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.
Any chance this may be it for a while?
I really need a breather. At least for a couple of months. It’s unlikely that there will be no cuts in coming months, but still one can hope.
10/10/24
Good luck tomorrow everyone.
A real cost cutting would focus more on the exec level
Sad but true - we are massively over-staffed as compared to peers. I didn't like seeing friends leave yesterday either, and one day it will be me, but oil is $70-$80/bbl and our net debt has stayed almost flat. That's ridiculous. We have 5X the Ops... — read more
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.
Newfield CoC agreements going byebye
2 years is up folks.
I'd welcome layoffs
I'd be happy to leave Ovintiv and never look back.
Well...who is going to buy Ovintiv?
Which id–t will buy us?
Layoffs still ongoing
Some more Denver staff impacted after the June big one. Others cities? Any more?
Where do you see Ovintiv in 3 months?
A honest questions: Where do you see Ovintiv in 3 months?
Hearing 1,000 is the target. 800 most likely
Grande Prairie going to be especially hard hit. Thoughts are with everyone.
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?
Deep Cuts in Progress
Cuts are broad and deep - Ops, Maintenance and Engineering all impacted in the field.
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?
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!
Encana Land Job Postings
Soooo, after the layoffs ECA now has 2 land job postings on Indeed...
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
Things are so bad down at Encana...
They had to layoff the giant head out front of the Bow.
February 21 2019 layoffs today
Lost many good people, lower middle and upper workers. Time to move to the USA.
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
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...
Ready, set, merge
Let us know what you're hearing about the re-org. True info would be preferred.
Why are managers treated like protected species at Encana?
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? Canada?
is Encana gonna "follow" Cenovus and layoff hundreads in 2018? If yes, where? Calgary?
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