Cenovus Energy Layoffs

Topics regarding layoffs at Cenovus Energy

our Workday private info leaked!

can't believe how this company keeps screwing up! did you know that some of our private HR data in Workday was exposed in sharepoint! can't trust this company anymore!

Accounting positions

Judging by the recent accounting job postings it looks like a few people jumped ship after the bonus payout. It's not surprising given the toxic inept leadership in that area.

20 for 20

I am optimistic that CVE share prices will get back to $20 or higher. With the implementation of strategic cost cutting measures in the deep basin, continued disciplined operations at FCCL, and heck maybe even market access (it’s bound to happen... read more

Funny time of year

I always think this time is funny/interesting because so many people mouth off about getting their bonus and getting out. But my take on this is CVE doesn’t really see much of an exodus after bonuses are given out as there still isn’t much employment... read more

Taking real action vs covering it over

Again, here is your HR and mgmt calling names, insulting people, belittling them. Whatever you do don’t try and understand or get to the root cause of employee unhappiness. That might mean taking real action vs covering it over. I appreciate Alex... read more

New Incentive Program

What do you guys think? A new carrot on the stick? The chance of us hitting $20 is extremely low. It costs CVE nothing to announce this incentive program. Maybe it will help Alex dump his personal investment in CVE?

Another c-appy building

Vibrating floors, vibrating furnitures, dangerous work environment... people were told to stay home or work remotely. Well done!

Look you can do it!

See what I mean ? When mgmt can avoid doing something dumb to annoy the employees they stop posting. You’ve made it almost two days without going out of your way to get anyone riled up. Try for a week now and it should keep dying down.

People quitting even before bonuses

We just had two people accept other offers even before they got their bonuses. You know it’s bad when they’re so desperate to get another job they leave their bonus behind. And they were both good people.

So is this the future?

So is this the future? We build bigger and taller structures like The Bow and Brookfield, only to stuff professional and technical staff into smaller and smaller spaces. I don't understand how management continues to get fleeced and sold on this... read more

Quick fact check

No Alex CNRL did not do across the board 10% wage cuts. It was graduated to income level and their executive took a 20% cut first. And there were no layoffs. Contrast that with CVE where minions took a bonus cut and the executive kept themselves... read more

Herald Article

I see the Calgary Herald has named AlPo "Alberta's Business Newsmaker of 2018". What kind of a BS title is that? Should be called top whiner of 2018. I wonder how much CVE paid to get that article in the paper. It appears AlPo loves the media... read more

HR at it again?

I see over at the glass door HR is back at posting positive reviews for themselves. Keep it up guys. Why bother trying to fix the problem when you can just hide it inder the covers. Overpaid and useless. It’s a good thing the Herald does a c-ap job... read more

Any Bets???

So who thinks there will be another round of layoffs come end of Feb? Not much of a bet as for last 5 years they have had layoffs in Feb and around Oct. but Alex did say no more layoffs, so there shouldn’t be. But then he did more layoffs in Nov... read more

7 more VPs

7 more VPs. Really? This will for sure turn the company around. Alpo, no sh-- the optics don't look good. We'll played, drive moral low enough and attrition will take care of the G&A costs.

Some of us need a reality check...

Probably not a popular thread but that is ok. No affiliation with CVE management. As much as you folks want to rag on our new CEO, the board hired him to make the very difficult decisions that Brian never could. He wasn't brought on to be a nice guy... read more

Some of usneed a reality check...

Probably not a popular thread but that is ok. No affiliation with CVE management. As much as you folks want to rag on our new CEO, the board hired him to make the very difficult decisions that Brian never could. He wasn't brought on to be a nice guy... read more
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More and more people leaving for better jobs ...

More and more people leave each week... its like a overloaded dam with a leak... wait for the new year when we are post-bonus with less benefits, days off, and cubicles (except for Alpo and team) Cenovus Investor: Beware

Alex help?

Please provide an answer to all these valid questions in these threads. Why the new manager and director positions while layoffs are going on? Why promotions and no bonus reduction for mgrs but yes for rest of staff? Why does Cenovus need two... read more

ALPO Broke Promise

Didn’t ALPO promise no more layoffs just after the last round? This is extremely hard on your staff, CVE...

GM executives

GM can get rid of 25% of their executives why can’t the oil patch get real and finally deal with being so top heavy. Make a real difference in the bottom line.

When?

Everybody keeps saying there will be layoffs but can anybody provide even a rough when? Next month, next year, next decade? Anything?

We don’t do this lightly

If you don’t think lay offs are coming you’re not paying attention. The mgmt here will save themselves and sacrifice the rest of us without a moments hesitation. Then who’s ever left gets to hear the same old spewing garbage about the hard decisions... read more

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