Why do people post on here?

Alex just doesn’t understand that no one would post on these sites if they felt heard by their leaders. It is a pure sign of failure at the executive level that any employee past or present even puts one post on here.

Feel free to let me know otherwise but let’s ask a basic question. Why do you think people post on here? Why can’t the CLT even examine that thought without resorting to blaming the employees?

My thoughts:

Basic unfairness and lack of respect. When mgmt gives themselves $30M in retention bonuses, lies about it, and at same time lays off 2,000 people that might tend to rub employees the wrong way.

Not being heard by mgmt. Enough people are posting on here about the culture clash between Husky management and Cenovus employees that it should be investigated. Husky is top down mgmt and Cenovus was more bottom up. We were at least involved and listened too, not so much anymore.

Non stop layoffs have k–led our culture. Absolute failure of management to have 9 or 10 rounds since 2012. No sugar coating that one. Alex promised no more layoffs even while he was negotiating this deal. He lied to his employees.

Tone deaf leaders. If I have to hear one more time how hard it is for them to make these kinds of decisions while employees suffer and are laid off in the middle of a pandemic. So sorry for how hard this is on you all at the top. I hope your big wads of cash help numb the pain.

So I leave this as an open question, why do you think people feel the need to post here? Do you blame the employees or think that there might be some real root causes that need to be addressed?

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CLT is so short sighted and always will be. Why do you think they have had so many rounds of layoffs year after year? They realize the need to balance the books, so they cut people. Well a few months later, they just start hiring again. A year later, they realize they need to cut costs, so do more layoffs. Months later, back to unnecessary hiring. You would think after 10 vicious cycles, they would get it, but they don't. The only thing they get is how use these opportunities to line their own pockets and their chosen ones with retention bonuses. Sadly, all you good people being let go without a thought now will just have their positions replaced in a few months any how and we will be +2000 again. Great workforce planning Alex and Bangs

Cenovus uses mass layoffs to balance their books.

Example is this merger and how they look for savings by doing layoffs. It’s not that they would not be profitable without the layoffs, it’s just they can be even MORE profitable with them. Think about that. Our management is using people’s livelihoods to meet their arbitrary cost savings that they promised shareholders.

A direct result is that our children grow up seeing all us being laid off through no fault of our own, and this generation will come into the work force with a built in disloyalty or lack of commitment to a company built into their work ethic by watching how we were treated.

Profit at any cost without taking care of your employees will have dire results and it will be seen in future generations of workers. Cenovus management suffers from a short term view of the business.

I believe it’s based on a hierarchy of needs and this is where our executive is lost and floundering.

At the bottom are your basic needs and in this particular situation that includes things like job security, reducing constant upheaval and a bit of a sense of normalcy (and by security I mean the ability to feel safe to not only have a job but also to bring up ideas and question things like we were before this merger). Once those are achieved then employees might care about things like culture and inclusion/diversity. But as long as these basic needs are not being met no one will give a rats a$$ about the culture or any of the other nice to haves flavours of the day that the executive comes up with.

100 percent there are root causes need to be addressed. Ive been in this industry for 15 years and this place is toxic

Except the next CEO is Jon. He already announced his own promotion.

notice how our Peers don’t have employees posting on layoff.com.. this company has had daily posts on this site, even before the merger.

Consider this a failing performance measure for Exec team.

Assets will make money with strong daily operational decisions by quality employees. The next CEO will have low hanging fruit in that area.. I expect a 20% pop to the stock price when the next CEO is announced

Thread regarding Cenovus Energy layoffs

Why do people post on here?

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