Thread regarding Suncor Energy Inc. layoffs

Office Politics

With the stock price hovering around $40, there is a rumour that Rich will not make it to his first year anniversary. Anyone else heard this rumour?

by
| 1021 views | | 2 replies (last December 8, 2023) | Reply
Post ID: @OP+1pXiZ9mk

2 replies (most recent on top)

Unlikely I would say in the near future. The BoD would know that it takes time for the market to recognize changes of this scale. But at this pace, he probably won't last until the end of 2024. We fired 1,600 employees and are second last performer compared to Cenovus, CNQ and Imperial if you look at our stock price for L4W, L26W, YTD and L52W.
So much for winning. Oh yeah and RTO definitely boosted productivity..lol

by
| | Reply
Post ID: @1xgg+1pXiZ9mk

While it would be nice, and poetic justice in a way, you know he would have a golden parachute if it did happen.

by
| | Reply
Post ID: @1ewa+1pXiZ9mk

Post a reply

: