@6tca+17NStbgS i really want to take the cut. I am sick of Husky policies. I always saw Cenovus as an inferior company to Husky and feeling of being bought by a small company is painful to loyal Husky employees. This merger is bunch of b—s— to further deepen executive pockets with heavy payout.
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@1eod+17NStbgS You clearly do not know what you are talking about. CVE stock was down along with everything else after the announcement. It had nothing to do with the merger. With your attitude I hope you don’t make the cut. We have enough negative nellies here.
Well we’re going to end up with 25% of the remaining staff being HR. Since HR literally has nothing to do all day they’ll just drink coffee and spread gossip, and act like spies against employees. Sounds like success to me!! I mean just look at HR now. I don’t even know what each HRBP even does, mine is largely awol, but oh each of them have a support team reporting to them. Expecting to see more of that!
There was little thought behind the merger, which is not a recipe for success. Two wrongs don’t make a right. Bad leaders suddenly don’t become good leaders. Husky folks are really screwed, because the same terrible leadership will continue to pat themselves on the back and remain clueless and fly by the seat of their pants... just look at how Deep Basin is treated. No one even knows they exist.
I bet we all end up with a HR group with spinner the people and all mgrs, directors, and above.
This merger is like showing investors golden eggs which are actually hollow and rotten. Investors have sent clear message to cenovus to walk the talk thats why we saw cenovus stock loose more than 10% the day after merger was announced, it will talk a long time and disciplined operating performance before cenovus breakseven in current market, husky has bad assets with poor performance (i am Husky employee)
If you still have useless management that make 100x more than the worker bees and they do sh–. NO.
There is a ton of synergies in the back office - if you can consolidate HR, Finance, IT, etc. it's a win.