Thread regarding Cenovus Energy layoffs

Layoffs

I can confirm three people left our asset in the US yesterday with a possible fourth waiting to be confirmed. There are speculations that six more will be leaving in the next few weeks. Any updates from elsewhere?


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| 2341 views | | 10 replies (last September 29) | Reply
Post ID: @OP+1k4rhma7b

10 replies (most recent on top)

@bm+1k4rhma7b what site is this at?

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Post ID: @33h+1k4rhma7b

@b9
A lot of DEIs are being let go.
Maybe they were never qualified in the first place.

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Post ID: @1vd+1k4rhma7b

Keep that gossip mill churning, folks!

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Post ID: @d4+1k4rhma7b

There is one manager that’s actually a site known bad actor; finally something is being done. Two of his team are reported as not even showing up to the site to work several days a week. The HR asked me to track it because I sit there with them. I said no to that but they compare the record of using badge to come onsite with record for PTO used. If determined there was large gap they allow discipline to the leader or employee. Well they found a large gap and days onsite were short of 8 hours. So the behaviour here will drive the leaders to eliminate at least one.

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Post ID: @bm+1k4rhma7b

@b9 that may be this specific case but I know for a fact there are 4 males on the list at my site that will be eliminated by year end… seems balanced from my HR perspective. Leaders are being challenged where there seems to be bias of any kind when positions are eliminated. There is legal review in the U.S. anyway.

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Post ID: @bf+1k4rhma7b

The people they want to retain will report to Calgary or Dublin. Easy to see they want the assets essential employees only. Half the managers are posers anyway. Can’t hide it any longer.

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Post ID: @be+1k4rhma7b

So someone in corp HR said a target number of 400 companywide coming from finance, scm, safety, environmental, hr, IT, and projects. Also heard changes coming to some refinery leadership by end of year. Changing out the senior leaders finally. Investors visiting U.S. refineries in September…. Sites cutting opex and preparing to offset any increases negotiated for union operator contracts in 2026,

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Post ID: @bb+1k4rhma7b

Eliminations happening in procurement, finance and HR. Looks like managers are next wave toward December. Cutting overhead cost by having less managers at sites.

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Post ID: @ba+1k4rhma7b

Several eliminations at my US site on Monday and Tuesday - all female of course. Seems to be the men protect the men and push women out. Pattern? Anyone see this as systemic?

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Post ID: @b9+1k4rhma7b

Some cuts in HR today. Not good ones either.

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Post ID: @an+1k4rhma7b

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