Just curious if anyone has noticed the pattern of releasing employees over the age of 50? Seems to be a pattern in some areas of the company
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Maybe this is all part of the new-age succession planning the execs came up with during one of their planning retreats
It's been my experience that the young pups, particularly the technical ones, spend most of their day supporting the local Starbucks and then mingling about in the lobby making lunch plans or discussing the latest TikTok trends. The fact is, you need all age groups on board, as all have something of value to contribute.
And then one day, when the 'young pups' are now the 'old f4rts,' will they have enough life experience to see the writing on the wall and be ready for it?
Yes I do. When legacy cenovus staff have been paid top dollar for years as data entry clerks (aka accounting technicians) $80,000 plus benefits to s— up. Get rid of these dinosaurs. Hire young people for half
Hahaha... and to think that APEGA did an audit on to see that everybody was in compliance with the PDA rules. What a joke, they should be administering some kind of competence test.
It's just part of the formula for good economic governance. More expensive to keep older employees, regardless of their knowledge and contributions, than it is to let them go. You can get several new grads for the price of one old f4rt. Young pups can produce twice they amount of work, but make 10x the errors, this doesn't matter because they get covered up anyhow. So it actually looks like you are doing more and the execs can actually increase the head count to grow the kingdom.