Thread regarding Cenovus Energy layoffs

Bonuses Going to Su-k

So we didn’t meet the targets set up by the mgmt and as a result we all get less of a bonus. Maybe 80 - 70% if we’re lucky. Then they tell us maybe you can make it up on our personal side but they didn’t give the teams enough bonus money to actually make up the difference so we’re all getting less than a 100%. Meanwhile Cenovus is going to announce they made billions in Q4 to close off the year in 2023. But they’re going to sc--w over the employees nonetheless.

Does anyone really believe Jon or any of the executives are going to get less than 100% or more? It’s less for you so we get more. Jon is sure no Alex. Alex looked after the employees and Jon couldn’t care less about us. I mean the guy actually brags about paying us all at P50 levels.

Jon su-ks and so do our self serving executives.

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Post ID: @OP+1qrvTgsO

12 replies (most recent on top)

Where they gonna go? Suncor !!

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Post ID: @9ohn+1qrvTgsO

They had better be careful, this whole compensation transparency effort in combination with paying at P50 and the lowest bonus payouts in 6+ years could result in a mass exodus…and it won’t be the dead weight that leaves.

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Post ID: @9gie+1qrvTgsO

Typical Exec response.
“Pretty decent compared to some jobs.. so stop your complaining people.”

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Post ID: @5oje+1qrvTgsO

Bonuses should be pretty descent I heard

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Post ID: @4sjy+1qrvTgsO

I heard 75% corporate score. Is this true or just rumours ?

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Post ID: @2kqw+1qrvTgsO

When times are bad,
Management layoffs start and bonuses su-k.

When times are good,
Management … does the same ???

The industry has lost its way

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Post ID: @2tcd+1qrvTgsO

There’s no layoffs coming. The budget is fine and price of oil is good. There’s no reason for it at all.

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Post ID: @2uvx+1qrvTgsO

Husky culture will prevail

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Post ID: @2znu+1qrvTgsO

I wouldn’t be mind blown if they did another round , that’s about the only perk to working for cenovus , eventually they’ll let you go , nobody’s safe there

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Post ID: @1dsy+1qrvTgsO

No layoffs in Jan , thats BS
Stop spreading nonsense

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Post ID: @1vtb+1qrvTgsO

Layoffs are scheduled for January 23, 2024.

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Post ID: @1kdv+1qrvTgsO

They’ve over hired in the last year. There’s no money left for the employees who actually added value over the past few years.

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Post ID: @qap+1qrvTgsO

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