SCM told to stay home tomorrow

Will there be more cuts?

I can confirm three people left our asset in the US yesterday with a possible fourth waiting to be confirmed. There are speculations that six more will be leaving in the next few weeks. Any updates from elsewhere?

Get ready to unlock more “‘synergies” when this deal closes. I’ll take a severance

Just putting it out there but the Cenovus board of directors should contemplate a trade of MEG for Lloyd thermal/Lloyd cold production assets. Cenovus would obviously have to pay a lot more to close this deal but it may be the only way to get rid of... — read more 

Hearing rumors about potential layoffs in Finance. Anyone else hear anything?

So what is the plan for the U.S. Refineries?

I am not sure if it is a good idea to buy MEG. It is on news as a potential bid by Cenovus. More money to borrow.

https://www.insidermonkey.com/blog/is-cenovus-energy-cve-a-good-investment-for-passive-income-1572379/

How problematic is that for cve?

https://sasknow.com/2025/07/21/puck-drops-on-a-new-era-lloydminsters-101m-cenovus-energy-hub-to-open-oct-1/

When is the next phase of the Downstream reorg?

Back in legacy Husky days, I heard the old CIO and head of IT was removed for corruption reasons. Does anybody the story on that? Somebody about accepting bribes? Am curious if the pulled out the whole corrupt tree. Thanks all and hoping somebody... — read more 

I want to get out of this BS company, can anyone give some tips on how to convince my leaders to lay me off and give me severance? I don't want to resign. I have been with the company for a long time and would get a sizeable severance if nominated

Having worked in the industry 25+ years I can confirm that Cenovus is not a place you should invest your time at and build a career. They are not worthy of your time, talent and effort. Management seems to think that senior ex-Husky and Conoco... — read more 

Heard of at least ten G+G staff, not sure if other disciplines were affected. The fun keeps getting more fun.

Haha nope. Never forget it can always get worse when accountants are in charge.

Those fortunate to have received retention bonuses payable today woke disappointed as Cenovus forgot to actually pay them. Not surprising as the leadership team is too busy driving the stock price down.

Is the company still separating employees out by ethnicity and gender when considering leadership positions? A formula for failure.

Almost every round of cuts has been purely by the numbers. We’ve lost people we could afford to lose, but also people we badly needed. Those roles were never backfilled. If my team gets hit in the next round of layoffs, and it likely will, we’ll be... — read more 

We all know it’s not a question of if, but when. Everyone should assume their role isn’t safe. Waiting around for answers only adds to the stress, but you can take control by starting to network now. I’ve seen too many talented people caught off... — read more 

Anyone has an update, how long shut down will last due to fires?

How’s the supervisor making out these days?

When does the crazy narcissist that leads planning get punted to the curb?

Anyone know who the targets are for the downstream business office layoffs in June?

Now that we have a new COO in charge how do you think we’re doing in upstream?

Will it ever get to 25?

That none of you are commenting after the TH. It makes me laugh how caught up you are in rumours.

A Japanese company and a North American company decided to have a canoe race on the St. Lawrence River. Both teams practiced long and hard to reach their peak performance before the race. On the big day, the Japanese won by a mile. The North... — read more 

Can anyone provide more detail on the positions eliminated in Lloydmister?

It’s just not worth it. There are no rewards, no promotions, and no real appreciation. The best you can hope for is to avoid being laid off in the next round, which, based on the last few years, is probably coming soon anyway. Bare minimum, that’s... — read more 

You know where loyalty is for executive leaders

Sounds like it was more about trimming the d e i hiring

I’ve given up. I’m willing to accept a lower-paying but more decent job. The levels of toxicity, stress, and exhaustion just aren’t worth the money. I can’t even remember the last time that navigating tense work relationships, dealing with excessive... — read more 

This round is not even over yet and I'm already thinking about when the next one will start. At this point, I've been conditioned to never relax, not even for a day or two. It's just constant stress over layoffs. I think I need a new job if I'm going... — read more 

Or don’t help if you enjoy negative returns year after year. New leadership needed.

Or are other areas being hit as well? How long is this going to last, ffs?

Just so you know I was told today that CVE no longer values your development or education as of this week. New strategy. They are looking for unqualified people off the streets with no valid experience or education to fill open roles. The d-mber... — read more