Thread regarding Cenovus Energy Inc layoffs

Any updates on the Q1 2016 layoffs?

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Post ID: @OP+GzPQWRR

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440 was the last update

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Post ID: @7obf+GzPQWRR

CEO announced they wanted to reduce G&A costs by $80MM with focus on contractors and contractor rates. Also mentioned benefits, bonuses etc. would be considered to reduce costs. Haven't heard an official number but rumour is 300-400 employees/contractors this round.

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