Thread regarding Enbridge Inc. layoffs

160 People at EGD let go yet top Exec see 48% Increase

Makes me sick. Al made over $12M US in 2017 with stock prices below $40 and 160 people let go in Ontario to get savings for Union merger.

http://quote.morningstar.ca/Quicktakes/Insiders/ExecutiveCompensation.aspx?t=ENB

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Post ID: @YgpOPs1

6 replies (most recent on top)

Asking management how many people were let go is a fair question. It shouldn't even have to be asked - those numbers should be public knowledge.

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Post ID: @YgpOPs1-3wmm

Alot of jobs weren't lost but sent to india.

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Post ID: @YgpOPs1-3zgy

It’s 160 from UG and EGD combined, although that total climbs when you add shared service personnel (IT, finance, HR, Supply Chain, etc) that used to support the utilities. It’s hard to tell what the true number of layoffs at each location has been, especially when some cuts that happened leading up to the restructuring were disguised as retirements. Probably a fair question to ask at the next Town Hall. Assuming there will be another attempt at company-wide Town Hall...given how negatively people reacted to the last one, maybe CH will just do podcasts now. That option has my support, lol

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Post ID: @YgpOPs1-2cmb

And the shareholders cheered.

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Post ID: @YgpOPs1-1lgn

I believe Union gas has lost around 100 also

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Post ID: @YgpOPs1-1eqk

I would expect those numbers to only go up,.... on both sides

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Post ID: @YgpOPs1-1nuz

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