we can stop and to ten we count.

We may not be able to change what has happened
But we don't need to feel like we are flattened
Take a breath and stand back
Take a moment to relax.

Sometimes it is best to walk away
And come back to it another day.
The frustrating feeling can be changed
It is our attitude that we must rearrange.

So next time you have that feeling creep up
Don't give in and don't give up
You may have to do it another way
But realize that is okay.

Life is too short to stay annoyed
If you do your health you destroy
You can overcome frustration
By building your thoughts on a positive foundation.

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Post ID: @ltb+18M2Omxe

They dropped 25% of the combined count of VP’s at both companies.

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Post ID: @gye+18M2Omxe

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