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EnCana Corp. Layoffs

Messages relating to layoffs at EnCana Corp. are presented below the company info.

EnCana Corp.

Company information:

Industry/Area of Activity:
Oil & Gas Producers
Company Stock Ticker:
ECA
Stock traded at:
NYSE
Industry Code:
533

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Posts regarding layoffs at EnCana Corp.

Go to thread The Fracker (Canada), Tuesday 03/04/14 01:16:56 UTC

Since the layoffs.....

Well, a few months have passed since the layoffs at EnCana - and the firm is now a truly empty shell of what Gwyn Morgan once created. There is something missing and most are very unhappy. Those who received packages, although stressful for them, are in a better place. Look, Suttles had to make some extremely difficult decisions but his style of management is starting to trickle down the chain and people are not happy. What a truly, horrible place to work.
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Go to thread Anonymous1932, Saturday 12/21/13 21:16:32 UTC

Inter Wellbore Communication Expert contact rosypip@gmail.com

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Go to thread Anonymous1288, Sunday 12/08/13 18:32:04 UTC

@ Anonymous1277

Where should I contact you
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Go to thread Anonymous1277, Sunday 12/08/13 16:39:25 UTC

Looking for an expert in inter wellbore communication and fracture mapping. Any out there?

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Go to thread Anonymous1175, Thursday 12/05/13 15:35:45 UTC

US Admin Services

Any news?
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Go to thread Anonymous1169, Thursday 12/05/13 06:00:58 UTC

Benefits

Health care and benefits went until the end of November and then they were done as far as I know. I don't know what they do if you are laid off in December though.
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Go to thread Anonymous993, Saturday 11/30/13 02:41:47 UTC

Admin Services in the US: layoffs coming within the next 2 weeks, including HR staff.

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Go to thread Anonymous947, Tuesday 11/26/13 21:45:12 UTC

IT cuts happened on Monday

I hear that IT cuts just happened for Calgary on Monday. I am not sure if there are any more departments left to go.
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Go to thread Anonymous999, Sunday 11/24/13 16:34:57 UTC

Can anyone post if health care extended benefits are being extended 1-3 months or cut off on termination day?

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Go to thread Anonymous854, Saturday 11/23/13 23:09:11 UTC

Plano office update

65 of the 120 employees offered transfer to Denver accepted. To add to previous details, Denver finance was only hit with a few layoffs as a direct relation to 14 out of 15 Plano finance employees rejecting the offer to transfer to Denver including 3 team leads, 1 group lead, 5 work leads and 5 other employees.
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Go to thread Layoffs, Saturday 11/23/13 03:41:06 UTC

Is Encana finished with layoffs?

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Go to thread Anonymous817, Friday 11/22/13 12:54:39 UTC

agreed

Agreed that the process has been appalling. Denver IT is 11/22 and Calgary IT on 11/25. US finance happened 11/21 and it seems only 1-2 people let go, though they lost a lot of folks based in Dallas already.
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Go to thread Anonymous796, Friday 11/22/13 01:20:22 UTC

Calgary IT

As I understand Calgary IT personnel will be notified on Monday of their future at the company. Nothing like stringing these people and their families along for another 3 days. For a company like EnCana, this layoff process has been appalling. Hopefully the HR team will learn from this when they are repeating this again in 2014 when the non core assets are divested.
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Go to thread Anonymous795 (Layoff), Friday 11/22/13 01:06:55 UTC

How man in finance??????

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Go to thread Anonymous792, Friday 11/22/13 00:07:25 UTC

Piceance

Piceance layoffs happened 11/20. 12 total. 7 from EHS.
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Go to thread Anonymous784, Thursday 11/21/13 20:01:39 UTC

And the fool says... We are are following CHK's path...

