Seems like there’s a lot of more senior people with 15years plus of experience leaving Imperial. Is this due to the PIL/ PIP or just better opportunities outside Imperial.
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The Imperial corporate funtions, especially the finance function needs a serious purge. Overpaid and underworked dataflex specialists and countless managers, supervisors, leads, advisors and analysts with no future career prospects are tripping over each other for attention. Zoom meetings are the new found pastime. Most of the work has been transitioned to the GBS. Time to pull the plug.
I agree that the Calgary people are just dead weight.
Solomon benchmarking has indicated that Imperial is bottom quintile in Opex. The leadership cannot accept it. It’s all the folks in Calgary office who just pretend to help the assets. They are as bad if not worse than folks from Houston. Get ride of them - then you see benefits
Honestly, no one cares. Tired of the protected Canadians that can't be fired and continue to be employed as expats.
People jumping ship before Kearl is sold to CNRL. Canada just isn't worth the effort anymore, not when Trudeau plans to cap oil production indefinitely, which more than 50% of Canadians agree with. Better to invest in countries where the $ goes the furthest, and that's definitely not Canada.
IOL's texan tendencies always been sore spot.
Employees, customers, shareholders know that.
Rodeo. Rodeo.
There are so many good opportunities outside Imperial now. CNRL considers themselves to be super lean and are hiring extensively including in oil sands. The poaching at Suncor is to be expected but you have to wonder if it will work out any better than Darlene Gates’ poaching over at MEG - they’re very wary of hiring any new Imperial ppl after seeing her and some of the others she brought over after her. Then there’s the clean energy and innovation stuff just exploding, even with the ill-advised moratorium which significantly risks direct foreign investment and we all know how key regulatory certainty has been to developing oil and gas in this province. Also, the environment order Imperial is under since their tailings leave snafu last year has continued to erode the social contract with their employees. Now there’s people being suspended for regulatory issues and non-conformances, being set up to take the fall and save their corporate face because they sacrifice any of us in an instant to save their own old boys club Senior leaders. And this right after rolling out a new management system that supposedly brings the focus shapely back to the senior leaders being ultimately responsible for all performance issues. Leave now if you’re well set up. If they’re not happy with your performance, wait for your golden handshake. Maybe snap up some of the federal government dollars being thrown Alberta’s way to transition you to new careers.
Also, it's just a matter of time before Imperial is sold/spun off by XOM. People see the writing on the wall.
Kruger has been poaching senior personnel since he became Suncor CEO. Employees at Imperial, like XOM, has been demoralized by the ranking system over the years. Opportunities also dried up in recent years (thanks to TMTS), expat to Houston used to be the dangling carrot now only reserved for the connected few. The pls-dont-cry loser prize is be an advisor / planner in Calgary, and eventually headed back to site to serve out the remaining of their career.