Classic CVE mgmt response. Ignore the problem of your top ten award for worst place to work. 400+ reviews are not a few whiners telling you there’s a problem here. What you don’t get is it’s the good people who will leave, not the bottom. That’s why... read more

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? 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

Me culture to we culture? Let’s see: you make our company rank in the 10 worst companies to work for you keep your chunky bonuses while cut bonuses for the working population you sit there in your all male podium promoting 10 male VPs into the most... read more

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

I think our business whiner I mean newsmaker CEO of the year should have to also sit in one of those sardine cans they are calling collaborative workspaces. Anyway, I’m pretty excited if this means I can literally work from wherever the hell I want... read more

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

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

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

Life at pathetic CVE.. http://www.cbc.ca/player/play/1355893827905/

I’m continuously perplexed on how Cenovus remains so male dominated. I knew some very strong female managers and technical leads at the company that were let go during the rounds layoffs. Is upper management just generally unskilled with maintaining... read more

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.

Way to go! https://www.linkedin.com/pulse/10-worst-companies-work-2019-according-employees-joshua-fruhlinger/

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

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

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

Seems more pompous than factual

The BOE article today he is quoted saying " My company" Oh the humility

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

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

Anyone know how many were let go today?

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.

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

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

Just when we expected that we were in for a smoother ride the Q3 results painted a diferent picture. The sad thing is that these circumstances are not likely to change any time soon and the oil market will not stay at this level forever. Hope that... read more

You folks have done a good job, good work. It is unfortunate the pipeline situation occurred and the back-up in oil sands inventory is causing employment heartache. Yes, the company made some poor decisions, but it's broader than that. Canada cannot... read more

Layoffs this week??

Do wonder.

The assets are good and the CEO has shown an ability to generate excellent free cash flow from those assets. Reallly good free cash flow. Just look at last quarter. Makes one wonder if the call for cuts is because he knows CVE has a great future once... read more

Bet Husky wants the advantage for their recent offer.

Q3 earnings call indicated production is being cut back. Other companies are too, but the CEO mentioned it only takes a relatively small volume of production to exceed the takeaway capacity and that drives the wide discount. Wonder if the integrateds... read more

https://www.cbc.ca/news/business/cenovus-oilsands-cuts-1.4903385 One of the country's largest oilsands players, Cenovus Energy, is urging the Alberta government to implement "temporary" production cuts across the oil sector as Canadian crude prices... read more

KXL pipeline now on hold, oil price collapsing. This oil patch just can’t get a break. We’ve been hanging on with a thread now what? Layoffs soon?

“We are going to do our part but we are not going to carry the industry on our back,” Cenovus president and CEO Alex Pourbaix said on the company’s earnings call, adding that other oilsands producers would also need to reduce output. Given CVE's... read more

Senior management is really "knocking it out of the park" at CVE! Big Q3 loss is likely due to increased 2018 bonus accruals.

Stay tuned ex COP. Clearwater is sold and you will all here something soon. Be prepared to bite down, This ones going to hurt. Most of you will be gone. A few will stay on. Best O luck

Too many jobs opening up in Calgary and people are leaving or planning to leave in the new year. Such bad management at the top. They came in too arrogant and made changes to people benefits too quickly. Let the Cenovus brain drain begin..

Good combination; CVE has oil for Husky refineries.

with spreads so wide?

What’s going on with Deep Basin? Awkwardly quiet...