So they confirmed that almost everyone below a manager is taking bonus cuts. Basically saying the average worker is over paid but the poor managers and leadership are barely scraping by. Alex says he wants to be transparent? Then post the whole companies bonus targets for everyone to see and explain why only front line workers are getting cuts and not manager and above? Real leadership like at CNRL took cuts before any employee, not Cenovus though.
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I get reducing bonuses, but start at the top not the bottom. Did no one on the CLT think this might make them look really bad? Let’s take from the people who make the least and make sure mgmt is all left alone. Really??
If insanity is defined by doing the same thIng but looking for a different result, is it not insane keeping the SLT and others who got us into this mess, and thinking they will magically turn the company around?
I love how the bonuses are being cut for everyone but managers and higher. The same ones who got the company into this mess
Take 5 seconds and look at their (CNRL$ stock price vs Cenovus. Who do you think is doing things right ?
I've been busy figuring out which finance staff to cut.
Why arent you looking for a job anyways? Why wait until Tuesday?
I have been sending out resumes for weeks.
If i make it through Tues i plan to look for a new job outside of CVE immediately
On Tuesday, people will start to wish they worked anywhere but in CVE finance.
Ah yes, CNRL is the shining light in how to do things right.
I would guess the point isn’t about CNRL but leading by example.
Hahaha real leadership @ CNRL. Hahahhahaha
Then go work at CNRL......
All are asleep, taking the blue pill.
Where is this confirmed