Encana taking a page out of Chesapeake Energy's book, as Canada's largest natural gas company announced plans to reduce its workforce by 20%. With natural gas prices remaining depressed and no relief on the horizon, conserving cash is a top priority as both Encana and Chesapeake look to invest their cash in the highest ROI plays in their portfolios. While Encana plans on trimming costs and focusing on 5 oil heavy plans in 2014, Chesapeake Energy is now two quarters into its restructuring plans. If Encana mimics Chesapeake's lead, shareholders could finally be in for some gains. Dividend stocks can make you rich. It's as simple as that. While they don't garner the notoriety of high-flying growth stocks, they're also less likely to crash and burn. And over the long term, the compounding effect of the quarterly payouts, as well as their growth, adds up faster than most investors imagine. With this in mind, our analysts sat down to identify the absolute best of the best when it comes to rock-solid dividend stocks, drawing up a list in this free report of nine that fit the bill. To discover the identities of these companies before the rest of the market catches on, you can download this valuable free report by simply clicking here now.
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Go to thread Anonymous783, Thursday 11/21/13 19:59:25 UTC

So much for not touching parachute...

Encana is planning to cut 20 percent of its workforce, raising questions about the future of its Parachute office and Piceance Basin operations that are under scrutiny because natural gas prices have been depressed since 2008. The natural gas crunch is forcing many energy companies to focus more on development of oil and other liquid hydrocarbons. Encana, based in Calgary, Canada, said it also will focus on development of resource areas, including the Denver-Julesburg Basin in Colorado. Encana's Piceance Basin operations are focused on natural gas production. But one positive factor is its 20-year joint venture with steel maker Nucor. Doug Hock, a spokesman at the company's Denver office, said Tuesday the deal with Nucor requires Encana to drill as many as 4,000 wells over 20 years. It involves a 50,000-acre federal leasing unit straddling Garfield and Rio Blanco counties and helps protect Nucor against possible rising gas prices. Hock said there have been no announcements of layoffs at the Parachute office, where about 190 people, mostly employees and some contractors, worked as of the end of September. Hock said Encana president and chief executive officer Doug Suttles mentioned in a conference call Tuesday that the company has joint venture obligations it has to honor. The Nucor drilling obligation is not ironclad, however. It allows either party to suspend drilling if natural gas prices fall below a certain level. Gas prices have been depressed since 2008 thanks in part to increased domestic production, causing many energy companies to focus more on development of oil and other liquid hydrocarbons. In the Piceance, that has left Encana and WPX Energy as the only two significant operators, with most other companies having suspended drilling or doing a minimal amount, the Grand Junction Daily Sentinel reported Wednesday (http://tinyurl.com/lw8qela). Encana is currently operating four to five rigs in the Piceance Basin in western Colorado, a level that Hock said has held steady for the past few years. It has more than 3,000 Piceance wells that average about 450 million cubic feet of production per day.
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Go to thread Anonymous782, Thursday 11/21/13 19:45:12 UTC

Louisana and Texas

North Louisana and East Texas have layed a number of folks off. 8 that I know personally. Not sure about all departments
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Go to thread Anonymous779, Thursday 11/21/13 18:51:35 UTC

anxiety and fear

let's do this and be over with it
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Go to thread Anonymous773, Thursday 11/21/13 15:40:39 UTC

severance calc

7.5 months for around 6 years of service, so it seemed like 3 months + 3 weeks/year of service.
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Go to thread Anonymous762, Thursday 11/21/13 13:29:30 UTC

more to come

Confirmed that DJ and Parachute offices were done 11/20. They did a clean sweep and simply let a bunch of folks go based on location. I'm hearing Finance today (11/21). IT is dragging, but could be 11/22 or first week of Dec. Rumor on the severance is that it seems very generous, however it's simply a number. When asked for detail, HR responds that there is no detail and it 'is what it is.' In general, a lot of unhappiness. Most of this seems to be done badly (though the severance money is good) with a dearth of communication. Nobody knows who is left because nothing is announced. Environment of anxiety and fear. Let's just have it be done.
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Go to thread Anonymous722 (newgrad), Thursday 11/21/13 04:09:33 UTC

new grads

New grads and summer students got an email saying that all 2014 offers will be honored. But the comments here seem to contradict this...? Can anyone confirm?
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Go to thread Anonymous718, Thursday 11/21/13 03:21:03 UTC

Rough day. Can anyone post how their severance was calculated.

