Anyone heard anything regarding layoffs in Canada? Everyone in the shop is getting quite nervous.
4 replies (most recent on top)
In Alberta the fear is palpable. Ensign Energy Services Inc. 2015 capital budget is reduced to $220 million, the drilling company headed by chairman Murray Edwards added that board compensation of directors would be cut by 20 per cent and the salaries of its named executive officers by 10 per cent, both effective Jan. 1. Cenovus Energy Inc. cut 2015 spending by C$700 million and suspended conventional drilling projects in the provinces of Alberta and Saskatchewan.
Layoff started in Canada, focus on green hands for now, more layoffs are on the way.
rumor is weatherford ampscot in nisku,Ab will be laying off Thursday or next tuesday
Do not worry its coming, everyone is talking about it. Apparently they will not offer generous severance packages as in previous years.