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Good morning colleagues,
The challenges presented by the current economic climate and COVID-19 pandemic are complex and unmatched. Together, my fellow Officers, the Vice Presidents and I have spent the last month carefully discussing the plan to decrease our 2020 spend while safeguarding the best interest of all of Pembina's stakeholders. At the forefront of our concerns is the safety, health and wellness of our staff.
In response to economic and demand-related pressures, Pembina will be making organizational changes to adjust for our business operations and to reflect capital deferrals previously announced. We have also made the difficult decision to transition some people and roles out of the organization.
In our 65-year history, this is unprecedented for Pembina. What I can say is that these actions are not undertaken lightly. Changes to the organization are being made to allow us to prioritize work and organize ourselves to continue to execute on our strategy. This is all to ensure Pembina is set for long term success and to chart a clear path forward for our people.
Today, leaders will be contacting staff to discuss these organizational changes. We ask that all staff make themselves available for a conversation with their leadership team between 8AM and12PM MST.
We appreciate your continued support of the business and for your colleagues as we navigate these difficult times together.
Mick