Topics regarding layoffs at Ovintiv

Topics regarding layoffs at Ovintiv

What happened?

What’s happened to our beloved Encana? How much longer can this go on? All the indicators point to a struggle to survive via layoffs and reorganization. 15+ years with Encana and I’m just not hopeful for the future. Rant over……

Fiscal year

April is coming. What are opinions on OVV becoming more efficient going into the new fiscal year? Can we expect more optimization particularly in US operations, where it is badly needed. M and A activity incoming?

Reboot

Here’s the opportunity to reboot OVV and make it the high performing OG leader it can be….anyone feel words to that effect coming soon from the top floor? Never pass on an opportunity to levarage the current drama. Good luck to everyone affected in... — read more 

Trump, Tariff's and Cuts

Any word about how we will be affected with cuts here in Alberta? I’ve heard ramblings that office jobs are all moving stateside in order to appease Trump. Has anyone heard of this? Friends at other oil and gas companies here in Alberta are bracing... — read more 

Woodlands

Layoffs coming due to Utah sale. Expected but what’s next?

Hard to discern the criteria for layoffs

My floor lost a lot of valuable colleagues. A lot of people who had been the backbone in terms of experience and technical knowledge were let go. I’m hearing and reading that in some cases ageism reigned supreme, while in others layoffs were all over... — read more 

Corterra

Think Corterra will keep the Denver office open? Not likely.... Hopefully a takeover will finally eliminate the neoptism that's plagued the company for years. Fun times ahead.

What’s next?

Severance offer for those ready to leave? Retirement package? Involuntary at field level? Anyone actually think this is over? Don’t fool yourself into believing it is.

Layoffs still ongoing

Some more Denver staff impacted after the June big one. Others cities? Any more?

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| 2565 views | | 1 reply (September 11, 2020)
Post ID: @OP+16T01wGo

Jobs at CVE

Everyone at CVE complaining they will have to go back to the office soon. Perhaps they will be doing a big layoff too & the whiners that want to stay home can - permanently. Then maybe there will some openings over there.

Severance info

Can anyone post any info on severance. Interested in knowing what 15-20 year staff got in months. I made it through this round but wont survive the 2021 layoffs so need to plan ahead. Thank.

Denver/Calgary

Large cuts in the Denver and Calgary office. Significant amount of managers, directors, employees that have been with the company for 10+ years. Still waiting on the total % cut across the board. Very sad day for everyone within the company!

Severance

Anyone know what the typical Encana/Ovintiv severance package includes?

Shareholder scam

I invested in this company right at the Newfield acquisition, since then it’s quickly becoming a penny stock. Don’t see how this company is going to survive. Guessing a bunch of layoffs coming once the debt starts to get called.

OVINTIV LAYOFFS!!

Layoffs...across the board...ELT have been laid off as well. Just announced. Starting tomorrow....stay safe my friends.

Buy out

I hear that an unknown buyer bought out the company and is going to let it slowly melt away?

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| 2900 views | | 1 reply (September 16, 2019)
Post ID: @OP+111SrO3h

Another round coming?

Stock price imploding. Nervous, closed door meetings of the engineering managers. HR reps avoid eye contact in the halls. Folks I talk to in CGY tell me another 10-15% round is coming to pay for the share repurchase and dividend. Good luck to all!

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| 3315 views | | 1 reply (June 20, 2019)
Post ID: @OP+ZzMNmfI

No rhyme or reason.

The Land department let go of many talented employees. In fact all those let go were women. The layoffs were done sloppy and inefficiently. Those left behind won’t last long considering they will be worked to the bone and under appreciated. Newfield... — read more 

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| 4612 views | | 9 replies (last March 4, 2019)
Post ID: @OP+XK0DblN

A message to all

We as energy providers are the most important people in the world. But even more importanter than the energy providers is the leadership team devoted to making the money rain on me every year. I know you'll say, "hey Doug why are we getting the axe... — read more 

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| 4380 views | | 2 replies (last February 20, 2019)
Post ID: @OP+XIbnUN8

Consolidate Southern and Western

With San Juan out the door, makes sense that they would consolidate Southern and Western. Perfect excuse to get rid of people that have caused waves since the last round of layoffs...

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| 2523 views | | 1 reply (February 16, 2019)
Post ID: @OP+XEk5gck

Ready, set, merge

Let us know what you're hearing about the re-org. True info would be preferred.

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| 2610 views | | 2 replies (last February 15, 2019)
Post ID: @OP+XCMOnU6

There is no I in Team

Working at Encana can be a roller coaster ride from the starting line. Depending on the department you are in, the culture can be very cut throat with fellow employees withholding valuable information just to further their own agenda - instead of... — read more 

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| 2982 views | | 1 reply (January 24, 2018)
Post ID: @OP+Rdo3XT0

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