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Go to thread unthump, Thursday 11/21/13 02:52:20 UTC

CHK

I had a guy from CHK ask me today if we were hiring... I sent him to this site.... I think we'll end up worse than CHK, it was a bloodbath over there...
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Go to thread Anonymous716, Thursday 11/21/13 01:57:23 UTC

Denver

Rumor is tomorrow for finance.
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Go to thread Anonymous715, Thursday 11/21/13 01:45:35 UTC

Plano

Plano office will be closed, 240 people will be let go, WARN notice have been filed on MOn. Some folks will be able to transfer to Denver. If you do not accept, you are gone on Jan 9 2014... Some folks will stay in the office in Plan thru mid 2014, but the office will be closed.
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Go to thread Anonymous714, Thursday 11/21/13 01:42:32 UTC

@Anonymous712

Nothing happened in Denver
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Go to thread Anonymous712, Thursday 11/21/13 01:13:40 UTC

Waiting on news!!!!!!!!!!

Any news on additional Denver cuts in Finance or Supply or Office support.
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Go to thread Anonymous689, Wednesday 11/20/13 16:37:59 UTC

Clearwater

Confirmed! A bloodbath indeed...
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Go to thread Anonymous677, Wednesday 11/20/13 08:41:04 UTC

New Grads

Many new grads have been let go so far. Much of Clearwater was done on yesterday and it was essentially a blood bath, not many left and new grads almost seemed targeted.
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Go to thread Anonymous669, Wednesday 11/20/13 02:34:07 UTC

Layoffs

Layoffs took place in Denver today. Aware of 2 EHS and 2 SET team members that were terminated for sure. Rumor has it that HR will be headed to the western slope tomorrow. Heard that all DJ and Piceance layoffs will be done by the end of this week.
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Go to thread Anonymous662, Wednesday 11/20/13 00:27:23 UTC

Layoffs

Praying for a package tomorrow at EnCana. Wholly unimpressed with the order of layoffs this week - field Monday, some Calgary staff Tuesday and the rest Wednesday. They should have exercised this process a number of years ago in preparation for this week. That is what you get with an arrogant and delusional Randy Eresman at the helm. Hopefully their package is classier than the layoff process. And how pathetic was the solicitation of donations via EnCana cares during October. Cringe worthy.
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Go to thread Anonymous660, Wednesday 11/20/13 00:03:22 UTC

EHS

Was EHS hit?
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Go to thread Anonymous656, Tuesday 11/19/13 22:01:37 UTC

Email

If you are to be laid off you will receive an email meeting request with a manager and/or hr rep referencing organization changes/restructuring. My understanding is so far the email comes in the morning, usually a hour or so before the meeting.
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Go to thread Anonymous653, Tuesday 11/19/13 20:27:36 UTC

Announcement

Can someone post the announcement?
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Go to thread Anonymous647, Tuesday 11/19/13 17:20:45 UTC

not everyone

Not everyone received the org announcement. I think those with reporting lines into Asset Teams may have.
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Go to thread Anonymous641, Tuesday 11/19/13 15:19:44 UTC

Morning Email

Did everyone at Encana get an org. announcement email this morning?
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Go to thread Anonymous631, Tuesday 11/19/13 05:49:25 UTC

EHS

rhs will be hit, 100 percent sure, this week... 20 folks
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Go to thread Anonymous610, Monday 11/18/13 21:19:59 UTC

possibles this week

I'm hearing many of the asset teams, EHS, Supply Mgmt and possibly Finance. I don't think this is a hoax...just hasn't happened on 11/18.
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Go to thread Anonymous609, Monday 11/18/13 21:06:09 UTC

What is an average sevrance

please let me know
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