Thread regarding Suncor Energy Inc. layoffs

10% layoffs coming

G&A costs too high. Citing focus on more profitability, recession concerns and investor concerns on debt amid inflationary environment despite high profits due to current high oil prices.

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Post ID: @OP+1hoJFema

7 replies (most recent on top)

Are they really thinking to sell Petrocanada stations?

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Post ID: @oihz+1hoJFema

Fort hills cuts coming Monday. God speed my friends.

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Post ID: @litr+1hoJFema

Ok so now BOD to hire CEO from outside of the org. It will take some timeā€¦. Most likely from overseas. Will take time . Most likely in Fall we will see some changes

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Post ID: @ljno+1hoJFema

New CEO’s always start with layoffs to clean house.

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Post ID: @jtwh+1hoJFema

Yes, too many managers, team leads and advisors. They work 6 hours in average every day, they come late, leave one hour early, or just keep working from home but ask everybody else to come to the office. More hands on people is needed instead of too many managers

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Post ID: @ioom+1hoJFema

Mr little wasnt good in my opinion. Yes he kept people but they hired even more incompetent in practice people that had something screaming on their resumes . But too many managers oh my

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Post ID: @frde+1hoJFema

Too many low level managers. This place needs a clean out.

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Post ID: @2hvd+1hoJFema

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