Topics regarding layoffs at Husky Energy Inc.
Well, not a great start to 2020 for Husky. Company is looking to cut ~$1B in 2020 spend following the oil market collapse today. Planned to spend ~$3B in 2020, so this is significant and I am guessing we will see another round of layoffs. Good luck... — read more
Not surprising me that most of the Oil & Gas Companies failing in Calgary, Alberta. All due to bad bad bad management. Management spent millions to resource IT, then decided to bring it in house costed tens of millions more in a short time... — read more
Any chance we'll get blindsided like this again any time soon?
Their president Rob Peabody has destroyed the Company. Ruthlessly throwing people into the streets. While under his watch the company spewed millions of barrels of oil into a Saskatchewan river, Spilled oil offshore NFLD, was sanctioned for not... — read more
That's what I am hearing. They are not disclosing numbers but internally I am hearing that over 400 people got the axe. Not sure if this is true but it surely feels like several hundred, this is a big round of cuts and no matter what they do they... — read more
Here is the coverage by The 660 so far: Hundreds of layoffs at Husky https://www.660citynews.com/2019/10/22/hundreds-of-layoffs-at-husky-reports/ The full statement from Kim Guttormson with Husky Energy is as follows: Today we did have to... — read more
what a horrible way to treat their loyal employees... this could have been handled so much better...
Any ideas on how many total are being shown the door? And has everybody been notified and/or scheduled for a meeting or are notifications still going out? I'm personally hoping they get it over with today. I've been stressing more than enough... — read more
Big Layoffs coming on Tuesday. Good luck everyone.
this low commodity environment worries me a lot. Every day I come to work, I do my best. I see the stock going down, why?
is this now costing more than it has saved?
Is this ever going to stop?