Thread regarding CNOOC International layoffs

Whats going in?

I heard 500 ppl let go today almost 50% of their entire company

by
| 2824 views | | 13 replies (last )
Post ID: @OP+11LLNUNo

13 replies (most recent on top)

IT got hit hard - cos who needs them? they don't make money. All those systems run themselves, right?

by
|
Post ID: @2Iocs+11LLNUNo

Always a sad event for the people involved. Stressful times made more difficult by the current pandemic situation. This is a life changing event for many people. Some people will thrive while others will feel defeated but hopefully only temporarily. Stay positive and appreciate your family.

by
|
Post ID: @2Eqax+11LLNUNo

100% true. Entire teams were dissolved yesterday. 50-60% reduction in NA staff, primarily from Calgary. Personally I know 32 people that were let go.

by
|
Post ID: @2Cdmb+11LLNUNo

Layoffs happened today. News tomorrow.

by
|
Post ID: @2Bkne+11LLNUNo

Managing what I suggest? Everyone that is still there is only there for situational purposes and that’s HR putting packages together. Opex is being spent in fields of opportunity GOM, Buzzard possibly N—ria offshore, Capex is going to a downtown office that has far to many Chairman’s, Presidents, Senior VP’s, North America President and on and on. It’s a daily circus over there and it’s just awful that people go there everyday wondering what’s going to happen, very sad indeed.

by
|
Post ID: @8dvf+11LLNUNo

I'm sure all management positions are still there because they protect their own.

by
|
Post ID: @7uah+11LLNUNo

Not sure why they actually keep a Calgary office?

by
|
Post ID: @7xxd+11LLNUNo

Eventually we will end up with 5 floors 100-120 people on each by May next year, small packs are being let go, Chinese continue applying more pressure. 300 people in 2021. And less and less. Bad choice by Harper, we still could do well with our international assets. Lesson to learn.....

by
|
Post ID: @7kng+11LLNUNo

Not true. More like 20.

by
|
Post ID: @2ywm+11LLNUNo

If the layoff is big enough, it will definitely make it to the news. May not be big in Calgary.

by
|
Post ID: @rks+11LLNUNo

I know some were let go yesterday, no word on numbers or which departments were hit.

by
|
Post ID: @cdy+11LLNUNo

Pretty sure it would have hit the newspapers if it was true similar to Husky’s layoffs last week. I’m also not sure they have 500 people in the Calgary office any more.

by
|
Post ID: @drl+11LLNUNo

Is this true ?

by
|
Post ID: @hsh+11LLNUNo

Post a reply

: