Announced this morning. 15% reductions overall or 500-700 in total.
-
Foster Creek expansion on hold
-
Narrows Lake Phase A on hold
-
Deep Basin down to 15 wells and mostly in Q1.
11 replies (most recent on top)
And they're hiring a "Learning Advisor"
Conoco all over again all right
Bahahahahahaha
https://jobs3-cenovus.icims.com/jobs/9990/learning-advisor/job
So was it a tough day?
**** this company.
11.26 -0.61 (-5.14%)
Positive reaction from our shareholders.
Lol... The announced layoff is on top of those leaving with the conventional assets.
Company spokesman mentioned current employee count was 4200. It’s actually closer to 3900 after the layoffs today. Maybe there’s only 200-400 layoffs left to go.
30+ conventional folks got led go.
More to come in January.
Sounds like COP all over again. I feel bad for you.
Small number getting let go today in Conventional.
Well at least they are finally doing a big one. Good luck all. Is it happening today?
Merry Christmas