It isn't about good people or not. They are going to outsource a lot! Entire departments and functions will be contracted out.
Cuts are also projected to happen again in September after the summer projects are done. They just didn't do it now as they didn't want to jeopardize safety and they want them completed.
Honestly, as someone who is out and has found another GREAT job and GREAT company to work for.... please be proactive and get your resume out there. Start searching. Take control of your situation. Looking doesn't hurt and you don't have to jump ship if you don't want to but at least you can be sleuthing out other options and opportunities. The end-all-be-all isn't Enbridge or Spectra.
Do what is right for you. Big companies care little about people. They come-and-go. Think of it this way. Should something happen to you today. (say you fell ill or what-not). They would send flowers (because HR does that) and should you not be able to return, they would post your job next week. It doesn't matter how hard you've worked or sacrificed for them. They don't care about that. Please understand this principle of large companies. They must satisfy stockholders, shareholders and the board. That's all.
(btw...make sure your resume is in the new style and catchy. I spoke with an HR rep outside of the company when I was looking and they told me that a tired ole resume with a boring format goes to the bottom of the pile. If you don't know what the new style is, go to a job bank location, they can help you or check this out.... it is more about highlighting your skills and what you'd bring to a company...
https://www.thebalance.com/what-is-a-functional-resume-2061997 )
I hope this helps. Hang in there. I spent several years until Christmas with the company and bailed. (I knew layoffs were coming and wanted to get ahead of them and stop living with the uncertainty. I was getting an ulcer over it all.)
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