Topics regarding layoffs at Cenovus Energy

Topics regarding layoffs at Cenovus Energy

Score card rigged?

Does anyone else feel like our executive is rigging our score card to reduce employee bonuses? Second year in a row Cenovus will make billions while our bonuses get hit again. Meanwhile our stock is dropping like a rock and none of our top guys are... — read more 

Production Engineering

Can someone explain to me why they added another level of managers? These new managers only have 3-4 direct reports. How is it someone with 8 years experience is able to get one of these jobs. If I was a Sr. or Staff who applied and didn’t get it I... — read more 

Bye bye

Goodbye to our fearful leader DZ. Hopefully the next one doesn’t spend their entire townhall discussing everything but the area they are managing. Good riddance. (Oh and no one gives a f about Oilers)

Clueless

You gotta love how greasy our management is. Handing out retention bonuses to certain facilities in the Lloyd thermal group. Talk about creating division. Sadly the reason people are leaving is because of the culture, not the money. But yeah, here... — read more 

Interview - help

Folks - i know this is a layoff site, but i have an interview with Cenovus and was wondering if i can get some pointers on what company values, how to stand out among other applicants, any insider tips to crack this interview? Analyst position Much... — read more 

Pay for Performance?

CVE market cap @ Dec 31, 2022 - $51.26B CVE market cap @ Dec 31, 2023 - $41.85B, decrease of 18.35% JM 2023 compensation $8.7M AP 2023 compensation $8.1M - Total of $16.8M for president and chair JH 2023 compensation, demoted CFO $2.8M DZ 2023... — read more 

Our executive..

I still love where they said at the Husky acquisition that no one was getting retention bonuses. Until someone read the deal and it showed the executives walking away with $30 million in retention bonuses. Oops.

Executive Promotions

Isn’t it just awesome seeing all these executives get promoted and shuffled around? I mean at least they get to move ahead and let’s just be honest, as long as the top folks are looked after this place will always improve. No wonder employee morale... — read more 

Morale at an all time low!!!

Employee Morale is in the tank. Calgary doesn't see how badly they are doing. They ask you how can we do better but everyone is scared to say anything due to negative repercussions. Record profits yet bad scorecard we all know what that means.

Why Jon is a bad boss

So it’s going to be -30 and something like -40 with the windchill over the next few days. We shut the rigs down and pretty much all field work. You think they would give us the option to work from home when it’s freaking arctic temperatures but not... — read more 

Bonuses Going to Su-k

So we didn’t meet the targets set up by the mgmt and as a result we all get less of a bonus. Maybe 80 - 70% if we’re lucky. Then they tell us maybe you can make it up on our personal side but they didn’t give the teams enough bonus money to actually... — read more 

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