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.
Topics regarding layoffs at EnCana Corp.
I hear that an unknown buyer bought out the company and is going to let it slowly melt away?
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! — read more
Soooo, after the layoffs ECA now has 2 land job postings on Indeed...
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
What I'm wondering is what's all this secrecy about? Why hide some of the numbers? The CEO of Encana Corp. says it cut its total workforce by 15 per cent and reduced its ranks of executives by 35 per cent in just over a week after closing its deal to... — read more
They had to layoff the giant head out front of the Bow.
Lost many good people, lower middle and upper workers. Time to move to the USA.
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
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...
Let us know what you're hearing about the re-org. True info would be preferred.
In the last five rounds of layoffs (which is as far as I can remember, I'm sure it was the same before that) managers were pretty much spared each time. Why is that? They are among the least capable employees in the company, considering that majority... — read more
is Encana gonna "follow" Cenovus and layoff hundreads in 2018? If yes, where? Calgary?
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
Hearing rumors of more negotiators going to permian land? How many more?
so, what's up with the two job openings in EHS for ACTS experience? Did the previous personnel jump ship or were laid off?
Encana s--- as an organization. Well below average. Out!
During the March 2016 layoffs, encana CFO said at a staff meeting we can not freeze salary or bonus because we have to be competitive in salary to attract talents. Instead we need to eliminate 600 people this time in order to be competitive. This... — read more
In Chief Facilities group those with most experiences and who dared to speak out and to point out the company wrongful doings were let go. Those who know little but buddies of senior managers stayed. It's not performance or capability based layoffs... — read more
They cut the old guys and the most experienced people on the teams, presumably to save the asses of the young and dumb. We're so screwed when this oil thing rebounds. Great job encana.
It is appearing that Encana has decided that the bottom line of today is better than the management of two critical corporate systems in Canada. The entire teams responsible for both the management of Ethos (Corp EH&S management system) and Business... — read more
My son was laid off from Encana (Calgary) this week, he had 17 yrs of faithful service in a critical role with them. It seams extremely self-serving that so many of the top executives still remain at the expense of so many. Shame on you Encana.
It's all those ex pan cans still in the office that protect one another and us regular Joe get let go. When times were good you would think that the big boss up stairs would of seen this crap that went on.
Any word on EHS in Denver? Were they hit anything close to the 65% in Calgary?
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From those who have been let go from Encnana, what is the report on the severance package? Any reports of people getting sabbatical?
I heard Land got the visits yesterday. Any others? Any numbers? How close to 20% are we?