In case somebody missed it...
Crescent Point Energy Corp. is selling assets and says it will chop its work force by nearly a fifth as new chief executive officer Craig Bryksa seeks to restore investor confidence in the light-oil producer.
https://www.theglobeandmail.com/business/article-crescent-point-plans-to-cut-17-per-cent-of-work-force-as-craig-bryksa/
Very few managers were let go...the bloated departments were barely touched. Bryksa being an engineer saved most of the engineering department. Can't understand the reasoning behind who stayed and who was fired...
230 will be laid off
Not a peep? How about this?
Crescent Point Energy Corp. says it plans to reduce its workforce by 17 per cent, sell some infrastructure assets and reduce its debt by more than $1 billion by the end of 2019.
This is true.
Not a peep from the execs.