Thread regarding Cenovus Energy layoffs

Bonus getting cut

This isnt a suprise.. but way to go CVE!

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| 3601 views | | 17 replies (last February 13, 2018) | Reply
Post ID: @OP+REyVD99

17 replies (most recent on top)

It’s true, just wait for the Inc announcement. Managers have already been told. Just not allowed to share it yet.

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Post ID: @4fgh+REyVD99

Where is the evidence of this? Also keep in mind VP and above now only get PSUs, so there poor performance will hit them more in the pocket book.

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Post ID: @4oev+REyVD99

Exactly @REyVD99-1dns

Assets get bought and sold, lay offs happen, CNRL even rolled back wages 10% - for everyone - but cutting bonuses for workers while holding steady for management and executives? Disgusting. That kind of behaviour defines corporate greed and selfishness.

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Post ID: @1hhd+REyVD99

It's not about bonus getting cut. It's about bonus getting cut for those below management level. Self-serving leaders of this company will continue to fk the employees for personal gains.

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Post ID: @1dns+REyVD99

Where in the world did you get the idea that a bonus is a sure thing? Live within your means and don't bank money you don't have. That being said if bonuses are cut for future years....lots of people will really start to leave. It's one of the only things people hang around for....and a bunch of do nothing leaders won't be able to do the work because they simply never knew how. Thanks again Brian. You f---ed us hard In Your attempt to make yourself a business legend. Idiot.

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Post ID: @1tqx+REyVD99

Wasted time populating the PA, meeting with supervisor on goals, mid year review and year end review. Such a waste of time........ CVE another demonstration of complete utter nonsense. Can't you see the process of administration is killing this company.

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Post ID: @1xnx+REyVD99

Who cares about the bonus if you're let go on the 20th

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Post ID: @kmr+REyVD99

The share price is a dumpster fire. Why would you expect a similar bonus to last year?

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Post ID: @maf+REyVD99

Bonuses for 2018 are being cut and it’s the folks that barely scrape by that they are targeting - nice morale booster. HR really knows how to manipulate their policies and make numbers on paper dance

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Post ID: @ass+REyVD99

It’s been confirmed. But hey, let’s have fun again guys.

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Post ID: @kix+REyVD99

Cve Shares are worth 1/1000 of a bitcoin

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Post ID: @apw+REyVD99

It's happening.. those lower than management... f-- this place.

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Post ID: @xjb+REyVD99

I heard it too from a very reliable source. They definitely are. Not Feb 2017 bonuses. Future bonuses 2018 onwards. The % are going down for group leads and below.

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Post ID: @zrb+REyVD99

Not its not, they have already been finalized. TROLL!!!!

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Post ID: @lyy+REyVD99

Yup - that’s true. But cut only for the working levels . Principals/Directors/Managers/VPs - intact. “Bangs” obviously can’t do math (also no one else in HR can either) because if she could she’d know the higher your base salary the larger the bonus and as such larger potential savings. Between BigZ, Bangs, Mole and Grinch, this company is now the sh--s.

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Post ID: @eem+REyVD99

Where'd this rumour come from?

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Post ID: @gzz+REyVD99

Fortunately my $38/share stock options are available for exercise this year. What’s the current share price again?

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Post ID: @ojw+REyVD99

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