Expressing my deep disappointment in the decision to mandate a full-time return to the office, five days a week. This move feels not only regressive but also disconnected from the realities and needs of a modern, diverse workforce. For many of us... — read more 

SVP of conventional/ well delivery said the new organization will be rolled out in early May. Anyone else curious when the layoffs begin? I guess we would all just be guessing anyways but the short little tu-d ball is running out of time.

My manager has made my life miserable due to unfair treatment, biased attitude and disrespectful behavior. Can I take legal action against him? I don't have anything recorded information Cenovus is a terrible company

When is the next date for SCM Layoffs? Will the director be doing them in person? Not sure how US ones will work...

Do I need to be ready tomorrow for the call? Which team is next?

The constant tension and anxiety are unbearable. It’s as if we don’t have enough worries already, without having layoffs looming over our heads for weeks or even months.

I dont work at CVE, i heard you guys still have company housing in 2025 at select asset locations and correct me if im wrong but also in YYC. WTHHH, that is an insane perk to be offered in 2025 when most of yall competitors are hurting pretty bad for... — read more 

Our leadership is useless. We’re all supposed to work for the next month with this layoff cloud over our heads. It kind of sums up their attitude to employee mental health, that being they just don’t care. Meanwhile all we get for direction are... — read more 

I have heard there is a downstream reorganization structure being shared with some leaders. Has anyone seen this and is there anything material changing?

I was terminated along with five of my colleagues. Each of us specialists in our respective fields. Package is respectable. Just in time for spring !!

Seriously, what is our direction? What is the long-term strategy beyond cut, cut, cut?

Mine has been horrendous. I honestly can’t remember the last time it was this difficult to even reach the interview stage. I’m completely and utterly demoralized and exhausted. I started my job search last year, mostly as a precaution, but it’s now... — read more 

I hate that I feel this way, but I do. This is not the same company I joined years ago.

I hope we all come out of this tough time better off.

Somebody asked about 50+ employees. My desk / hard drive are all cleaned out. I am ready to be terminated tomorrow. I started at Ram River, worked in Lloydminster, and presently a Specialist in Downstream. Life is too short to sit in a cubicle... — read more 

Ladies & Gentlemem. I would advise spending some time before Tuesday transferring personal information off your company drive & e-mail. Once you have been notified of your termination IT will freeze your account almost immediately. Bumping this from... — read more 

The long awaited layoffs in downstream will take place the week of April 7 - 11. Focus will be on Calgary. 1 in 6 positions redundant on new organization chart. Some of those who remain will be asked either to move to various refineries or... — read more 

After seeing how Cenovus handles older employees, why would anyone over 50 bother going above and beyond? When your fate depends on payroll numbers, not performance, why ki-l yourself? At this point, doing the bare minimum isn’t laziness, it’s... — read more 

I keep hearing about layoffs all the time. Every week, somebody else seems to be gone. I've been here for 12 years. I'm 48. At this point in my career, I expected more stability. Is that too much to ask for?

Oil just hit a 4-year low, Cenovus and other producers are cutting deep in Alberta, and now Ontario’s losing 6,000 auto jobs thanks to Stellantis halting production. For once, it’s not just Alberta taking the hit, Ontario’s getting dragged into the... — read more 

2024 was a great year for CVE. Stock price dropped 16% versus year-end 2023. JM total compensation went from $8.7M to $10.4M, an increase of 20%. DZ made $3.1M for "working" eight months. Great value, the shareholders must be pleased. Check out the... — read more 

With the Veren deal moving ahead and layoffs at Cenovus still rolling, there’s going to be a lot of people on the street soon. Not sure who's supposed to make up that large shortfall? Maybe Elon wants to start an oil company.....

Stock flat, morale low, more questions than answers. Feels like something’s missing in the bigger picture. The market obviously wants targets to be hit, but what else?

I do truly feel the company needs a reset to focus on base business. Culture needs to stop where ladder climbing is promoted. We are here to make oil, gas and refined products. Supporting functions should be lean and follow the rest of industry... — read more 

How many managers and directors were laid off today? What's going on in Conventional? To be continued....

We have been having these silent layoffs now. Any updates on the actual round?

Rumour has it , some ppl will be let go today. My guess is conventional and IT …. Let’s see our pretty boy RC and BK and some others will be gone today or not. It’s time to let the clowns go…. Come on CVE. Keep the good ppl but let them clown go. — read more 

Heard a few folks getting notifications for this week. Wondering which groups were affected? Seems like the approach is to let go

https://simplywall.st/community/narratives/ca/energy/tsx-cve/cenovus-energy-shares/cenovus-energy-inc-tsxcve-has-successfully-completed-its-acquisition-of-gear-energy-ltd-tsxgxe

It took me over a year—an endless stream of resumes, reaching out to everyone I know, utilizing every network possible. There were many moments when I almost lost my mind and considered giving up. The new position is in a tangential industry—less... — read more 

It has nothing to do with productivity or efficiency, but everything to do with getting rid of people for free. This has been the case with every other company that implemented a full RTO mandate, and it will be the case here too. We shouldn’t bicker... — read more 

the reason? to streamline work and become more efficient as we progress our priorities and improve our competitiveness. pi-s off.

Three contract staff in my department were shown the door this AM !!

The annual meeting will be held virtually on May 8, 2025. Big announcements in the weeks prior. Workforce Reduction. Acquisition or Divestiture. Dividends.

Merger talks continue … .. . https://apps.rec-cer.gc.ca/REGDOCS/Item/View/4444627 https://apps.rec-cer.gc.ca/REGDOCS/Item/View/4444601

A lot of rumors are floating around. It doesn’t seem unlikely.