Cenovus Energy Layoffs

Topics regarding layoffs at Cenovus Energy

Have a little thought

My first time on this site and I felt so sad at the lack of thought from those hiding behind anonymity to throw hurtful comments around, focus on such minor issues relative to the issues that some people are going through in their lives, dealing with... —  read more 

Chicken Crates Vs Covid

Back we go .. While case counts are reaching new highs in Alberta and across Canada. Don’t you dare ever freaken tell me that this CLT cares at all about the Safety of their employees (while they hide out on the widely spaced executive floor).. ... —  read more 

Survey closes today

How many of you anonymous commenters here answered the org health survey and filled in comments truthfully? It takes courage when there’s a possibility someone’s going to know it was you!

How can CVE not fail?

So imagine you have a couple of credit cards, one is at the max of say $4500. You tried going to the pawn shop to sell some of your stuff, but they said it was just c-ap and wouldn't buy, garage sale didn't even work (by the way most of your c-ap... —  read more 

Ovintiv layoffs

Well...despite being re assured: No layoffs...because Ovinitiv is SO well positioned.... the Suttle-butt is: LAYOFFS!!..starting today with VP and above....Others to follow tomorrow...done by the end of week. Here we go........thought our... —  read more 


Hey CLT... your minions in HR are dying to bring people back to the offices because grown up professionals can’t be trusted to do their work at home. But let me point something out - notice how quiet it’s been here since March?? That’s because people... —  read more 

Deep Basin

With Oil Prices going negative it is awesome Ferguson bought Deep Basin..ramp up the drilling in Deep Basin. Dry gas is the place to be.

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Post ID: @OP+14zikdMz

All in this together?

I hope I’m wrong but to clarify; Employees and mgmt all took salary reductions, but according to the globe and mail our CEO had a raise in 2018-2019 of about $3m (total compensation). He took a 25% cut, so he’s still ahead with his recent raise... —  read more 

$22 Oil

I wonder how they are going to lay us off now that we are all in small cubicles. I bet there is a committee on that right now. Logical nightmare .. can’t close your office door and wait for the tap on the door.. Wait a min.. even more... —  read more 

Just some communication!!!

Our company is so bad at communicating. Why isn’t there some form of communication coming out? It’s like an abyss. I get things are changing daily but it’s like our leaders from Mgr and up have just disappeared. You don’t have to have all the answers... —  read more 

CVE's future was obvious

I was working for CVE several years ago. I took one look at the leadership team, took another look at the market trend and took a package. The truth is O&G is Canada is on the decline. I know you want to blame the liberals, and I know sometimes they... —  read more 

Why didn't you hedge AP?

When AP he took over said "i don't like hedging." Said a strong balance sheet is better. But CVE doesn't have a strong balance sheet. Now prices plummet and CVE is naked. How do you like 'em $35/bbl Brent, $25/bbl WCS apples now AP? How many CVE... —  read more 

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Post ID: @OP+13VtfMno

Cenovus to Cut Spending

Source below... CALGARY – Analysts expect to see lower Canadian oil production this year as producers follow the example of Cenovus Energy Inc. in slashing capital spending budgets amid tumbling oil prices. After seeing its shares losing more... —  read more 

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Post ID: @OP+13VVwj28

20 for 20

Does this mean $20 oil in 2020? Now that we committed to dividends increases and we paid down our favourable debt to get to try to get to the magical $5B, where the hell is the cash going to come from ???

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