Thread regarding EnCana Corp. layoffs

Another round coming?

Stock price imploding. Nervous, closed door meetings of the engineering managers. HR reps avoid eye contact in the halls. Folks I talk to in CGY tell me another 10-15% round is coming to pay for the share repurchase and dividend.

Good luck to all!

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Repsol let go 30% this week. Obsidian let go 30% this week. Of course there's another round of layoffs coming for ECA. Wait for it.

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