Thread regarding Cenovus Energy layoffs

Not Even Started Yet!

That’s right. HR was not ready today and behind schedule, so they had to push the majority of the plan to layoff people to March. I heard there were only 100-200 people today across both companies. More like a warm up

Finance was not really touched today because the CFO wants the year end work done first.

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| 3961 views | | 13 replies (last January 27, 2021) | Reply
Post ID: @OP+197m9ZR2

13 replies (most recent on top)

About 1000 in total since the beginning of January as of the end of today. March will be more at a lower level set by area managers/executive including those given March as their end date already which is small minority.

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Post ID: @exa+197m9ZR2

That $30M the management is paying themselves should have gone to beef up packages during this pandemic. That’s why our mgmt are a lost cause. Dirt bags.

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Post ID: @ydy+197m9ZR2

My wife list her job yesterday, Jan 26. Couple more ppl from her combined team of 18.
I'd say in such job environment in Calgary even 1 laid off person is far too many.
Unless they can afford retirement.

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Post ID: @uyo+197m9ZR2

There was no diversity. All the coloured folks were laid off since they had no one to speak for them. Quite shameful.

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Post ID: @jwh+197m9ZR2

Who, besides the media, said CVE was laying off? Nobody. The number 20-25% is over the next year.

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Post ID: @veh+197m9ZR2

They want to torture the employees until late March. It's a tactic to force more duress so people sign off on the packages as son as they get them. The more upset you are the more likely you are to accept the first offer without consulting a lawyer.

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Post ID: @gew+197m9ZR2

This is fake news! Our group was hammered today, 40% of our group was gone in just a few hours!

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Post ID: @hjm+197m9ZR2

Our entire group was gone including managers, around 15 in Calgary office. They will do field tomorrow.

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Post ID: @wzh+197m9ZR2

This is true, but closer to 400 today. This is not even close to being over.

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Post ID: @vlx+197m9ZR2

No way they got close to 2,000 people. They did a huge screw up.

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Post ID: @ale+197m9ZR2

Actually I thought it was pretty lite as well. Out of all CVE safety only two people were let go and same with other teams, like only two people here and there. I’m thinking they screwed up and now March will be the big one. Our company management is totally inept.

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Post ID: @jwq+197m9ZR2

much more than 100-200

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Post ID: @dzp+197m9ZR2

This is wrong. I know at least 100 Husky people that were laid off today and I know very few people on the Operational side.

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Post ID: @iem+197m9ZR2

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